FIN 534- Homework Set #1 1. $502‚640 + 120‚000-169‚056=$453‚584- 17050= $436‚534 2. If Congress change the tax laws Berndt’s‚ the reported profit would decrease and the net cash flow would most likely remain the same. 3. Current Ratios (Current Assets / Current Liabilities): $2‚680‚112 / $1‚039‚800 = $2.577 /Ratio= 2:6:1 Quick Ratios (Cash + Marketable Securities +Accounts Receivable)/ Current Liabilities: $14‚000 + $71‚632 + $878‚000/$1‚039‚800= $0.926/ Ratio= 0:9:1 The company’s liquidity
Premium Generally Accepted Accounting Principles Financial ratio Balance sheet
. (TCO 2) Bubba’s Crawfish Processing Company uses a traditional overhead allocation based on direct labor hours. For the current year overhead is estimated at $2‚250‚000 and direct labor hours are budgeted at 415‚000 hours. Actual overhead was $2‚200‚000 and actual direct labor hours worked were 422‚000. (a) Calculate the predetermined overhead rate. Rate‚ based on budgeted factory overhead cost and budgeted activity‚ that is established before a period begins. 2‚250‚000/415‚000 Budgeted
Premium Costs Variable cost Cost
Moreover‚ multiple functions will disappear after using new technology such as eliminating multiple data entry‚ using paperless tools to transfer and validate data etc. This represents a huge risk to workers and they try to escape from this change. 2. Worker might commit number of frauds or defalcations due to weakness or gap in the manual process‚ and the technology will expose these activities. 3. People used to tradition ways to do their works. They prefer face to face meeting instead of conference
Premium Management Strategic management Marketing
Required: 1) Prepare the journal entries to record the income tax expense‚ deferred income taxes‚ and the income taxes payable for 2012‚ 2013‚ and 2014. No deferred income taxes existed at the beginning of 2012. 2) Explain how the deferred taxes will appear on the balance sheet at the end of each year. (Assume Installment Accounts Receivable is classified as a current asset.) 3) Show the income tax expense section of the income statement for each year‚ beginning
Premium Balance sheet Generally Accepted Accounting Principles Tax
error or weakness in the security system B.A negative effect or influence on an information system C.The probability of loss of a valued resource D.An external situation or event with the potential to cause harm to an IT system Question 2 of 20 In which of the IT domains is a hub considered a major component of risk? A.LAN-WAN Domain B.User Domain C.Workstation Domain D.LAN Domain Question 3 of 20 How does risk management impact an organization? A.Affects the survivability
Premium Risk management Security Management
It is noted in this week’s lesson that the success of a project comes from the contribution of many different people or stakeholders. As it is indicated in our text “working successfully in these new project-oriented organizations requires that project managers and project team members recognize the different people who define and influence the work environment‚ understand their unique roles‚ and know how to work with these people to create the greatest chances for successfully completing projects”
Premium Project management
xxxxxx xxxxx Lab 2: Application of the Top Down Network Design Methodology Lab Report 1. What are the business goals? (10 points) Provide controlled wireless access for the students in each classroom. Provide open wireless access for the students and the local population in the areas outside of each building. Provide a high-speed wired network connection to each faculty office. 2. What are the business constraints? (10 points) The budget is a concern they have improvements
Premium Computer network Ethernet
Definitions for Vulnerabilities) a. Fire destroys primary data center b. User downloads an unknown e-mail attachment c. Hacker penetrates your IT infrastructure and gains access to your internal network d. Workstation OS has known software vulnerability 2.) For the above identified threats and vulnerabilities‚ which of the following COBIT P09 Risk Management control objectives are affected? PO9.1 IT Risk Management Framework PO9.2 Establishment of Risk Context Workstation OS has known software vulnerability
Premium Risk Risk management Management
Internal Controls Your Name XACC/280 Date Instructor Name Internal Controls Internal controls are an essential asset to any company that wishes to maintain their company’s security and accuracy. These controls help to protect the assets belonging to a company from unforeseen events such as employee theft‚ robbery‚ or any sort of unauthorized use (Weygandt‚ Kimmel‚ & Kieso‚ 2008). They also create the opportunity for accounting records to be more accurate and reliable by limiting the possibility
Premium Public Company Accounting Oversight Board Internal control Sarbanes–Oxley Act
Nursing theories and their importance in nursing Jennifer J. Wilson Chamberlain College of Nursing NR 501: Theoretical Basis for Advanced Nursing Instructor Berens 1/12/15 Nursing Theory is often defined as‚” an organized framework of concepts and purposes designed to guide the practice of nursing” (Medical Dictionary for the Health Professions and Nursing‚ 2012). Nursing theories can help patients‚ managers and other healthcare professionals to recognize what and how much that nurses do
Premium Nursing