• Q : What must sales be in order to have a profit....
    Accounting Basics :

    Macbeth manufactures and replicates CDs for software and music recording companies. CD solutions sells each disc for 2.50. The VC per disc is 1.00. What must sales be in order to have a profit of 75

  • Q : Prepare a post-closing trial balance....
    Accounting Basics :

    Using the information provided below, journalize and post the adjusting and closing entries for Chris and Mary Jane's first month of business. Prepare a post-closing trial balance.

  • Q : Margarets behavior regarding the cost information....
    Accounting Basics :

    Is Margaret's behavior regarding the cost information she provided to Susan unethical? Explain your answer.

  • Q : Calculate the cost of capital for the two firms....
    Accounting Basics :

    1) If the risk-free rate is 6% and the equity risk premium is 5%, calculate the cost of capital for the two firms and the combined firm. 2) Assuming the value drivers remain constant(and revenues ar

  • Q : Difference between annuity and a sinking fund....
    Accounting Basics :

    What is the difference between an annuity and a sinking fund? If you were to set up an annuity today to purchase something in 7 years what would it be for? If you were getting 6% compounded annually

  • Q : Performance evaluations at jobs....
    Accounting Basics :

    At 2.5% significance level, can you conclude that the proportion of all women who think that performance evaluations at their jobs are fair is higher than the proportion of all men who hold that opi

  • Q : Eps and the stock price....
    Accounting Basics :

    (A) what adjustments would have to be made to the capital accounts for a 10 percent stock divident? show the new capital accounts. (B) What adjustments would be made to EPS and the stock price? (Assu

  • Q : Tax saver benefit plan....
    Accounting Basics :

    A TSB (Tax Saver Benefit) plan allows you to put money into an account at the beginning of the calendar year that can be used for medical expenses. This amount is not subject to federal tax (hence t

  • Q : Retirement savings amount....
    Accounting Basics :

    What are some other options to supplement the lump sum to get to me to choose my retirement savings amount?

  • Q : Accounting terms-depletion and depreciation....
    Accounting Basics :

    The accounting terms depletion and depreciation describe basically the same thing. Do you agree with the above statement? Explain why or why not.

  • Q : Determine the value of a stock....
    Accounting Basics :

    Problem 1. Stock. What is the value of a stock with a a. $2 dividend just paid and an 8% required return with 0% growth? b. $3 dividend just paid and a 9% required return with 1% growth? c. $4 dividen

  • Q : Different kinds of decision variables....
    Accounting Basics :

    a) This problem requires two different kinds of decision variables. Clearly define each kind. b) The company wants to minimize total cost. Give the objective function.

  • Q : Amount of depreciation expense recorded....
    Accounting Basics :

    a. What is the amount of depreciation expense recorded on the old machine for each year of use? (Show your computations). b. What is the amount of gain or loss on the disposal of the old machine? (Sho

  • Q : Calculate the total revenue for each level of demand....
    Accounting Basics :

    Q1. Calculate the total revenue for each level of demand. Q2. Using the midpoints formula presented in the text, calculate the elasticity coefficient for each price level, starting with the coeffic

  • Q : Interest earned during specific years....
    Accounting Basics :

    Q1. How much would Katrina have in her account at the end of six yrs if she earns 12% onthe investment? How much of this would be interest earned during the six years?

  • Q : Prepare the classified balance sheet of maltbee lawn service....
    Accounting Basics :

    As a team, prepare the income statement of Maltbee Lawn Service for the four months May through August. Prepare the classified balance sheet of Maltbee Lawn Service at August 31.

  • Q : Asset with a negative or low positive beta....
    Accounting Basics :

    Problem: The purpose of adding an asset with a negative or low positive beta is to:

  • Q : Does accounting really have predicting power....
    Accounting Basics :

    Problem 1. How do you think efficient market hypothesis should impact the drafting of accounting standard Problem 2. Does accounting really have predicting power?

  • Q : Predetermined oh rate based on direct labor hours....
    Accounting Basics :

    What is the plantwide predetermined OH rate based on (1) direct labor hours and (2) machine hours for the upcoming year? Round all computations to the nearest cent.

  • Q : Analyze the potential liability of the school....
    Accounting Basics :

    Write a brief memo as to whether Pastor Forester committed illegal or discriminatory practices in his brief tenure described in this situation. Then, analyze the potential liability of the school.

  • Q : Problem to minimize total labor cost....
    Accounting Basics :

    Assume that there are 20,000 pounds of lumber and 20,000 pounds of nails for both shifts. Formulate this problem to minimize total labor cost

  • Q : Components of medical records....
    Accounting Basics :

    History and Physical report-this consists of a collection of information that includes a detailed account of the patients' past and present illnesses. This section would also include diagnoses of c

  • Q : Semiannual coupon payments....
    Accounting Basics :

    Now, suppose Twin Oaks' four-year bond had semiannual coupon payments. What would be its current value? (Assume a 7 percent semiannual required rate of return. However, the actual rate would be slig

  • Q : Receiving a stream of annual payments....
    Accounting Basics :

    Suppose you are to receive a stream of annual payments (also called an "annuity") of $6000 every year for three years starting this year. The interest rate is 3%. What is the present value of these

  • Q : What would the company optimal loan amount....
    Accounting Basics :

    Suppose the bank offers Christine a discount, as follows: On any loan amount equal to or greater than $500,000, the bank will lower the number of points charged on the loan origination fee from 2.25

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