University of Phoenix ACC/400 Accounting for Decision Making Final Exam PLEASE PUT YOUR ANSWERS ON THE EXCEL SPREADSHEET 151 Points PART I — MULTIPLE CHOICE -2 pts each (40 points) Instructions Designate the best answer for each of the following questions. 1. A measure of a company’s solvency is the a. acid-test ratio. b. current ratio. c. times interest earned ratio. d. asset turnover ratio. 2. Allowance for Doubtful Accounts
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Ethics Case Study Dien Huynh University of Phoenix ACC/557 Accounting Ethics Instructor: MICHELE SCOTT 11/16/2012 Ethics Case Study The case study of Lillian Fok‚ Sandra Hartman and Kern Kwong in 2010 about differences and similarities in business ethical values has been done to examine ethical values that underlie business decisions in the U.S.‚ China‚ and Jamaica. China transforms from a socialist based‚ command economy to a free market economy. Because of the transformation
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high. The Quality control of DJC is process centric where each process is QC monitored unlike in Sunnyvale its end product inspection. The quality losses of DJC and ACC over total production are 0.7% and 1.6%. So‚ Quality is one grey zone which needs to be addressed by ACC. Ø Work in process inventory cost is very high in case of ACC in comparison to DJC. This in turn is reduces connector output per square foot as extra space is required for WIP and finished goods(15.1 of Kawasaki VS. 10.9 of Sunnyvale)
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| | Gross Profit | | 162‚800 | | | | | | Distribution cost | | (29‚000) | W1 | Administrative expenses | | (43‚900) | W2 | Other operating expenses | | (15‚600) | | Profit from operations | | 74‚300 | | Finance cost | | (400) | | Loss on disposal of plant | | (3‚000) | | Foreign currency transaction gain | | 3‚200 | | Profit before tax | 3 | 74‚100 | | Taxation | 4 | (23‚200) | | Profit after tax | | 50‚900 | | | | | | Other comprehensive income:
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ACC 205 WEEK 3 COMPLETE WORK to purchase this‚ visit here http://www.coursehomework.com/product/acc-205-week-3-complete-work/ ACC 205 WEEK 3 COMPLETE WORK ASSIGNMENT: ACC 205 Week Three Exercise Solution 1. Specific identification method: 2. Inventory valuation methods: 3. Perpetual inventory system: 4. Inventory valuation methods: 5. Depreciation methods: 6. Depreciation computations: 7. Depreciation computations: ACC205_Week_Three_Exercise_Assignment: Inventory 1. Specific identification method
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TUI University ACC 403 Mod 2 SLP Statement of Income | | Smith Company | | | | | | | | | | | | | | | | | | | | Year Ended December 31‚ 2012 | | | | | | | | | | Revenues: | | | | | | | | | Net Sales | | | | | | | $406‚000.00 | | Other income | | | | | | $0.00 | | | | | | | | | $406‚000.00 | Cost and expenses: | | | | | | | | | Cost of goods | | | | | | $289‚500.00 | | Salaries | | | | | | | $67
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ACC 307: Cost Accounting Winter 2013 Practice Problems Chapter 8 Problem 1: Different management levels in Bates‚ Inc.‚ require varying degrees of managerial accounting information. Because of the need to comply with the managers’ requests‚ four different variances for manufacturing overhead are computed each month. The information for the September overhead expenditures is as follows: Budgeted output units 3‚200 units Budgeted fixed manufacturing overhead $20‚000 Budgeted
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Chapter 2 questions (1) Why is Manulife’s share price ($13.96) less than its embedded value per share ($20.02)? (2) Critically analyze Husky Energy Inc.’s reserve recognition accounting (RRA). Is it relevant? Is it reliable? As a manager‚ do you like to report such information? As an investor‚ do you like oil and gas companies to provide such information? Why do regulators require RRA to be reported as supplementary information? (3) The author states that “under the real-world conditions in which
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The debut film of Francois Truffaut‚ The 400 Blows is world-renowned for being the epitome of the French New Wave movement. Following the award for best director at the 1959 Cannes festival‚ Truffaut’s The 400 Blows entered theatres of all nations ranging from its domestic French theatres to the foreign theatres such as in the United States. Domestic (French) reception of the film was quite positive‚ and commented by Jean-Luc Godard declared it to be “most free‚ film of the world” of the time (Godard)
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credited‚ depending on the circumstances D. capitalized 5. ABC Corporation issues 100 shares of $1 par common stock at $5 per share‚ which of the following is the correct journal entry? Cash | $500 | | Paid-in Capital‚ Excess of Par | | $400 | Common Stock | | $100 | 6. In the first month of operations‚ the total of the debit entries to the cash account amounted to $1‚400 and the total of the credit entries to the cash account amounted to $600. The cash account has a A. $600 credit
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