QUESTION Walker & Campsey wants to invest in a new computer system, and management has narrowed the choice to Systems A and B.System A requires an up-front cost of $100,000, after which it generates positive after-tax cash flows of $60,000 at the end of each of the next 2 years. The system could be replaced […]
Date: September 2nd, 2020
QUESTION Question 1 Which of the following weakens a country’s rule of law?a. Formalizing laws into written codes.b. Centralizing political power into the executive branch.c. Making government records open to scrutiny by citizens.d. Granting citizens certain fundamental rights.Question 2 Which of the following policies would be broadly supported by most economists?a. Tax cuts to shrink […]
Date: September 2nd, 2020
QUESTION Principles of Microeconomics Social Responsibility AssignmentBackgroundProfit maximization is the assumed goal of the firm. That is, the firmâs goal is to maximize profits subject to its costs. Critics, assert that this interpretation of the goal of the firm is quite narrow because it ignores the realities of environmental concerns, or the firmâs obligation to […]
Date: September 2nd, 2020
QUESTION Assignment 2: Marketing PlanDue Week 6 and worth 100 pointsThis assignment consists of two (2) sections: a marketing plan and sales strategy, and a marketing budget. Note: You must submit both sections as separate files for the completion of this assignment.For the first six (6) months your company is in businessâto give you time […]
Date: September 2nd, 2020
QUESTION (20 points) Consider a game between Joe and Snake. This game takes place in the morning after Joe has had breakfast. Snake can do two things: fight Joe or not. He likes fighting with people who are feeling cowardly and gets a payoff of 1 if he does. Snake, however, does not like to […]
Date: September 2nd, 2020
QUESTION Grants Corporation prepared the following two income statements (simplified for illustrative purposes): First Quarter 2011 Second Quarter 2011 Sales revenue $ 12,400 $ 18,000 Cost of goods sold Beginning inventory $ 4,200 $ 3,400 Purchases 3,300 12,700 Goods available for sale 7,500 16,100 Ending inventory 3,400 10,000 Cost of goods sold 4,100 6,100 Gross […]
Date: September 2nd, 2020
QUESTION Python acquires 80% of the voting stock of Slither on January 1, 2017 for $1,500,000. The fair value of the noncontrolling interest is $350,000. Slitherâs balance sheet at the date of acquisition is as follows:Book ValueDr (Cr)Fair ValueDr (Cr)Tangible assets$5,000,000$3,500,000Identifiable intangiblesâ2,000,000Liabilities(3,000,000)(3,000,000)Capital stock(500,000)âRetained earnings(1,400,000)âAccumulated other comprehensive income(100,000)On the consolidation working paper at January 1, 2017, […]
Date: September 2nd, 2020
QUESTION ACCT 505 Managerial AccountingAll Case Studies,Quizzes,Course Projects, Midterm and Final ExamWeek 1 Assignments:Week 1 Case Study 1 Top Switch Inc (Source 2)Week 1 Case Study 1 Top Switch Inc.Week 1 Case Study 1 Top Switch IncWeek 1 Practice Homework Assignments P 2-22, P 3-22, E 2-12; E 2-4Week 2 Assignments:Week 2 Chaper 3 Systems […]
Date: September 2nd, 2020
QUESTION Sunco Oil manufactures three types of unleaded gasoline (super, premium, and regular). Each type pf gasoline is produced by blending together three types of drude oil (Crude 1, Crude 2, and Crude 3). The sales price per barel of gasoline and the purchase price per barrel or crude oil for the planning period are […]
Date: September 2nd, 2020
QUESTION ACCT 504 Case Study 2(Learning Objectives 2, 4: Explain the components of internal control; evaluate internal controls) Each of the following situations reveals an internal control weakness:Situation a. In evaluating the internal control over inventory for the Williams Oil Services Company, an auditor learns that the warehouse receiving clerk is responsible for ordering parts for […]
Date: September 2nd, 2020
