mid-sized accounting firm in Boston that specializes in commercial accounting and audits. My particular specialty in accounting practices for shipping companies‚ ranging from small fishing fleets to a couple of the big firms with ships along the East Coast. About 18 months ago McKay‚ Sanderson‚ and Smith Associates became part of a large merger involving two other accounting firms. These firms have offices in Miami‚ Seattle‚ Baton Rouge‚ and Los Angeles. Although the other two accounting firms were
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| | | Recorded as operating transfers to the debt service fund | | | | Included as revenues of the debt service fund | | | | Both A and B are correct | | | | Points Received: | 1 of 1 | | Comments: | | | | 2. | Question : | If taxes and/or special assessments are levied by the General Fund and then are subsequently transferred to the debt service fund‚ they are: | | | Student Answer: | | Recorded as revenues of the debt service fund | | |
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daily sales are $20‚000. What is the level of its accounts receivable? Assume there are 365 days in a year. Formula for DSO = Receivables/ Ave sales per day = Receivables/( Annual sales/365) = 20 days x $20‚000= $400‚000 Solution: AR = $400‚000 3-2 Debt Ratio Vigo Vacations has an equity multiplier of 2.5. The company’s assets are financed with some combination of long-term debt and common equity. What is the company’s debt ratio? Formula for Debt ratio = Debt Ratio + Equity Ratio = 1 Equity
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E9-1 The following expenditures relating to plant assets were made by Spaulding Company during the first 2 months of 2011. 1. Paid $5‚000 of accrued taxes at time plant site was acquired. 2. Paid $200 insurance to cover possible accident loss on new factory machinery while the machinery was in transit. 3. Paid $850 sales taxes on new delivery truck. 4. Paid $17‚500 for parking lots and driveways on new plant site. 5. Paid $250 to have company name and advertising slogan painted on new
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Question 1 . 0 out of 4.4 points CEO’s of major companies often exhibit: Selected Answer: low openness to experience. . Question 2 . 4.4 out of 4.4 points Brennan Manufacturing monitors the number of customer returns for each product model to attempt to track when the organization is producing a large number of defective products. This is an example of: Selected Answer: feedback control. . Question 3 . 4.4 out of 4.4 points Which of the following is most likely to be used in
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ECO550 July 20‚ 2013 Forecasting 2 1. Use Excel or other calculation software to input the data to calculate an estimated regression. Then‚ from the calculation provided‚ interpret the coefficient of determination‚ indicating how it will influence your decision to open the pizza
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median‚ and the standard deviation. c. Select the variable that refers to the seating capacity of the stadium. Find the mean‚ median‚ and the standard deviation. Solution The calculations for this problem appear in the attached Excel file “QNT-561 Week #6 Problem Set.xls”. The values found were: a. For the Team Salaries: Mean 73063563.27 Median 66191416.50 Standard Deviation 34233970.30 b. For the Stadium Age: Mean 28.20 Median 17.50 Standard Deviation 25.94 c. For the
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2102FE Financial Accounting ASSIGNMENT 2: Semester 2‚ 2013 DUE DATES: ASSIGNMENT: 22nd Oct 2013 (5.00pm) Tuesday‚ WEIGHTING: 15% WORD LENGTH: Maximum 1500 words. This assignment requires students to: (i) Prepare an essay relating to the Presentation of Financial Statements‚ (ii) Apply the relevant Accounting Standards and Corporate Legislation to a practical situation‚ and (iii) Analyze and discuss specific problems to associate with changes in accounting policies‚ and changes
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people in this country live in poverty is ridiculous. Look at Bill Cosby. He’s a millionaire. And so are Denzel Washington and Oprah Winfrey.Answer | | | | | Selected Answer: | Composition | Correct Answer: Composition | | | | | Question 2 0 out of 5 points | | | The farmers of our state have asked that we introduce legislation to provide subsidies for soybeans. Unfortunately‚ we will have to turn down their request. If we give subsidies to the soybean farmers‚ then the corn and
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MEMORANDUM Rebecca Garcia CMGT/410 September 16‚ 2013 Instructor: NANCY CARPENTER MEMORANDUM TO: Advanced Healthcare for Women FROM: Rebecca Garcia DATE: September 16‚ 2013 SUBJECT: EMR Transfer ESTABLISHING AN OFFSIRE 2-DAY TRAINING SESSION OBJECTIVES: The reason for this 2 day training session is to help staff and new employees on how to use the new technology update flow smoothly. Every employee will have the one on one time to train with highly trained professionals and learn how to use this
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