This file of ECO 205 Week 5 Discussion Questions consists of: DQ 1: Post your response to the following: Since the September 11th attack there has been an increase in the demand for security personnel Deadline: ( )‚ Business - Accounting Week1 D1: As you have learned in this week’s readings the Accounting Equation is + Owners’ Equity. Is the accounting equation true in all instances? Provide sample transactions from your own experiences to demonstrate the validity of the Accounting Equation
Premium Bookkeeping Depreciation FIFO and LIFO accounting
Associate Level Material Appendix B Debits and Credits Consider the information presented in PhxKlips™ Debits and Credits. Pay particular attention to the meaning of debits and credits and their effects on accounts. Then follow the instructions below. 1. Write a response to the following questions: In what two ways is the word debit defined in Debits and Credits? ------------------------------------------------- ------------------------------------------------- Debits are defined
Premium Double-entry bookkeeping system Generally Accepted Accounting Principles Balance sheet
1. מלאו את הטבלאות ב Exhibit 4 & 5 לצורך חישוב התוצאה הצפוייה לכל תרחיש שוק מטרה במונחי הכנסות מפרסום והכנסה נטו. אנא צרו את הטבלאות בעצמכם‚ יש להגיש את הטבלאות המודפסות‚ ובנוסף .HBS Ad Revenue Calculator | | | | | | Current | 2007 Base | Scenario 1 | Scenario 2 | Scenario 3 | TV HH | 110‚000‚000 | 110‚000‚000 | 110‚000‚000 | 110‚000‚000 | 110‚000‚000 | Average Rating | 1.00% | 1.00% | 1.20% | 0.80% | 1.20% | Average Viewers (thousand) | 1‚100 | 1‚100 | 1‚320 | 880 | 1
Premium Income statement Revenue Income
Craddock Cup case study Question Number 1 In determining whether to keep or drop the Craddock Cup‚ the overhead expense allocations of City field rental‚ CYSL salaries and CYSL rent should be revised. In determining whether to keep or drop the Craddock Cup‚ the allocation of City filed rental fee of $1200 from CYSL to the Craddock Cup should be eliminated. CYSL rented 10 soccer fields from the city for 40 weeks a year for a total fee of $48000. However‚ even if the Craddock Cup was dropped
Premium Income statement Renting Income
ACC202 (1) Is this a static or flexible budget? The sample budget for a charter school in this case assignment is a flexible budget. This is because this budget provides results for more than one activity or in this case level. (2) What is total revenue (excluding grants) per student? The total revenue for each student minus grants is $6‚063 for all three levels (66‚ 100 and 120). (3) What are total expenses per student? The total expenses for each student in the
Premium Income statement Double-entry bookkeeping system Education
report the business record expenses and revenue for that period of time. This step shows the net income which should be a positive amount to increase the total income of the business. The nest steps are the final steps. After reviewing the closing entries which are permanent balance sheet accounts they then get transfer to the post trial balance which again is zero out if not there are mistake within the process which will need further reviewing. This cycle is a great tool but it “doesn’t prove that
Premium Revenue General ledger Double-entry bookkeeping system
development agreement‚ this case study described that SolvGen uses its best efforts to further develop proprietary instrument systems that have been under development for nearly 18 months and are expected to be expected to be ready for commercial launch in the near future. In case of license and distribution agreement‚ Careway will pay SolvGen for each proprietary instrument system as it is purchased by Careway. $ 1 million of the exclusive negotiation payment paid in December 1‚ 2009 is recognized
Premium Bookkeeping Double-entry bookkeeping system Contract
CareSafe’s Financial Future Currently‚ CareSafe Foster Systems have a good solid budget with a surplus/deficit of $66‚800. The problem foreseen is with the group therapy counseling part of the program. The total variable expenses of $488‚000 and the revenue amount of $500‚ 000 leaving Caresafe Foster Systems with a contribution amount of only $12‚000. This could become a problem if the expenses increase for some unforeseen reason and the cost per visit remains the same‚ which would cause the
Premium Income statement Variable cost Double-entry bookkeeping system
ACCT1501 2012 Sem1 Tutorial Question Solution Week 5 DQ4. 14 The main reason for not including human capital on the balance sheet is the measurement problem. If we take the consulting firm‚ the problem is putting a dollar figure on each staff member. Would it be based on years of past service‚ years to retirement‚ ability to generate future revenues etc. There is also an issue of control‚ as you will see in later chapters. Options for measurement include: i Present value of future profits generated
Premium Balance sheet Asset Depreciation
Which expenses in Exhibit 2 are variable with respect to revenue hours? Which expenses are fixed with respect to revenue hours? a. Variable Expenses – Wages for Hourly Personnel‚ Power b. Fixed Expenses – Wages for Salaried staff‚ Systems development and maintenance‚ Administration 2. For each expense that is variable with respect to revenue hours‚ calculate the cost per revenue hour. 3. Create a contribution margin income statement for Salem Data Services. Assume that
Premium Income statement Variable cost Revenue