Case 15-1 1) The result for requirement 1 through 3 will vary depending on the date of the financial statement. The analysis will be the same even though the date is different. Lease Obligations shows that the present value of net lease payments for capital lease obligations was $626‚000‚000. 2) The capital lease liability would increase by about 24 if the operating leases were capitalized. Note 6 shows that the future lease payments are about 12 times higher than capital lease. The lease payments
Premium Finance lease Leasing Lease
A Acct 505 Case Study 1 Springfield express is a luxury passenger carrier in Texas. All seats are first class‚ and the following data are available: |Number of seats per passenger train car | |90 | |Average load factory (percentage of seats filled) |70% | |Average full passenger fare | | |$160 | |Average variable cost per passenger
Premium Variable cost Costs Fixed cost
1. Dorra Corporation manufactures lawnmowers in five work stations. Dorra’s weekly demand is 5‚000 mowers but Dorra can only produce 4‚200. According to the theory of constraints‚ to increase production output Dorra would benefit the most by concentrating improvement efforts on the: A. first work station. B. last work station. C. largest work station. D. slowest work station. 2. Managerial accounting is applicable to A. service entities. B. manufacturing entities. C. not-for-profit entities. D
Premium Costs Variable cost
How Does Shakespeare Use Language to Create Prospero’s character in Act 1 Scene 2? The Tempest is one of Shakespeare’s most famous plays. It was written in 1610 and it is also his last play. One of the main characters in the ‘Tempest’ is Prospero‚ an old wizard. The play opens with a mighty Tempest strikes the ship when Alonso the King of Naples‚ Ferdinand the prince of Naples‚ Sebastian Alonso’s brother and the current duke of Milan‚ Prospero’s brother Antonio along with Trinculo who
Premium The Tempest Moons of Uranus
Chapter 9: E9-6‚ E9-11‚ P9-1A‚ P9-5A E9-6 SY Telc has recently started the manufacture of RecRobo‚ a three-wheeled robot that can scan a home for fires and gas leaks and then transmit this information to a mobile phone. The cost structure to manufacture 20‚000 RecRobo’s is as follows. | Cost | Direct materials ($40 per robot) | $ 800‚000 | Direct labor ($30 per robot) | 600‚000 | Variable overhead ($6 per robot) | 120‚000 | Allocated fixed overhead ($25 per robot) | 500
Premium Cost Revenue Costs
Student View Student ID Class Cumulative GPA Residence Visa AH540792 as of 09/04/2012 at 23:49 Weppler‚ Brandie D01676675 Graduate 0.00 Domestic Level Campus Degree Program Concentration College Previous Degree Graduate Online Master of Acct and Finan Mgmt Acctg & Fin Mgmt MAFM_US Certified Public Accountant Keller Graduate School of Mgmt *Estimated Degree Progress* Requirements 9% The Degree Progress Bar is not a percentage of credits completed. The Degree Progress Bar is an indication
Premium University High school Education
Reserve’s Balance Sheet Assets Liabilities Securities + $1 billion Reserve acct. of securities dealers’ banks + $1 billion _____________________________________________________________________________________________
Premium Investment Bond Finance
consecutive years‚ dividend payments were distributed to shareholders • • • • ACCT 551 Financial Accounting & Reporting‚ Fall 2014 Group-2 2 INTRODUCTION cont. • More than 37‚000 employees worldwide • Approximately 7‚900 employees engaged in research and development • Clinical research conducted in more than 55 countries • Research and development facilities located in 9 countries • Manufacturing plants located in 13 countries ACCT 551 Financial Accounting & Reporting‚ Fall 2014 Group-2 3 INDUSTRY
Premium Balance sheet Cash flow Income statement
Chapter 4 accounting for merchandising BUSINESSES Problems P4–1 1. AQUA CO. Income Statement For the Year Ended June 30‚ 20Y8 Revenue from sales: Sales $ 3‚625‚000 Less: Sales returns and allowances $ 37‚800 Sales discounts 20‚200 58‚000 Net sales $ 3‚567‚000 Cost of merchandise sold 2‚175‚000 Gross profit $ 1‚392‚000 Operating expenses: Selling expenses: Sales salaries expense $ 388‚800 Advertising expense 45‚900 Depreciation expense—store equipment 8‚300
Premium Revenue Generally Accepted Accounting Principles Marketing
CURRICULUM ACCORDING TO CATALOGUE 2005 - 2006) NAME: ID #: Tel #: P.O.Box: E-mail: MAJOR REQUIREMENTS CR CORE BUSINESS COURSES ACCT 210 CONCENTRATION 3 BUSS 200 BUSS 211 ACCOUNTING CR 3 3 ACCT 215 ACCT 217 to ACCT 250 3 ACCT 217 to ACCT 250 3 2 ACCT 217 to ACCT 250 3 BUSS 230 3 ACCT 217 to ACCT 250 3 BUSS 239 0 0 Any business elective Total Crs 3 15 BUSS 240 BUSS 245 1 BIDS CR BUSS 248 0 INFO
Premium Business Education Management