BUSN 5200 Homework Assignment for Week 4: For Week 4‚ please complete the following for Joe’s Fly-By-Night Oil Company‚ whose financial statements are shown below: • Prepare a ratio analysis for the fiscal year ended Dec 31‚ 2012. Organize your analysis per the following outline: (1) Liquidity - Current ratio: 25‚000/17‚000=1.47% Quick ratio: 25‚000-17‚000/17‚000=25‚000 Comments on liquidity- The results cant really determine how well or bad the company is doing
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Khalia Brewer Accct 555 Week 7 Homework 20-17 A.(2)- have a paymaster who has no other payroll responsibility distribute the payroll checks. B.(3)- Employees might be paid for hours they did not work. C.(3)- authorization of transactions from the custody of related assets. 20-20 TYPE OF TEST TRANSACTION-RELATED AUDIT OBJECTIVE(S) 1. Substantive test of transactions To determine if monthly payroll costs have been correctly allocated (accuracy). 2. Test of control To determine if recorded
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Introduction For this assignment‚ General Motors is the automobile company that will be reviewed and researched in detail. In the year 1908 William Durant‚ who was already known as a leader in this industry for horse drawn vehicles‚ founded General Motors. "At its inception GM held only the Buick Motor Company‚ but in a matter of years would acquire more than 20 companies including Oldsmobile‚ Cadillac‚ and Oakland‚ today known as Pontiac" (General Motors‚ 2012). In this paper GM ’s income statement
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Daniel Whalen 02/18/2013 Cost Accounting: Professor Joseph Homework Chapter 4 20 1) Indirect Cost Pools Machining Department Assembly Department Manufacturing Overhead Manufacturing Overhead Cost Allocation Base Machine Hours Direct Manufacturing Labor Costs Cost Object: Product Indirect Costs Direct Costs Direct Costs Direct Materials Direct Manufacturing Labor Budgeted Manufacturing Overhead Rate: Machining Department=$36 per hour
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The Switch to IFRS - Brazil Melanie Schmidt Keller Graduate School of Management ACCT 525 Mr. Hussain Kabani November 6‚ 2014 Brazil is one of the many companies that have switched to the IFRS accounting standards. Due to a significant turn-around in their economy over the last 16 years‚ the country decided to move from a domestic reporting system to a global financial reporting system. Since they had become economically stable and were regarded as a strong democratic country‚ they felt
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Assignment 2 Operations Decision ECO 555 Managerial Economics Strayer University August‚ 2014 Despite outstanding technological advancements in the industry‚ the quality of manufactured food products has become a major concern of the time when seen from the health and wellness perspective. In the 21st century higher income‚ urbanization‚ other demographic shifts‚ improved transportation‚ and consumer perceptions regarding quality and safety are changing the global food consumption patterns
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References: An Anti Bullying Blog. (2014‚ February 2). Retrieved from The Anti Bully Mom: http://www.theantibullymom.com/an-anti-bullying-blog/ Evaluating Internet Sources. (2012‚ September 21). Retrieved from Lydia M. Olson Library: http://library.nmu.edu/guides/userguides/webeval.htm Eyes on Bullying
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Sales would go from 11450 to 1100‚ which is about 3.9% reduction/loss C) Sales would decrease from 11450 to 9650 which is about a 30% reduction 9) Quarter 1 winter / 8.267 mill Quarter 2 spring / 12.456 mill Quarter 3 summer / 14.521 mill Quarter 4 fall / 10.987 mill Chapter 6: Problems 2‚ 7‚ 9‚ and 10 2.) One step that they could take is calculating how much the average dollar is worth compared to how much their product/services cost this will give them an estimate of how much they will
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QD = fðP‚ PS‚ PC‚ Y‚ A‚ AC‚ N‚ CP‚ PE‚ TA‚ T=S …Þ [2.1] where QD = quantity demanded of (e.g.‚ Toyota Prius or Chevy Volt) P = price of the good or service (the auto) PS = price of substitute goods or services (e.g.‚ the popular gasoline-powered Honda Accord or Chevy Malibu) PC = price of complementary goods or services (replacement batteries) Y = income of consumers A = advertising and promotion expenditures by Toyota‚ Honda‚ and General Motors (GM) AC = competitors’ advertising and promotion
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Business Law 101 9A 4/19/2012 Chapter 4 – p99 Question: 4.5 Does Whittens “work: satisfy the requirements for a claim grounded on negligence? Yes‚ the plaintiff alleging claims that Whitten’s work was “substandard‚ not to code‚ unsafe and not done in a [workmanlike] manner. Whitten failed to act with duty of care and breached his contract by doing bad work. The tort of negligence occurs when someone suffers injury because another’s failure to live up to a required duty of care. Negligence
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