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Create a financial worksheet that will include monthly income (Childcare rates and subsidy amounts) and monthly expenses.
The sensitivity approach requires that the firm provide an estimate of the loss of value or earnings. Discuss the strength and weakness of Sensitivity Approach.
What is significant about this career path and why should students choose this path (corporate accounting)?
Calculate the annual rate of return for the new machine. Compute the cash payback period for the new machine.
Describe the problem resulting from each weakness. Recommend control procedures that should be added to the system to correct the weakness.
Calculate the operating cash flows for the project. Calculate the NPV of the project. Should you proceed with the project?
Prepare the journal entries on Logan Company's books to record the purchase. Prepare the journal entry on Nylon Sail Company's books to record the sale.
Explain what it means to say, variables must vary. Compare and contrast the characteristics of continuous and discrete variables.
Explain the difference between authorized, issued, and outstanding shares. How many shares did each company issue in the current year?
What type of internal control(s) might be useful for this company in overseeing the manager's recommendations for accounting changes?
Develop a plan to show them recognition. It should be personalized and meaningful. Perhaps you can buy them a small token of appreciation.
Compare and contrast financial and managerial accounting. How managerial accounting helps managers to improve operational and financial performance.
Provide an opinion of the company's financial condition using selected financial ratios calculated in 3 below.
What conclusions do you come to about the return on assets for each company? What does the debt ratio tell you about each company?
Calculate current tax expense or benefit for Javier Inc. Also report the relevant deferred taxes. Show any adjusting entry for correction of prior year error.
Write a paper about a recent (2020/2021) business or accounting ethics issue/practice. I need to have an article from a reputable source.
Develop a conservative forecasted sales budget based on the survey results. Make sure your price is less than what the dealership charges.
How the portfolio manager would estimate the fair values of each of those classes of assets and characterize inputs you identify as Level 1, Level 2 or Level 3.
Identify which set of financial statements you think is the easiest to understand and provides you with most accurate cost data as a manager.
Do you think implementing activity-based costing in an organization to make better business decisions is worth the added expense? Why, or why not?
Due to declining revenues in their profession, your client does not see their income changing. What bankruptcy option would you recommend and why?
Compare the views of management and accountants regarding the changes required by the Sarbanes-Oxley Act on internal controls.
Share your observations about the legislation, along with what laws or regulations you think could change (or remain the same) in the future.
Examine the significant factors relative to the omission by the client that would result in a criminal investigation rather than a civil fraud proposal by IRS.
Create a scenario where the transfer of property to a controlled corporation under Section 351 of Internal Revenue Code (IRC) results in taxation to transferor.