The Work in Process inventory account of a manufacturing company shows a balance of $33,000 at the end of an accounting period.

The Work in Process inventory account of a manufacturing company shows a balance of $33,000 at the end of an accounting period. The job cost sheets of the two uncompleted jobs show charges of $7,500 and $4,500 for materials, and charges of $8,500 and $6,500 for direct labor. From this information, it appears that the company is using a predetermined overhead rate, as a percentage […]

28/04/2022

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Assignment Type: Discussion Board Deliverable Length: 3-4 paragraphs Points Possible: 75 Due Date: 4/10/2011 11:59 PM CT Primary Task Response:

Due Date: 4/10/2011 11:59:59 PM CT Primary Task Response:”Drug use is information that is rightfully private, and only in exceptional cases can an employer claim a right to know about such use.”•Defend or oppose this statement.•How is your response to this assignment consistent with the moral philosophy? Explain. Federal and state regulations indicate that employers have the right to control the conduct of employees that […]

28/04/2022

Business and Finance Essay Help D

(200 word min) Take a look at the story of Betty Vinson, a mid-level accountant at WorldCom, Inc., in the first two articles listed above.

(200 word min) Take a look at the story of Betty Vinson, a mid-level accountant at WorldCom, Inc., in the first two articles listed above. The story chillingly illustrates how good employees can slowly turn into crooks. Discuss how Ms. Vinson turned from a good corporate soldier to a criminal. Ms. Vinson was found guilty of fraud, as were her managers. Do you believe the […]

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Business and Finance Essay Help D

QUIZ URGENT Which of the following are most important for strategic alignment?

QUIZ URGENT Which of the following are most important for strategic alignment? a.Business Processes and Organisational Goals b.People and Business Pprocesses c.Resources and Competitive Advantage d.Both (a) and (b) Vertical integration is:. a.Setting up a business overseas b.The process of having suppliers provide goods and services that were previously provided internally c.The process of acquiring and consolidating elements of a value chain to achieve more […]

28/04/2022

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Use the following industry-average ratios to construct a pro forma balance sheet for Phoebe’s Cat Foods Inc. Total asset turnover 1.

Use the following industry-average ratios to construct a pro forma balance sheet for Phoebe’s Cat Foods Inc.: Total asset turnover 1.5 timesAverage collection period (assume 365-day year) 15 daysFixed asset turnover […]

28/04/2022

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GENATRON MANUFACTURING CORPORATION BALANCE SHEET 2012 2011 ASSETS Cash $40,000 $50,000 Accts.

GENATRON MANUFACTURING CORPORATIONBALANCE SHEET 2012 2011ASSETSCash $40,000 $50,000Accts. receivable 260,000 200,000Inventory 500,000 450,000Total current assets 800,000 700,000Fixed assets, net 400,000 300,000Total assets $1,200,000 $1,000,000LIABILITIES AND EQUITYAccts. Payable $170,000 $130,000Bank loan 90,000 90,000Accruals 70,000 50,000Total current liabilities 330,000 270,000Long-term debt, 12% 400,000 300,000Common stock, $10 par 300,000 300,000Capital surplus 50,000 50,000Retained earnings 120,000 80,000Total liabilities & equity $1,200,000 $1,000,000INCOME STATEMENT 2012 2011Net sales $1,500,000 $1,300,000Cost of […]

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Business and Finance Essay Help D

1. A company has 8 percent coupon bonds on the market with 10 years left to maturity. Coupons are paid semi-annually. If the bond currently sells for…

1. A company has 8 percent coupon bonds on the market with 10 years left to maturity. Coupons are paid semi-annually. If the bond currently sells for $1,075, what is its yield to maturity? 2. A company just issued 10-year bonds at a coupon rate of 8%. Coupons are annually paid. If YTM on these bonds is 9.3%, what is the current bond value? 3. A company […]

28/04/2022

Business and Finance Essay Help D

Ursula M. Burns isn’t one to savor victoryeven if it’s being the first African American woman to lead a major U. corporation and the first female CEO…

Ursula M. Burns isn’t one to savor victory—even if it’s being the first African American woman to lead a major U.S. corporation and the first female CEO to take the reins from another woman. Within days of being named chief executive of Xerox (XRX) she was on a plane to Europe. The mission: a 30-day tour to meet with staff outside the U.S., where Xerox […]

28/04/2022

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KRJ Enterprises reported a steady debt ratio over the past two years and a significant decrease in its interest coverage ratio from 8.3 to 3.

KRJ Enterprises reported a steady debt ratio over the past two years and a significant decrease in its interest coverage ratio from 8.3 to 3.9. What is the most likely conclusion an analyst would make about the company’s solvency or creditworthiness? A. Given the mixed signals of a steady debt ratio with a falling interest coverage ratio, an analyst would likely need to carefully examine many […]

28/04/2022

Business and Finance Essay Help D

Drew Carey Company borrowed $10,000 by signing a 12%, one-year note on September 1, 2010. A count of supplies on December 31, 2010, indicates that…

1. Drew Carey Company borrowed $10,000 by signing a 12%, one-year note on September 1, 2010.2. A count of supplies on December 31, 2010, indicates that supplies of $800 are on hand.3. Depreciation on the equipment for 2010 is $1,000.4. Drew Carey Company paid $2,100 for 12 months of insurance coverage on June 1, 2010.5. On December 1, 2010, Drew Carey collected $40,000 for consulting […]

28/04/2022

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