the Annual Report and Form 10K And The Balance sheet – Pepsi & Coke The following instructions apply to all problem sets and to all individual assignments. Respond to the following questions. In your responses refer to the page numbers or footnote numbers in Coca Cola’s 2012 Annual Review and 201210-K where the information used in located. Except where the question only asks for a presentation of calculations (such as the common sized balance sheet) your responses should be in sentences and
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Financial and Managerial Accounting M1-21 Applying the Accounting Equation and Computing Financing Proportions Use the accounting equation to compute the missing financial amounts (a)‚ (b)‚ (c). Which of these companies is more owner financed? Which of these companies is more non-owner financed? Discuss why the proportion of the owner financing might differ across these three businesses. ($ millions) Assets = Liabilities + Equity Hewlett Packard….$74‚708 = $36‚962 +
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or avoided by $300‚000 then the total cost per unit is calculated as Total cost per unit = $7‚020‚000 / 20‚000= $351 Therefore‚ the cost of manufacturing the three wheeled robo is $351 per unit. Here the Opportunity cost is $300‚000. If the company decides to manufacture they will lose and additional income of $300‚000. This lost income is an additional cost of continuing to make the robos in the make or buy decision. This opportunity cost is therefore added to the "Make" column for comparison
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2. Explain whether each of the following represents a population or a sample. a. Number of goals scored by all teams of champion’s league. b. Cars owned by 200 families in Dammam. c. Monthly salaries of all employees of a company. d. Yield of tomatoes per ha for 20 plots of land. e. Number of CD players sold last month by all electronic stores in Saudi Arabia. f. Amount spent on groceries by 300 shoppers in Raid. 3. Identify each of the following
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a dual purpose 1. The temporary accounts (revenues‚ expenses‚ gains and losses) are reduced to zero balances‚ ready to measure activity in the upcoming accounting period‚ and 2. These temporary accounts are closed (transferred) to retained earnings to reflect changes that have occurred during that accounting period. (Spiceland p. 79). There are three times during an accounting period when a company should perform a closing process‚ daily‚ monthly and yearly. This memo will discuss the month- end
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Hong Kong University of Science and Technology Department of Accounting ACCT 3610 Functions of law in Society and Business Spring 2012-2013 Course Duration: 1 Semester Medium of Instruction: English Textbooks 1) An Introduction to Hong Kong Business Law: Vanessa Stott (Fourth edition‚ Longman) 2) Introduction to Law in the Hong Kong SAR: Ian Dobinson and Derek Roebuck (Second Edition‚ Sweet Maxwell) Instructor Instructor Room Email Consultation
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“typical” firm reports $20 million of retained earnings on its balance sheet‚ could its directors declare a $20 million cash dividend without having any qualms about what they were doing? Explain your answer. Its directors could declare a $20 million cash dividend without having any qualms about what they were doing‚ because retained earnings may not held as cash. Retained earnings represent the cumulative total of all earnings kept by the company during its life. Therefore‚ $20 million would be an investment
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Balance Sheet and Income Statement Commentary Michael Turner BSA 500 – Business Systems I July 24‚ 2013 Simon Chen Balance Sheet and Income Statement Commentary Balance Sheets and Income Statements is an approach to review the overall financial status of the company. We will be reviewing four companies in different industries’ balance sheet and income statements. With a technique to combine the statements we will be able to evaluate the companies’ income‚ expense and stockholder’s equity in the
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Government-Furnished Property GFP What is Government-Furnished Property and Why do I care about it? Government-Furnished Property and You ▪ What is GFP? ▪ When do we provide GFP? ▪ Who is responsible for the GFP? ▪ The Government retains title to the GFP until it is properly disposed of as authorized by law and regulation. Government-Furnished Property Defined ▪ GFP is property in the possession of‚ or directly acquired by‚ the Government and subsequently furnished to the contractor for performance
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Accounting – ACC/280 Date Instructor Name Financial Statements Paper The purpose of accounting is to provide a means of reporting‚ recording‚ summarizing‚ and interpreting economic data within an organization. Accounting is used by everyone in one form or another. Everyone should have a basic understanding of accounting as it could be extremely beneficial to everyone. Within every company there should be an accounting department as this department is very important for the company. The accounting
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