SABIN ELECTRONICS THIS YEAR LAST YEAR 1. A.) Current Assets $ 1‚520‚000 $ 1‚090‚000 Current Liabilities $ 800‚000 $ 430‚000 Working Capital $ 720‚000 $ 660‚000 B.) Current Assets $ 1‚520‚000 $ 1‚090‚000 Current Liabilities $ 800‚000 $ 430‚000 Current Ratio 1.90 to 1 2.53 to 1 (c.assets / c.liabilities) C.) Quick Assets * Cash + Marketable Securities + Accts. Recievable $ 550‚000
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The Ancient Chinese culture was a very successful culture that created many inventions and contributed to the advancement of not only the Chinese civilization but also to the civilization of the world. In the history of the world there has been many important inventions‚ Ancient Chinese were great inventors. This essay will point out some of the great inventions that Chinese culture introduced to the world. The impact that these inventions have made in our day to day lives and how without these
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Galilee College Managerial Accounting Final Exam Overview for Saturday June 8th Instructions A. Complete the budgeting questions and any one of the others. 1. Service Cost Allocations CLASS: Teck Tecky Water Services provides water for Departments A‚B and C and has prepared its total budget using the following information for the next year:- Fixed Costs $300‚000 Budgeted Gallon Usage:- Variable Costs $0.10 per gallon Dept. A 2‚500‚000 gallons Available capacity 10‚000
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X 3. Wages of workers who assemble a product X X 4. Electricity to run production equipment X X 5. Janitorial salaries X X 6. Clay used to make bricks X X 7. Rent on a factory building X X 8. Wood used to make skis X X 9. Screws used to make furniture* X X 10. A supervisor’s salary X X 11. Cloth used to make shirts X X 12. Depreciation of cafeteria equipment X X 13. Glue used to make
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appropriate topic for research‚ I found an interesting publication‚ which fitted best to the subject (ethics in managerial accounting issues) and also included 5 good examples examples of possible problems associated with the field. The method of the study seemed unclear‚ especially considering the connection between the serial number of a dollar bill and the question to which the respondent had to answer in the end (in my work I will constantly refer back to the text‚ and in the end there will be a link to
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135 CHAPTER 8 MULTIPLE CHOICE ANSWERS AND SOLUTIONS 8-1: a Trade accounts payable (P52‚000 + P62‚700) P114‚700 12% preferred stock (5‚000 x P1) P 5‚000 Paid in capital in excess of par (5‚000 x P9) 45‚000 Cash (P62‚700 x P0.80) _50‚160 _100‚160 Gain from discharge of indebtedness P 14‚540 8-2: c 8-3: c 8-4: b Carrying value of the note payable: Principal P600‚000 Interest
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Chapter 2 1. Which of the following would be considered a product cost for external financial reporting purposes? a. Cost of a warehouse used to store finished goods. b. Cost of guided public tours through the company’s facilities. c. Cost of travel necessary to sell the manufactured product. d. Cost of sand spread on the factory floor to absorb oil from manufacturing machines. 1. Which of the following would be considered a product cost for external financial reporting purposes
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------------------------------------------------- Subject: Managerial Accounting Case 1 Seligram In the Seligram case‚ the existing cost accounting system measured two components of cost: direct labor and burden. All burden cost‚ which is the overhead‚ was grouped into a single cost pool and was calculated only by using a burden rate per direct labor dollar. This may cause problems since direct labor and overhead are not consumed by the products in the same proportion. Simply using the same burden
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EF5052 INVESTMENTS CASE 3 Arundel Partners: The Sequel Project GROUP 8 : Ngai Chiu Wing Edward / 51042814 Ng Cheuk Yiu Hugo / 50649257 Lau Chau Nan‚ Evelyn / 9700 4330 Kuo‚ Constantino / 5106 4265 Pang Hhong Yu‚ Francesca / 50191000 Ng Ka to‚ Irin / 9747 5858 Suen Hung Kit‚ Philip / 5114 4321 Kuok‚ Kenneth / 5101 2428 Estimate the per-film value of a portfolio of sequel rights such as Arundel proposes to buy. You will try two different methods to solve this problem: some appropriate
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Windows Security Model: NextGard Technologies American Military University Introduction The purpose of this paper is to outline policies‚ standards‚ and procedures to improved NextGard’s Technologies organizational network. By implementing a successful security strategy we will give recommendations and guidance in areas of Access Control‚ Cryptography Methods‚ Malicious Virus Countermeasure‚ Monitoring and Analysis‚ Proxy Server and Internet Access Control to NextGard Technologies. All
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