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Financial Principles and Bottom Line impact [600 to 1200 ]:
Problem 1: Demonstrate meaningful understanding of accounting policies and accounting standards by critically reviewing academic and non-academic literature pertaining to its implications on the financial and macro-environment. Critically debate the use/ misuse of financial data in the practice of management accounting and financial accounting.
Are there any factors that could be erroneously influencing the results of the ratios? Discuss liquidity issues of competitive companies within the same industry.
Which is true of the U.S. government Agency securities? they do not carry the federal government's full faith and credit guarantee
Show the effects of the transactions on the accounts of the accounting equation by recording increases and decreases. Determine the final total for each account
All revenue and expense accounts have been closed at the end of the calendar year for Patton Company. The Income Summary account has total debits of $530,000 and total credits of $600,000. As of the same date, Retained Earnings has a balance of $115,..
State two contrasts between monetary bookkeeping and the executives bookkeeping? Notice two quantitative qualities of bookkeeping data?
Total income since incorporation P420,000. In its December 31, 2014 financial position, what amount should Milan report as Accumulated Profits
How would advocates of a ‘free market' approach justify the removal of legislation pertaining to insider trading?
If cost of equity is 12%, WACC of capital is 8%, and firm has 100 million shares outstanding in 2020, then firm's equity value per shares as of 2020 is?
Prepare the journal entries to record income taxes for all three years (expense, deferrals, and liabilities) assuming that the enacted tax rate applicable
Bill and Darlene plan to go into business together. They anticipate losses in the first two or three years, which they would like to use to offset income from other sources. They also are concerned about exposing their personal assets to business lia..
The stated rate of interest is 11% while the current market rate of interest is 13%. Using the effective interest method, explain how much interest income is recognized by the investor in 2011
Franklin Construction entered into a fixed-price contract to build a freeway-connecting ramp for $58 million. Construction costs incurred in the first year were $48 million and estimated remaining costs to complete at the end of the year were $29 mil..
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