• Q : Comparative financial statements....
    Accounting Basics :

    1. Briefly describe the way Clinton should report this accounting change in 2010-2011 comparative financial statements. 2. Prepare 2011 journal entry related to change

  • Q : Schedule showing intangible asset section....
    Accounting Basics :

    1. Prepare the entries necessary in 2009 and 2011 to reflect the above information 2. Prepare a schedule showing the intangible asset section of Janes’ December 31, 2011, balance.

  • Q : How state of economy influence sales of company products....
    Accounting Basics :

    How does the state of the economy influence the sales of the company's products or expanding into new markets? What are the steps in the decision-making process?

  • Q : Linear programming model to determine expected mix....
    Accounting Basics :

    Formulate a linear programming model to determine the expected mix of packages to offer to maximise profit, showing all supporting calculations, and solve using a computer package (eg solver in Exce

  • Q : Case study-fraud examination....
    Accounting Basics :

    From this case, identify: 1. The pressures, opportunities, and rationalizations that led James to commit his fraud. 2. The signs that could signal a possible fraud.

  • Q : Accounting department be proactive or reactive....
    Accounting Basics :

    When an organization introduces a new promotion to a customer, should the accounting department be proactive or reactive as these promotional decisions are made, especially when the new promotional

  • Q : What are capital assets....
    Accounting Basics :

    Please assist with an assignment by answering the following: - What are capital assets? - Identify some of the usual capital assets that an individual or business may own.

  • Q : Financial market dislocations....
    Accounting Basics :

    Problem 1: Identify one of the current or emerging forces that affect the CFO roles and discuss how this force specifically affects their roles. Have the financial market dislocations of the past fe

  • Q : How coca-cola and pepsi able to retain most of the profits....
    Accounting Basics :

    They then enter into exclusive contracts with independent bottlers to produce their products. Use the five forces framework and your knowledge of the soft drink industry to briefly explain how Coca-

  • Q : Memorandum for the tax files....
    Accounting Basics :

    Michael Robertson (1635 Maple Street, Syracuse, NY 13201) exchanges property (basis of $200,000 and fair market value of $850,000) for 75% of the stock of Red Corporation. The other 25% is owned by

  • Q : Activity based costing for apple....
    Accounting Basics :

    Identify a product or service that Apple could use ABC and identify at least three activities for ABC and the appropriate cost drivers for those activities. Estimate the application rates for each c

  • Q : Depreciation on the properties....
    Accounting Basics :

    Mr A's rental properties generate $3,000 each month. The depreciation on the properties totals $2,000 each month plus his monthly maintenance fees of $1,500 for the three units. Mr A wants to know h

  • Q : Definition of comprehensive income....
    Accounting Basics :

    Q1. Provide the definition of comprehensive income. Q2. Explain the difference between the end of year treatment of net income and other comprehensive income

  • Q : Pronouncement of the financial accounting standards....
    Accounting Basics :

    What was the last official pronouncement of the Financial Accounting Standards Board in the year 2011? Briefly describe the pronouncement in your own words.

  • Q : Accepted accounting principle....
    Accounting Basics :

    Listed below are accounts that are found in financial statements. For each of the accounts, using any and all sources available to you, provide the following infor mation. a. Provide the official de

  • Q : Calculate the amount of after-tax cash flow....
    Accounting Basics :

    Calculate the amount of after-tax cash flow available to each investor if the business is established as a partnership versus a corporation. I need to write a memo explaining the advantages and disa

  • Q : Installment sales for tax purposes....
    Accounting Basics :

    What difference does it make to Norman and to Robin how much is allocated to interest versus principal if the total of the cash payments will not change?

  • Q : Primary objective of consolidation procedures....
    Accounting Basics :

    What is the primary objective of consolidation procedures? What are the different methods of consolidation? In what circumstances would you choose each method?

  • Q : Evaluating performance using metrics....
    Accounting Basics :

    Using the data from the Anthony's Orchards website, write a 1- to 2-page paper identifying the profit centers, cost centers, and investment centers of the company.

  • Q : What is the amount of owners equity....
    Accounting Basics :

    If total assets increased $200,000 during the year, and total liabilities decreased $75,000, what is the amount of owner's equity at the end of the year?

  • Q : Tax treatment of an employee....
    Accounting Basics :

    Let's focus more on the tax aspects of being an employee. Explain the tax treatment of an employee for one or more of the following:

  • Q : Compute the overhead rate using the traditional approach....
    Accounting Basics :

    Total estimated overhead costs are $300,000. Overhead cost allocated to the machining activity cost pool is $200,000, and $100,000 is allocated to the machine setup activity cost pool. Instructions

  • Q : What is the after-tax cash flow for kevin and elizabeth....
    Accounting Basics :

    If Kevin agrees to an $18,500 alimony payment, what is the after-tax cash flow for Kevin and Elizabeth? By how much does their cash flow improve over the proposed $15,000 property settlement payment

  • Q : Comprehensive income for pension plan....
    Accounting Basics :

    What should Barrel Corporation report in accumulated other comprehensive income for this pension plan at December 31, 2007 under U.S. GAAP?

  • Q : Determine the possible tax consequences....
    Accounting Basics :

    Task: In each of the following problems, identify the tax issue(s) posed by the facts presented. Determine the possible tax consequences of each issue that you identify.

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