Morganton Company makes one product and it provided the following information to help prepare the master budget for its first four months of operations: a.The budgeted selling price per unit is $65. Budgeted unit sales for June, July, August, and September are 8,400, 15,000, 17,000, and 18,000 units, respectively. All sales are on credit. b.Thirty percent of credit sales are collected in the month of […]
Q1) A recent study observed a random sample of 50 people who had lost their jobs, and recorded the number of weeks it took each person to find another job. The following variables were also recorded for each person in the sample. 1. Age (years) when job was terminated 2. Education (years of school + college/university) when job was terminated 3. Marital status (= 1 […]
Waiting periods. P3-23 (similar to)| c; Waiting periods. Fill in the number of periods for the following table using one of the three methods below: In (FV/ PV) In (1 + r) ‘b. Use the TVM keys from a calculator.c. Use the TVM function in a spreadsheet. a. Use the waiting period formula, n = Present Value Future Value Interest Rate Number of Periods$ 862.99 […]
Case 11-8 Accounting for Bonds Payable On April 1, 2006, Janine Corporation sold some of its five-year, $1,000 face value, 12 percent term bonds dated March 1, 2006, at an effective annual interest rate (yield) of 10 percent. Interest is payable semiannually, and the first interest payment date is September 1, 2006. Janine uses the interest method of amortization. Bond issue costs were incurred in […]
MNC’s must be knowledgeable of and abide by the commercial laws in the countries in which they operate. The legal systems (including commercial law) of most developed countries are derived from one of the following:1) English common law2) French civil law3) German civil law4) Scandinavian civil law Compare and contrast the legal systems of SPAIN(FRENCH LAW) & PAKISTAN (ENGLISH LAW) on the following elements:1) Investor […]
Need assistance in creation of a corporate social responsibility (CSR) addendum to the business plan for the placement of Veterinarian services in a large pet retailer. The CSR addendum will include a brief discussion of the mission, vision, and values of the company; the impact of trends in corporate culture and social responsibility on business ideas; and the potential ethical or regulatory issues that affect […]
see the question about accounting, please fill in 5 blank. The stockholders“ equity section of Sarasota Corp.’s balance sheet at December 31 is presented here. SARASOTA CORP.Balance Sheet {partial} Stockholders’ equity Paid-in capitalPreferred stock, cumulative, 10,833 shares authorized, 6,500 shares issued and outstanding 1; 663,000Common stock, no par, 729,310 shares authorized, 564,000 shares issued 1,fi92,000Total paid—in capital 2,355,000Retained earnings 1,180,000Total paid-in capital and retained earnings […]
Assignment 2: Designing a Training ProgramDue Week 8 and worth 300 points Create a written proposal in which you detail the complete design of an employee training program. Write a six to eight (6-8) page paper in which you: Design a two (2) day training program for a group of twenty (20) employees. Identify two to three (2-3) training needs though a Training Needs Analysis […]
Skyblue Pty Ltd is a large private company that manufactures special reinforced concrete and other products used in the construction of airport runways and heavy use motor vehicle freeways. During the course of the audit for the year ended 30 June 20X7, the government announced that it intends to scrap its proposed third runway project. You know that Skyblue Pty Ltd’s projections include a major […]
On 1 July 2015, Flyer Ltd decides to lease an aeroplane from Finance Ltd. The term of the lease is 20 years. The implicit interest rate in the lease is 10 percent. It is expected that the aeroplane will be scrapped at the end of the lease term. The fair value of the aeroplane at the commencement of the lease is $ 2,428,400. The lease […]
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