Record the primary sic code and industry title

Assignment Help Accounting Basics
Reference no: EM132648277

The purpose of the third part of the comprehensive project is to use resources available to obtain industry averages for commonly used ratios. Additionally, you will compare company ratio results to industry averages.

Question 1: Obtain the four-digit primary SIC (Standard Industrial Classification) Code and industry title for your company. Record the primary SIC code and industry title at the top of the Ratio Analysis Worksheet.

Reference no: EM132648277

Questions Cloud

How to obtain industry averages for commonly used ratios : How to Obtain industry averages for commonly used ratios in the current period. Industry average information is reported by industry title or SIC code.
What are the potential consequences if do comply : What are the potential consequences if you do comply with your supervisor's instructions? Who will be negatively impacted? Explain in detail
How much is Franco adjusted basis in the LLC interest : How much is Franco's adjusted basis in the LLC interest after the distribution, and what is the amount of his basis in the equipment received
Conduct research on the topic of erp systems : For this assignment, conduct research on the topic of ERP systems.
Record the primary sic code and industry title : Record the primary SIC code and industry title at the top of the Ratio Analysis Worksheet. The purpose of the third part of the comprehensive project
Simulating effects of hepatitis b interventions : Explain one advantage and disadvantage of simulating effects of hepatitis B interventions.
Determine income before income tax : Determine Income from operations HK$ 116000. Income before income tax HK$ 5800. Net income HK$. Selling and administrative expenses 11,600
Find organisation in a business environment : Why is it important for leadership to analyse the challenges faced by an organisation in a business environment?
How might paradigm shift from competition to collaboration : How might the paradigm shift from competition to collaboration make the job of a leader more difficult? Could it also make a leaders job easier?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Sales and disposal of assets

After reviewing the scenario, explain the impact that the adjusted basis has on the calculation of tax liability, and propose at least two (2) tax-planning strategies for reducing, eliminating, or deferring the payment of capital gains taxes.

  Compute the anticipated break-even sales

Ringo Company expects fixed costs of $178,500 and a unit variable cost of $41.50. Compute the anticipated break-even sales (in units) for the coming year

  Determine the amount of retained earnings

Determine the amount of retained earnings as of 12-31-2013 - create an accounting equation and record the beginning account balances under the appropriate elements.

  Compute the cost formula for moving materials

Compute the cost formula for moving materials by using the high-low method. Calculate the predicted cost for a month with 550 moves by using the high-low.

  Understanding of industry security practices

The following assessment gives you the opportunity to demonstrate your knowledge of participants in the financial services industry, understanding of industry security practices, the role of one of the financial regulators and the legislation unde..

  Discuss how much did culver pay for the bonds

Culver purchased the bonds to yield 11%. How much did Culver pay for the bonds

  Prepare financing sections of the statement of cash flows

The comparative balance sheets for Pumpkin Pie Corporation show the information. Prepare the investing and financing sections of the statement of cash flows.

  What was shareholders equity as of december

Black Enterprises reported the following ($ in 000s) as of December 31, 2011. What ($ in 000s) was shareholders' equity as of December 31, 2012

  Why you feel gasb accounting treatment is better or worse

Please select one interesting GASB accounting standard that is different than normal accrual accounting used for private enterprises and discuss why you feel the GASB accounting treatment is better or worse for the readers of the financial stateme..

  Calculate the cash payments for operating expenses

During the year prepaid expenses decreased $7920 and accrued expenses payable increased $5280. Calculate the cash payments for operating expenses

  Sanfords tax depreciation exceeded its book depreciation

Sanford's tax depreciation exceeded its book depreciation by $40,000. Sanford's tax rate for 2012 and years thereafter is 30%

  Determine dave dielz contributes to an oil and gas

Determine Dave Dielz contributes to oil and gas exploration venture that's being promoted by the Mesa Petroleum Umited Partnership. Dietz's liability is limited

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