Problem 2-9B NAME: Chandra Bruner Assets = Liabilities + Owner’s Equity (Items Owned) (Amts. Owed) (Owner’s Investment) (Earnings) Cash + Accounts Receivable + Office Supplies + Prepaid Insurance = Accounts Payable + D. Segal‚ Capital – D. Segal‚ Drawing + Revenues – Expenses Description (a) 15000 15000 (b) -1800 3800 2000 (c) -1000 1000 (d) 1700 1000 2700 service fees (e) -1800 -1800 (f) -750
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an amortized amount of $5.35 for 2003. (107/20 = 5.35) Cash $5.35 Capital Lease Receivable $5.35 H. The $323 would be part of “Owned Property and Equipment: Flight Equipment” on the asset side of the balance sheet. On the liability side of the balance sheet‚ $40 would be found
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DEVRY UNIVERSITY Comcast Corporation Financial Analysis of 2013 Annual Reports Intermediate ACCT II project 6/15/2014 Analysis by Page Table of Contents Introduction The Comcast Corporation is the largest cable and home internet provider in the United States. The company functions as a cable provider and ISP‚ including telephone services for residential and commercial customers throughout the US. This makes Comcast a central focus for both customer and competitor criticism
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Sources E) DEBIT Inventory of Supplies‚ CREDIT Expenditures Answer: 4) Which of the following is not a typical governmental fund liability (and thus not an expenditure that is recognized when the liability is incurred)? A) Accounts payable B) Debt service C) Salaries payable D) Vouchers payable E) All of the above are typical governmental fund liabilities. Answer: 5) Which of the following governmental fund expenditures would not be considered a current operating expenditure? A) Capital
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Objectives Goals: 1. To increase sales by 40% within 5 years 2. To increase ROI to 5% within 5 years 3. To increase market share by 10% within 5 years 4. To increase profit by 30% within 5 years SWOT ANALYSIS SWOT ANALYSIS Way of monitoring the external and internal environment Overall evaluation of strength‚ weakness‚ opportunities‚ and threats of KRAFT FOODS INC. Internal Environment Strengths 1. World’s second largest food company 2. Strong brand equity 3. Focus on
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long-term debt treatment. If no entry is required‚ state “No entry required” and explain why. (2) Indicate the effects of each transaction on the accounting equation of the Capital Projects Fund and on the General Capital Assets and General Long-Term Liabilities accounts. If an element is not affected‚ put “NE” in the appropriate box. B. (1) Prepare the journal entries required in a Capital Projects Fund to record these transactions‚ assuming the bond anticipation notes qualify for long-term debt treatment
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this is often simply referred to as which of the following? A. base case approach B. deseaonalized approach C. naïve approach D. pro forma approach 5. Forecasted sales drives all of the following except: A. the amount of assets needed. B. the liabilities needed. C. the external funds needed. D. earnings per share on the annual report. 6. Which of the following is defined as assuming that future sales will be equal to the average historical value across some relevant period? A. average approach
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ACC111- LESSON 2 There are many tools that a company can use to evaluate how well it is performing‚ one of those tools is the debt ratio calculation. The debt ratio shows the proportion of assets financed with debt‚ liabilities. It is calculated by the companies total liabilities divided by its total assets and is used as a percentage. Total assets and total debts can be found on the balance sheet. “It can be used to evaluate a business’s ability to pay its debt” (Nobles p. 89). The debt ratio
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The Body Shop International PLC 2001: An Introduction to Financial Modeling The following graph presents the forecast for the Body Shop’s income statement and balance sheet in 2002 to 2004: How did you derive your forecast? Why did you choose the “base case” assumptions that you did? The forecast takes into considerations the stated business objectives of the Body Shop as well as trends or patterns in the historical financial statement in exhibit 8. Further information on the calculations and
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A SAMPLE BUSINESS PLAN | A well-written business plan is a crucial ingredient in preparing for business success. Without a sound business plan‚ a firm merely drifts along without any real direction. Yet‚ entrepreneurs‚ who tend to be people of action‚ too often jump right into a business venture without taking time to prepare a written plan outlining the essence of the business.You should begin by writing down the answer to the very basic question‚ "What business am I in?" This may sound elementary
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