During a period of inflation (increasing costs of goods), which inventory cost flow method would provide the highest ending inventory balance? How would this affect the net income of the company? Explain why it would, or would not, be ethical to select the cost flow method that reports the highest net income?
Porsche’s Analysis [CLOs: 2,6] Read the Porsche case provided in the course materials section and describe the company’s history, products, and major competitors in a paragraph or two. Assess the financial performance and condition of the organization. Then, conduct a SWOT analysis detailing the strengths, weaknesses, opportunities, and threats that may affect the organization. Finally, […]
THIS SHOULD BE NEWLY WRITTEN AND IN APA CITATION WITH A REFERENCE PAGE. NO MINIMUM PAGE REQUIREMENT, HOWEVER, BASED ON INFORMAITON BELOW IT SHOULD BE AT LEAST 2 PAGES OR MORE. Choose two accounting industry certifications to research. THE TWO I CHOSE ARE CERTIFIED MANAGEMENT ACCOUNTANT (CMA) AND THE OTHER IS CHARTERED FINANCIAL ANALYST (CFA). […]
Use the Internet to research the annual report of at least one (1) merchandising company. Determine which costing method (Last In First Out [LIFO], First In First Out [FIFO], or weighted average cost) that is used to record inventory by your selected company. Identify the three (3) primary advantages and three (3) primary disadvantages of […]
2017 Performance Report Year Ended December 31, 2017 Actual Flexible-Budget Flexible Sales-Volume Static Results Variances Budget Variances Budget Units sold 106,000 98,000 Revenues (sales) $ 683,700 $ 416,500 Variable costs 460,000 215,600 Contribution margin 223,700 200,900 Fixed costs 122,800 100,000 Operating income $ 100,900 $ 100,900 1. 2. 3.
Activity 1.1. How can workforce mobilisation be used to address shortages identified when reviewingdata on staff turnover? (50-75 words)2. The organisation you work for has asked you to analyse their existing workforce to determineareas where there are excesses or shortages or requirements for mobilisation. How wouldyou do this? Explain. (75-125 words)3. You have analysed the […]
Problems: Chapter 8-57 (Janice Morgan) South-Western’s Federal Taxation, Comprehensive Volume (2017). Prepare the Tax Return for 2016. Changes to Problem: Change all years to one year later (for example, 2015 becomes 2016). The following information should be helpful in your preparation of the tax return. (1) (a) Requirement: Prepare the federal income tax return on […]
At the end of the first month of operations for SloMo Delivery Service, the business had the following accounts: Accounts Receivable, $1,280; Prepaid Insurance, $580: Equipment, $37,000 and Cash, $41,050. On the same date, SloMo owed the following creditors: Simpson Supply Company, $12,800; Allen Office Equipment, $9,900. The total amount of liabilities is: Multiple Choice: […]
June 30 $500 in dividends were paid in cash. xx Required: 1. Prepare journal entries in good form for the transactions above. 2. Post the journal entries into T-accounts (make sure you have a total amount for each account). There should be no hardcoded numbers on the T-accounts, only formulas. 3. Make a trial balance in good form as […]
Capital markets and finance Author – John Perfrement, Melbourne Polytechnic, T1 2017 General instructions QUESTION 1 The company LT Ltd is considering the introduction of a new product. Generally, the company’s products have a life of about 5 years, after which they are deleted from the range of products that the company sells. The new […]
