Discuss whether Bev is behaving in a professional manner

Assignment Help Accounting Basics
Reference no: EM132694503

Problem - Bev Wynn, vice president of operations for Dillon County Bank, has instructed the bank's computer programmer to use a 365-day year to compute interest on depository accounts (liabilities). Bev also instructed the programmer to use a 360-day year to compute interest on loans (assets). Discuss whether Bev is behaving in a professional manner.

Reference no: EM132694503

Questions Cloud

What is the operating cash flow : A project has revenues of $61,000, expenses of $41,000, and depreciation of $19,000. The corporate tax rate is 25%. What is the operating cash flow?
How globalization and technology changes have impacted : Apply the industrial organization model and the resource-based model to determine how your corporation could earn above-average returns.
Experiences made you more effective teacher : How your most rewarding experiences made you a more effective teacher.
Attract the right talent to organization : Evaluate why you think these benefits would attract the right talent to the organization.
Discuss whether Bev is behaving in a professional manner : Bev also instructed the programmer to use a 360-day year to compute interest on loans (assets). Discuss whether Bev is behaving in a professional manner
Compute the forward earnings multiple : The dividend payout ratio for the aggregate market is 65 percent, the required rate of return is 13 percent, and the expected growth rate for dividends is 8 per
Continue to grow and learn throughout career : Effective teachers continue to grow and learn throughout their career. How do you plan to continue growing in your practice and utilize district, academic,
Calculate the variances for x and y : Use the following returns for X and Y. Calculate the variances for X and Y.
Write a c function to configure pd4 pin : Write a C function to configure PD4 pin to interrupt the CPU on the falling edge and also enable the interrupt. Fill in the appropriate statements

Reviews

Write a Review

Accounting Basics Questions & Answers

  How to allocate partnership income or loss

Complete the tables one for the first 3 years, by showing how to allocate partnership income or loss to the partners

  Analyze effects of global disaster on financial statements

Analyze the effects of the global disaster on the financial statements of your chosen company using the financial information from your company

  Explain the relationship between cost allocation and

explain the relationship between cost allocation and customer profitability. why is determining customer profitability

  Two employees cash collection clerks are responsible for

locker rental corp.operates locker rental services at several locations throughout the city including the airport bus

  Briefly explains the types of compensation

MAA310 - Accounting and Society - Briefly explains the types of compensation included in remuneration packages of Chief Executive Officers and provides examples from the latest remuneration report for your allocated* Australian publicly listed com..

  Discuss what are some alternatives that ann and bob

What are some alternatives that Ann and Bob could consider in order to reduce their taxable estate, assuming that the estate tax law

  Gaap financial statement purpose

Rubarb farms depreciates its assets at a faster rate for tax purposes than to GAAP financial statement purposes, and invest heavily in municipal bonds. in its first year of operation, the year ended Dec 31, year 1.

  What are the defining characteristics of a web 2.0 site

What are the defining characteristics of a Web 2.0 site?

  Ran floor and rugs sells handmade oriental rugs for 825

ran floor and rugs sells handmade oriental rugs for 825 each and machine-made rugs for 265 each. customers buy two

  How much is Jana adjusted basis for her LLC interest

How much is Sweeney's gain on the sale, and what is its character? How much is Jana's adjusted basis for her LLC interest

  What do you understand by the terms governance

What do you understand by the terms Governance, Risk, Risk Appetite and Risk Management? Elaborate

  Compute taxable income and income taxes payable

Tax-exempt municipal bonds yielded interest of $150,000 in 2013. Compute taxable income and income taxes payable for 2013

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd