Individual Case Analysis 1 Exercise 4a‚ Step 1: 1. Current Ratio: $3‚517‚600/$2‚537‚900= 139%‚ 1.39 2. Quick Ratio: $3‚406‚100/$2‚537‚900= 134%‚ 1.34 3. Debt-to-Total-Assets Ratio: $10‚217‚800/ $28‚461‚500=35.9%‚ .359 4. Debt-to-Equity Ratio: $10‚217‚800/$13‚382‚600= 76%‚ .764 5. Long-Term Debt-to-Equity Ratio: $10‚186‚000/$13‚382‚600=76%‚ .761 6. Times-Interest-Earned Ratio: $6‚442.90/$445= 1447%‚ 14.48 7. Inventory Turnover : $23‚552.40/$.11 8. Fixed Assets: $23
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Statistics for Managers using Microsoft Excel 6th Edition Module 4 Sampling & Confidence Interval Estimation Copyright ©2012 Pearson Education Chap 8-1 Chapter Outline Confidence Intervals for the Population Mean‚ μ when Population Standard Deviation σ is Known when Population Standard Deviation σ is Unknown Confidence Intervals for the Population Proportion‚ p Determining the Required Sample Size Copyright ©2012 Pearson Education Chap 8-2 Introduction Copyright ©2012 Pearson
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1st of February and today is 1st of March of the same year. You have just paid him his salary. What accounts will this transaction impact? Answer : Engineers cash account increases and company balance decreases . In terms of accounting head : (DR) Salary account (L) (CR) operating expense account ( Bank) (A) Bravo Corporation borrows Rs 1‚000‚000 on 1st Jan 2013 from a bank for corporate
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raised by the transformation from U.S. Generally Accepted Accounting Principles (US GAAP) to International Financial Reporting Standards (IFRS) in the timber industry. I will cover the following topics: different accounting treatment under U.S. GAAP and IFRS‚ the influence on investment decisions‚ Plum Creek’s reason for the opposition against transformation‚ and conclude with my preferred accounting treatment under different roles. ACCOUNTING TREATMENT The concern is mainly on recognition of the
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1. Arredondo‚ Inc. has current assets of $2‚170‚ net fixed assets of $9300‚ current liabilities of $1350‚ and long-term debt of $3980. Building a balance sheet for this company‚ address the following questions: a. What is the value of the shareholders’ equity account for this firm? b. How much is net working capital? Arredondo‚IncBalance Sheet | Assets Liabilities and Owener`s EquityCurrent assets $2‚170 Current
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Chapter 4 Cost-Volume-Profit Analysis QUESTIONS 1. A mixed cost is a cost that has a fixed cost component and a variable cost component. For example‚ the amount paid for telecommunication services would be a mixed cost if there was a fixed monthly fee plus a charge for use. 2. Discretionary fixed costs are those fixed costs that management can easily change in the short-run (e.g.‚ advertising). Committed fixed costs are those fixed costs that cannot be easily changed in the short-run
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Textbook case: Managerial Accounting for Managers‚ 2nd edition Noreen‚ Brewer and Garrison (McGraw-Hill/Irwin‚ 2008). Case 4-33 Cost Structure; Target profit and Break-Even Analysis Contribution Income Statement for all three scenarios: 15% commission 20% commission Own sales force Sales $16‚000‚000 $16‚000‚000 $16‚000‚000 Variable manuf. cost $7‚200‚000 $7‚200‚000 $7‚200‚000 Commissions $2‚400‚000 $3‚200‚000 $1‚200‚000 -Tot. variable cost ($9‚600‚000)
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B) Balances in temporary accounts to a permanent account. C) Inventory to cost of goods sold when merchandise is sold. D) Assets and liabilities when operations are discontinued. Answer: B _____ 4. Which of the following would not be used as an adjusting entry? A) Prepaid Rent Rent expense B) Cash Unearned revenue C) Interest expense Interest
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(and unrestricted) pledges of support were received totaling $95‚000. In light of a declining economy‚ 5 percent is expected to be uncollectible. The remainder is expected to be collected in 2012. 3. Supplies used for animal care amounted to $16‚700. 4. Payments made on accounts payable amounted to $18‚200. 5. Cash collected from pledges totaled $91‚000. 6. Salaries were paid in the amount of $47‚000. Included in this amount is the accrued wages payable at the end of 2011. (The portion of wages expense
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and as of June 30‚ in proper format (classified). 2. Make comments about how the financial conditions as of the end of June compare with that at the beginning of June. 3. Why do retained earnings not increase by the amount of the June Net Income? 4. As of June 30‚ do you feel that Maynard Company is worth the amount in Shareholders’ Equity‚ $619‚446? Explain. 1 Adapted from Maynard Company (A)‚ Robert Anthony‚ Harvard Business School Exhibit 1 Maynard Company (A) 2013 Account Balances
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