ADMC Executive Master of Business Administration EMBA 600: Financial & Management Accounting Instructor Name: Dr. Alexandros Pananis Take-Home Exam Question 1 ) ACCESS SOLUTIONS INC Suppose you have been recently hired as a consultant to Access Solutions Inc (ASI) a consulting firm offering accounting and financial solutions for small and medium sized companies. ASI has asked you to prepare material for a seminar in accounting for nonaccountants to be delivered to selected members of the
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CHAPTER 2 The Recording Process ASSIGNMENT CLASSIFICATION TABLE Study Objectives 1. Explain what an account is and how it helps in the recording process. Define debits and credits and explain their use in recording business transactions. Identify the basic steps in the recording process. Explain what a journal is and how it helps in the recording process. Explain what a ledger is and how it helps in the recording process. Explain what posting is and how it helps in the recording process. Prepare
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occurred in Financial Accounting over the last 2 years. Introduction We are increasingly living in a global economy with trade and investment. It ’s no wonder capital markets have long advocated for globally recognized accounting standards. Until recently‚ that common accounting language has been a missing link. Now‚ policymakers‚ lawmakers and regulators are working alongside standard-setters to provide a single set of high-quality‚ global accounting principles. Changes in accounting principles
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Luenberger Investment Science Solutions Manual Rapidshare PDF Ebook Library LUENBERGER INVESTMENT SCIENCE SOLUTIONS MANUAL RAPIDSHARE Download: LUENBERGER INVESTMENT SCIENCE SOLUTIONS MANUAL RAPIDSHARE / PDF Luenberger Investment Science Solutions Manual Rapidshare as well as the lessons and also books are essentially 2 sides of the exact same coin. The classes and book assist you develop a solid structure on which to be analyzed on. Luenberger Investment Science Solutions Manual Rapidshare on the other
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MNGT-511 FINAL EXAM (Total points 100) Name: Rebecca Malandrino Chapter 7 1) Which of the following types of inventory usually is not held by a manufacturing business? (3P) C) Merchandise inventory 2) The following information was taken from the 2007 income statement of Cobra Company: Pretax income‚ $12‚000; Total operating expenses‚ $20‚000; Sales revenue‚ $120‚000. Compute cost of goods sold. (5P) A) $88‚000 (120‚000 – 20‚000 – 12‚000) 12‚000 (pre-tax income) + 20‚000 (operating
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1 f) This transaction has no effect on the balance sheet since this is only an order‚ no financial value. 1 g) 1 h) 1 i) 1 j) 2 a) a] b] c] d] e] f] g] h] j] k] l] 2 b) INCOME STATEMENT as of April‚ 30th
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Solutions Guide: Please reword the answers to essay type parts so as to guarantee that your answer is an original. Do not submit as is Case 1-4 Generally Accepted Accounting Principles At the completion of the Darby Department Store audit‚ the president asks about the meaning of the phrase “in conformity with generally accepted accounting principles‚” which appears in your audit report on the management’s financial statements. He observes that the meaning of the phrase must include more than
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Q1 Answer: The numbers in the Financial Statement were different under the two methods because under the non-GAAP accounting method apple gave the revenue numbers without the use of subscription accounting‚ which recognized the revenue at the point of sale. Moreover the non-GAAP numbers did not adjust the estimated costs associated with its plan to provide new features and software upgrades to iPhone buyers free of charge and these figures were not prepared under a comprehensive set of rules or principles
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Manual may mean: Instructions User guide Owner’s manual Instruction manual (gaming) Online help Manual (music) - a keyboard‚ as for an organ Manual (band) A bicycle technique similar to a wheelie‚ but without the use of pedal torque Freestyle skateboarding tricks (balancing on two wheels) Manual transmission Done by hand‚ or not using machinery or electronics to fulfil a function Disambiguation icon This disambiguation page lists articles associated with the same title. If an internal
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> Capex? Is CFO > Capex + Dividends? If CFO < Capex + Dividends‚ how did the company finance Capex + Dividends? Trend in Net Income Trend in CFO Trend in Capex Trend in major working capital accounts Overall assessment of the financial strength of the company CFO = Cash flow from operating activities; NI = Net Income; Capex = Capital expenditures‚ i.e. investments into long-lived assets Major working capital accounts: Accounts Receivable‚ Inventory‚ Accounts Payable Beta
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