increase. Including the dividends in the income calculation would confuse the enterprise’s relationships with customers and owners‚ and would make it less clear whether the enterprise was successful in increasing resources (making income). Problem 2.7 1 2 3 4 5 6 7 8 9 Assets Increase Increase Increase Decrease Increase Increase Liabilities Increase Assets increased and decreased
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LAW302/9302 Law of Business Organisations Gabriel Garcia Tutor – Room: 67. 238 – Email: ggarcia@uow.edu.au – Consultation times: Topic 1: Introduction to the Law of Business Organisations Seminar (Week 2) 2/27/2013 Using the Learning Resources in this subject Your weekly study program: 1. 2. Read the workbook‚ noting the learning objectives Do the prescribed reading‚ recording – – 3. 4. 5. your reflections on the learning activities and seminar questions‚ and your comments and queries
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Individual Assignment Week 2 Chapter 1 Exercise E 1-2‚ page 34. The following are users of financial statements: E_ Customers I Securities and Exchange Commission I _ Internal Revenue Service I Store Manager I Labor Unions E_ Suppliers I_ Marketing Manager _I_ Vice-president of finance I_ Production Supervisor (B) Instructions: Identify each of the following questions as being more likely asked by an internal user or an external user. _I_ Can we afford
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company uses a perpetual inventory system. During September‚ the following transactions occurred. Sept. 6 Purchased 80 calculators at $20 each from DeVito Co. for cash. 9 Paid freight of $80 on calculators purchased from DeVito Co. 10 Returned 2 calculators to DeVito Co. for $42 credit (including freight) because they did not meet specifications. 12 Sold 26 calculators costing $21 (including freight) for $31 each to Mega Book Store‚ terms n/30. 14 Granted credit of $31 to Mega Book Store
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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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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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Operations management Week 1 Chapter 1: Competing with Operations Page 27‚ question 2: Suds and Duds Laundry A. Week | Hours(input) | Shirts(output) | Ratio | 1 | 24 | 68 | 2.83 Shirts/hour | 2 | 46 | 130 | 2.83 Shirts/hour | 3 | 62 | 152 | 2.45 Shirts/hour | 4 | 51 | 125 | 2.45 Shirts/hour | 5 | 45 | 131 | 2.91 Shirts/hour | B. The output difference isn’t large between the input and output ratio. It seems as if producitivity may decline if there were more people working. If
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Week 2 Homework 4-8 |Under SEC rules‚ your close family members include your spouse (or equivalent) and dependents and your parents‚ nondependent | |children‚ and siblings. If you are a covered person‚ your independence is affected if your close family member has an accounting | |role or financial reporting oversight role with the SEC Audit Client (for example‚ the family member is a treasurer‚ CFO‚ | |accounting supervisor‚ or controller) or owns more than 5 percent of a client’s
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Case study week 2 1. If your international firm were doing business in Asia‚ is there anything that your company could do to ease the tensions these cultures are experiencing? Be specific. If my company started or planned on doing business in Asia it should be my job to try and fit in with the culture of Asia with respect‚ not saying that I have to change my whole life to suit them‚ but for instance if you speak a language it should be my job to learn and speak and adapt‚ not come to Asia speaking
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Sherry ISM 3113- Fall 2014 Week 2 SCR Associates Case Study. Tasks: Analyzing the Business Case 1. We need a corporate goal for SCR that refers to our new training activity. Prepare a draft to show Jesse. SCR’s training center will be the leader in the technical training market through a variety of courses and a top-notch training team while increasing SCR’s market visibility. SCR’s training team will excel in professional instruction‚ superior content and measurable results. 2. Jesse wants my opinion
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