ACCY111 TUTORIAL 1 Solutions John Wiley & Sons Australia‚ Ltd 2012 Page 1 of 19 CHAPTER 1 DECISION MAKING AND THE ROLE OF THE ACCOUNTANT Exercise 1.1 Information for decisions ASHLEY BUTLER Ashley Butler‚ as the accounts supervisor‚ should obtain information about the account applicant to ascertain whether or not the person will be able to pay their account. In deciding to open an account‚ the following would be required: Information requested 1. Customer’s business name‚ address and contact
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University of Phoenix Material – Sonya Cargill 11/12/12 Week Five Calculations Read the following scenarios‚ and answer the accompanying questions. 1. Statistics students were asked to fill a one-cup measure with raisin bran‚ then tap the cup lightly on the counter three times to settle the contents. If necessary‚ they were instructed to add more raisin bran to bring the contents exactly to the one-cup line‚ then spread the contents on a large plate‚ and count the raisins. The 13 students
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base product‚ in both SMS and SME has energy of about 640 Kcal/kg. Every one percent addition of Aluminium to a base SMS product increases energy by roughly 40 Kcal/Kg. Thus a SMS product with say 5 percent Aluminium shall have energy of approximately 840 Kcal/kg. In case of Emulsions Explosive‚ energy increase is normally achieved by addition of AN in prill form. Every one percent addition of AN prill to the base SME product increases energy by roughly 5 Kcal/kg. Thus a SME product with say maximum
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FV (1+i) ^ -n. Examples of both; you get $15‚000 now or $15‚000 in three years. If you take the $15k now and put it away to gain interest at .056 (5.6%) the equation would follow as FV = $15‚000 (1+.065)^1; interest accrued in first year would be $840 in the first year‚ bringing your FV=$15‚840 after the first year. Second year; FV = $15‚840 (1+.056) ^1; interest for second year is $887.04‚ bring your FV=$16‚727.04‚ etc.... If you decided to take the money in three years‚ it would still be worth
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Software‚ Inc. Seven years ago‚ Jason Fernando‚ after 15 years as a public accountant with a major accounting firm‚ started Software Inc. in 2006. In the preceding two years he had developed a sophisticated cost-accounting software program that became Software’s initial product offering. As the firm grew‚ Jason intended to develop and expand the software product offerings which would relate to streamlining the accounting processes of medium- to large-sized manufacturing companies. Software Inc
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Joemar T. Agcaoili Home Address: #16 Antique St. Bago Bantay‚ Quezon City Contact Number: 09092772654 /09091468231 Email Address: engragcaoili@yahoo.com Personal Data: Sex: Male Age: 24 Citizenship: Filipino Date of Birth: January 03‚ 1989 Place of Birth: Vintar‚ Ilocos Norte Marital Status: Married Career Objective To be involved in skills and quality intensification that best applies the theories and principles of employment and to hone the
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Case 5-1 Income Smoothing a. Firstly‚ investors tend to invest in companies with stable earnings rather than one with volatile earnings. With stable earnings‚ there will be more likely an issuance of dividends and investors could easily predict the company’s future earnings compared to one with unstable earnings. With consistent earnings generated‚ it gives investors a secured feeling that it will again generate earnings as predicted. Confidence in the growth of rate of earnings is crucial because
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lender. (70% probability with $1.0 million ECF) These events show that the carrying amount of the asset group may not be recoverable; thus‚ Smooth Sailing will need to test the asset group for recoverability and potential impairment in accordance with ASC 360-10 at the end of the current fiscal year. As of 31 December 2010‚ the cruise ship’s estimated fair value is $3.0 million‚ the net book value is $4.6 million‚ and the estimated remaining useful life is five years. We also assume that no matter
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Unit 301 & 305 Communication/Develop Professional Relationships with Children‚ Young People & Adults Please write out each question in full including the reference numbers. Question 1 Consider how the following contexts may affect relationships and the way people communicate: (301 1.3) Social - When in a social environment you are more than likely around people who know your personality and how you communicate‚ perhaps jokes‚ dramatic notions‚ being loud or quietly thoughtful may be ways in
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Project #3: Explanatory Synthesis Paper Comic from: http://www.lapsura.com/drawings/archives/images/do-my-essay.gif REVIEW Chapter 4 WRAC (See Notes on Explanatory Summary below) For the academic explanatory synthesis paper you will read a minimum of three sources on the topic you choose. You can choose from three topics: ➢ Fairy Tales: A Closer Look at Cinderella: (Select three articles in textbook) See Syllabus/Calendar ➢ E-Mail Etiquette: (Select
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