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Question 1: If Earnings Per Share is $2.50, and there are 200,000 Common Shares outstanding, how much were earnings? Explain in detail with suitable example.
Bengal Accounting Service is a rapidly growing service. On average, the revenue is $4,000,000 and variable cost is $2,400,000. Fixed cost = $600,000. WHAT IS THE BREAKEVEN POINT REVENUE?
There are many ways that a company can manipulate inventory information reported on their balance sheet in order to make the business appear financially healthy. How to Spot Phantom Inventory?
journalizing the transactions involving stock issues and purchases.garner corporation is authorized to issue 1000000
Design appropriate data entry and processing controls to ensure the spreadsheet accuracy. Create a 12 month cash budget in Excel using the Initial sales of $5,000,000 with forecasted monthly growth of 1%.
1.What are four key accounting practices that often are referred to as principles in current GAAP?
On April 1, 2014 Rizzo Company purchased $80,000 of 4.5%, 20 year energizer company bonds at their face amount plus one month’s accrued interest. The bonds pay interest on March 1 and September 1.
Juniper had revenues of $460,000 in March. Fixed costs in March were $284,240 and profit was $28,560. What was the contribution margin percentage? What monthly sales volume (in dollars) would be needed to break-even?
Calculate 2014 values for Amazon and the 2015 values for Wal-Mart based on the information in the financial statements.
What is the average daily collection float? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
Appropriate to model operating ratios as a percent of sales due to economies of scale, nonlinearity and /or Lumpy assets acquisitions. Explain.
On 2009 August 31, Hutch Company sold a truck for USD 6,900 cash. The truck was acquired on 2006 January 1, at a cost of USD 17,400. Depreciation of USD 10,800 on the truck has been recorded through 2008 December 31, using the straight-line method, f..
At the end of the period there were 150 units left in ending inventory. Calculate the cost of Ending Inventory and Cost of Goods Sold for FIFO
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