Questions And Answers Questions Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 0 Ans sing the FIFO method, prepare the direct materials cost and the conversion cost per equivalent unit and assign April’s costs to the department’s output. 2.62K views 0 Votes 0 Ans What are the total number of units to be assigned cost on the cost of production report for Department W? 817 views 0 Votes 0 Ans (a) When did the FASC Codification become effective? (b) Did the FASC change prior GAAP? (c) What does the FASB expect from the new FASC structure and system? (d) What are the “topics” used in the ASC? (e) Are Securities and Exchange Commission (SEC) references included in the ASC? 2.00K views 0 Votes 0 Ans 575 views 0 Votes 0 Ans Plymouth Corporation issued $200,000 of 9%, five-year bonds at 99 on January 1, 2000. Interest is paid semi-annually on January 1 and July 1. Plymouth Corporation uses the straight-line method of amortization. This assignment requires you to record transactions related to the issue of bonds and subsequent interest payments in the general journal. 773 views 0 Votes 0 Ans Question of business Finance 4.60K views 0 Votes 0 Ans 799 views 0 Votes 0 Ans A budgeted Income statement for the three month period ending June 30. Use the contribution approach 3.84K views 0 Votes 0 Ans Discuss the difference in value (if any) of these two stations. 1.66K views 0 Votes 0 Ans The bonds have 25 years remaining until maturity. Compute the new price of the bond. 1.43K views 0 Votes 0 Ans a1. Journalize the cost of transferred-in materials. If an amount box does not require an entry, leave it blank. a2. Journalize the conversion costs. If an amount box does not require an entry, leave it blank. a3. Journalize the costs transferred out to Finished Goods. b. Determine the balance of Work in Process—Filling at the end of the period. 870 views 0 Votes 0 Ans The 2014 balance sheet of Steelo, Inc., showed current assets of $4,500 and current liabilities of $2,920. The 2015 balance sheet showed current assets of $3,000 and current liabilities of $1,530. What was the company’s 2015 change in net working capital, or NWC? 1.80K views 0 Votes 0 Ans Tom company’s last dividend was $1.25. The dividend growth rate is expected to be constant at 15% for 3 years, after which dividends are expected to grow at a rate of 8% forever. If the firm’s required return (rs) is 11%, what is its current stock price? 731 views 0 Votes 0 Ans ABC Company started year 1 with $165,000 in its cash and common stock accounts. During year 1, ABC paid $123,750 cash for employee compensation and $37,950 cash for materials. 687 views 0 Votes 0 Ans Alphabet Inc. has a manufacturing plant with three service departments (A, B and C) and a single operating department (D). Following are the hours of service (measured in direct labor hours) expected to be provided by A, B and C for this year. 826 views 0 Votes 0 Ans How does the allowable capital recovery period affect the potential return on the investment in an asset 952 views 0 Votes 0 Ans Economic consequences and positive accounting theory try to explain why managers care about accounting policy choices and to predict how managers will respond to changes in accounting standards. Required: a) Explain the relation between economic consequences and contracting, and between contracting and the moral hazard problem. b) A current debate in accounting practice is whether rules-based or principles-based GAAP (generally accepted accounting principles) is preferable. Which do you think is preferable from the perspective of economic consequences and efficient contracting between investors and managers? Why? 898 views 0 Votes 0 Ans John Fillmore’s lifelong dream is to own his own fishing boat to use in his retirement. John has recently come into an inheritance of $409,900. He estimates that the boat he wants will cost $327,300 when he retires in 5 years. (Use the tables below.) Assuming quarterly compounding of amounts invested at 12%, how much of John Fillmore’s inheritance must be invested to have enough at retirement to buy the boat? (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 458,581.) 1.43K views 0 Votes 0 Ans What is the Future Value of $5,000 deposited today earning interest at 10%, compounding quarterly for 5 years? 494 views 0 Votes 0 Ans 740 views « Previous 1 2 … 64 65 66 67 68 … 128 129 Next »
