of Accounting Instructor: Mark Stricklett November 10‚ 2014 Wal-Mart Financial Analysis Report In accounting there is much to be learned‚ about the financial aspects of a business. In the past five weeks I have learned the importance of financial reports and how they relate to the success of an establishment. These reports may include balance sheets and income statements‚ which help accountants and the public grasp the overall financial condition of
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1. Based on historical data‚ you have estimated the following probability distributions for the returns on two individual securities (SMALL and BIG) and the value-weighted market portfolio: State probability Small Big Market Expansion 0.30 25% 8% 12% Normal 0.5 15% 6% 10% Recession 0.20 0% 2% 3% a) Calculate the expected return and standard deviation of return for Small‚ Big and the market portfolio b) Calculate the covariance between Small and Big; between Small
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Week 5 Reflections Robert Blackwell‚ Antonio Moorer‚ Valarie Oudkerk‚ Brittany Rowe‚ and Michael Smith QNT 561 May 13‚ 13 Gerald Heidt Learning Team Reflection This week‚ we were introduced to the null and alternative hypothesizes. In doing this we were given examples of how to compare two populations by using confidence intervals in order to test the hypothesis. Team A was also introduced to how we can apply these methods to problems more applicable to our professional careers‚ when two
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in cash the realizable value when uncollected estimates are accounted for in the adjusting entry. A write off for the uncollectible accounts will reduce both the accounts receivable and allowance for doubtful accounts to make them even. Exercise E8-5 a) Determine the total estimated uncollectible. |Age of Accounts |Amount |Estimated Percentage |Estimated | | | |Uncollectable |Uncollectable | |Current
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U1-40 (30 min) Benefit-cost analysis—add a project a. and b. | Income Statement | New contract changes | Dollar impact of new contract | Income with new contract | Sales revenue | $ 1‚500‚000 | $ 200‚000 | $ 200‚000 | $ 1‚700‚000 | Costs | | | | | Labor | 700‚000 | 175‚000 | 175‚000 | 875‚000 | Equipment lease | 104‚000 | 12% | 12‚480 | 116‚480 | Rent | 120‚000 |
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Guillermo Furniture Store Analysis University of Phoenix ACC 561 July 2011 Guillermo Furniture Store Analysis This document presents the major components of a budget that includes the risks associated with sales forecasts‚ and an analysis of ethical considerations in the preparation and subsequent use of the budget. Consideration is given for the requirements of the organizations code of ethics in the use of any performance tools. Major Budget Components A master budget
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doctors office (1) G. Utilities for the corporate offices of a toy manufacturer (2) H. Line supervisors salary for a clothing manufacturing firm (2) I. Training seminar for sales staff of a service firm (N/A) J. Fuel used in a trucking firm (1) K. Paper used at a printing business (1) L. Oil for machinery at a plastics manufacturing firm (1) M. Food used at a restaurant (1) N. Windshields used for a car manufacturer
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This work ACC 407 Week 3 Assignment comprises: Consolidation Problems Business - Accounting Consolidation Problems. Complete P5-38 As part of your homework submission‚ be sure to show your work not just the final answer. Partial credit is awarded for your effort as well as accuracy. Showing your work demonstrates your understanding of the concept even if the final answer is incorrect. Make sure you schedule dedicated study time every day. Even though you may find other things
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ACC 403 week 6 quiz Question 1 2 out of 2 points When dealing with audit risk: Answer Selected Answer: auditors accept some level of risk in performing the audit function. Correct Answer: auditors accept some level of risk in performing the audit function. Question 2 2 out of 2 points ________ misstatements are those where the auditor can determine the amount of the misstatement in the account. Answer Selected Answer: Known Correct Answer: Known Question 3 2 out
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P9-7A The intangible assets section of Redeker Company at December 31‚ 2011‚ is presented below. Patent ($70‚000 cost less $7‚000 amortization) $63‚000 Franchise ($48‚000 cost less $19‚200 amortization) 28‚800 * Total $91‚800 * The patent was acquired in January 2011 and has a useful life of 10 years. The franchise was acquired in January 2008 and also has a useful life of 10 years. The following cash transactions may have affected intangible assets during 2012. Jan. 2 Paid $45‚000
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