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What is the ethical dilemma you face? What are the ethical considerations? Consider your options and responsibilities as assistant controller.
Prepare an income statement for the year ending December 31, based on the com, Inc. financial statement data shown above.
What are the financial statements included in each annual report? Briefly discuss of the differences between Netflix and Spotify's financial statements.
Would you consider Managerial Accounting and Financial accounting two different kinds of accounting? Why or why not?
Explain the transactions in each day or each entry independently. You may need to handwriting the answers because I think you should draw the T-accounts.
Discuss how much time you think you will need to spend each week for this accounting class. Do you have any concerns in completing the homework?
Describe the purpose of each of the 4 financial statements. Discuss the types of accounts that are found on each statement.
Why is it important for users of financial statements to understand the generally accepted accounting principles (GAAP)?
What types of decisions might these users need to make? What are some source documents that accountants may need to enter financial information?
Analyze how much money does the company make from processing one batch of the common input into the end products X and Y? Show your work!
Calculate the following variances for June: Direct materials price and quantity variances. Direct labour rate and efficiency variances.
How either financial accounting helps external stakeholders make inform decision or how managerial accounting helps managers to improve operational performance.
Examine the approaches taken during the application and infrastructure development stage and the planning and operating stage.
Explain the difference between the two accounting methods. Identify the benefits and drawbacks of each method.
What is the primary purpose of each of the four basic financial statements? How are the four financial statements interrelated?
What are several factors that have led to increased healthcare costs? What are several of the efforts that have been attempted by payors to control cost?
Compute the Debt ratio Free cash flow, Times interest earned, Accounts receivable turnover, Inventory turnover for two years.
Discuss to purchase the new equipment or overhaul the old equipment. Calculate the payback period for keeping the old backhoes and purchasing the new backhoes.
Discuss what are some limitations of financial statements analysis? Meaning, what are some things which make financial statement analysis less reliable?
Explain the relevance of changes in net income to investor. Discuss the relevance of the total value of assets to potential creditors and why this is important.
Why does anything look good or bad that is notable? Do you have any suggestions on things they could be doing to improve these ratios?
Calculate the cash disbursements by month. Determine the timing of a capital expenditure. Determine the timing and amount of financing.
Analyze the current consolidation process for intra-entity transfer of depreciable assets and suggest at least one improvement to the process.
Prepare the statement of retained earnings for the year ended 2013, and any note disclosures separately.
What are some limitations of financial statements analysis? Meaning, what are some things which make financial statement analysis less reliable?