This paperwork of ACC 440 Week 3 Discussion Questions shows the solutions to the following problems: DQ1: What are some of the issues we may run into when consolidating financial statements at period end? What types of transactions need to be addressed in a consolidation? DQ2: Why do most parent companies acquire 100 percent ownership of the subsidiary when 51 percent would grant them economic control? What are the economic reasons supporting more than a 51 percent ownership level?
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The file of ACC 421 Week 4 Discussion Questions comprises: DQ1: What does the statement of cash flows tell you about a company? Why is the statement of cash flows important? Can a company have profits but no cash? Why or Why not? DQ2: What is included in each section of the statement of cash flows? What does each section tell you about the company? Which of the three classifications of activities included on a statement of cash flows is the most important? Why? Business
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U1-40 (30 min) Benefit-cost analysis—add a project a. and b. | Income Statement | New contract changes | Dollar impact of new contract | Income with new contract | Sales revenue | $ 1‚500‚000 | $ 200‚000 | $ 200‚000 | $ 1‚700‚000 | Costs | | | | | Labor | 700‚000 | 175‚000 | 175‚000 | 875‚000 | Equipment lease | 104‚000 | 12% | 12‚480 | 116‚480 | Rent | 120‚000 |
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True False 2. Intraperiod tax allocation is the process of associating income tax effects with the income statement components that create those effects. True False 3. Material restructuring costs are reported as an element of income from continuing operations. True False 4. Earnings quality refers to the ability of reported earnings (income) to predict future earnings. True False 5. Gains‚ but not losses‚ from discontinued operations must be separately
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MTT (Set 5 with answer) 1) The following is selected information from the records of Ray‚ Inc.: Purchases of raw materials $ 6‚000 Raw materials‚ beginning 500 Raw materials‚ ending 800 Work-in-process‚ beginning 0 Work-in-process‚ ending 0 Cost of goods sold 12‚000 Finished goods‚ beginning 1‚200 Finished goods‚ ending 1‚400 What is the total amount of conversion costs? a. $5‚500 b. $5‚900 c. $6‚100 d. $6‚500 ANSWER: Choice "d" is correct. Conversion costs (labor and overhead)
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Stock | E(r) | | Correlation Coefficients | 1 | 0.06 | 0.20 | 1 with 2: -0.10 | 2 | 0.08 | 0.10 | 1 with 3: +0.60 | 3 | 0.15 | 0.15 | 2 with 3: +0.05 | A portfolio is formed as follows: sell short $1‚000 of Stock 1; buy $1‚500 of Stock 2; buy $1‚500 of Stock 3. The investor uses $1‚000 of his own equity‚ with the remaining amount borrowed at a risk-free interest rate of 4% (with continuous compounding). (a) Assuming that there are no restrictions on the use of short-sale proceeds
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Unit 3 Early years settings have to have policies and procedures to safeguard children from harm and danger. Examples of these are: Fire procedure Accident and injury procedure Arrival and departure procedure Medication policy Confidentiality policy Behaviour management policy E3: Describe how the policies and procedures will help safeguard children Arrival and departure procedures help to safeguard children because it means people can’t just walk into the placement and get to the
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Week 3 DQ Organization is a social unit of people that is structured and managed to meet a need or to pursue collective goals. (Businessdictionary.com) Organization as a structure distributes responsibilities among the members of the company (child 2005‚ p.6). By allocating people and recourses to the necessary tasks and designating responsibilities‚ the organization contributes to the successful implementations of its goals. While organization as a process focus more closely on behaviors
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P2-6B Condensed balance sheet and income statement data for Fellenz Corporation are presented below. FELLENZ CORPORATION Balance Sheets December 31 Assets 2012 2011 Cash $40‚000 $24‚000 Receivables (net) 90‚000 55‚000 Other current assets 74‚000 73‚000 Long-term investments 78‚000 60‚000 Plant and equipment (net) 520‚000 407‚000 Total assets $802‚000 $619‚000 Liabilities and
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This paperwork - ACC 422 Week 3 Discussion Questions - consists of: DQ 1: What is the purpose of depreciation? Does the book value of a fixed asset (cost minus accumulated depreciation) communicate to a user what the asset is worth? Explain why or why not. Should the financial statements reflect the value of fixed assets? Explain why or why not. DQ 2: What is an intangible asset? Should all intangible assets be subject to amortization? Explain why or why not. Why are some
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