Accounting questions for Assignment one in Advanced Accounting & Tax measures Business Finance Assignment Help. Accounting questions for Assignment one in Advanced Accounting & Tax measures Business Finance Assignment Help.
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ACCT 302
Q 1. Presented below are selected amounts from the separate unconsolidated financial statements of Poe Corp. and its 90%-owned subsidiary, Shaw Co., at December 31,2002.
Additional information as follow:
Additional information:
• On January 2, 20X2, Poe, Inc. purchased 90% of Shaw Co.’s 100,000 outstanding common stock for cash of $155,000. On that date the fair value of the noncontrolling interest was $1.70 per share. On that date, Shaw’s stockholders’ equity equalled $150,000 and the fair values of Shaw’s identifiable assets and liabilities equalled their carrying amounts. Poe has accounted for the purchase as an acquisition.
Calculate the amounts that will appear on Poe’s consolidated financial statement on December 31, 20X2.
1. Cash (0.5 mark)
2. Goodwill (0.5 mark)
3. Equipment (0.5 mark)
4. Common stock (0.5 mark)
5. Investment in Shaw (0.5 mark)
6. Dividends (0.5 mark)
7. Bonds payable (0.5 mark)
8. Non-controlling interest (0.5 mark)
Q2: Differentiate between stock acquisition and assets acquisition? (1 mark)
______________________________________________________________________________
ACCT 321
Q – State whether these statements are true or false.Discuss why the false statements are false.
a.An entity is likely to be a governmental entity if a controlling majority of its governing body is appointed by governmental officials.
b.The objective of a government is to provide services to its constituents.
c.AICPA pronouncements have approximately the same level of authority as articles appearing in the Journal of Accountancy.
d.The objective of a not-for-profit organization is to provide services to its constituents.
e.By definition, all funds have cash, financial resources, and capital resources.
f.The objective of a business organization is to enhance the wealth of its owners.
Q- A department of a local government began operations at the beginning of the current fiscal year with $250,000 cash.During the fiscal year, the department made cash disbursements for the following:
#Salaries and other personnel costs, $100,000
#Office rent and utilities, $24,000
#Retirement of debt principal, $10,000; payment of interest, $2,200
#Purchased equipment at the beginning of the fiscal year for $30,000; the equipment is expected to last 6 years and have a salvage value of $6,000
#Photocopier rental, $10,500
Based on the preceding transactions, compute total annual expenditures for this department assuming it performs governmental-type activities and is accounted for in the General Fund.
Then compute total annual expenses for this department assuming it performs activities within an Enterprise Fund.
Q- The council of the Town of Tulia approved the 2013 budget as follows:
Budgeted 2013 revenues from:
Property taxes$5,000,000
Sales taxes$1,000,000
Appropriations for 2013:
Salaries$4,600,000
Materials$1,200,000
Equipment$100,000
During 2013, the town’s mayor presented the council with a budget revision to increase the amount of appropriation for salaries by $10,000.The council approved this budget revision.
Required:
a.Prepare the general journal entry necessary to initially record the budget.
b.Prepare the general journal entry necessary to record the budget revision.
Q. Following is a trial balance for Nadia Day Care, as of July 31, 2013, the end of its first month of business. Based on the trial balance, prepare an income statement for the month ended July 31, 2013, and a balance sheet as of July 31, 2013.
DebitsCredits
Cash$27,400
Accounts receivable500
Prepaid rent2,500
Equipment6,000
Accumulated depreciation, equipment $100
Accounts payable300
Salaries payable240
Interest payable133
Notes payable 20,000
Capital 10,000
Revenues 11,500
Operating expense1,000
Salary expense1,840
Utility expense300
Interest expense133
Rent expense2,500
Depreciation expense100
Totals $42,273$42,273
ACCT 422
Q. Depreciation rates used in financial accounting shall not be used in tax accounting whereas tax law gives tax credits to tax payers by using accelerated depreciation rates for some groups of assets
Required: State depreciation rates under the Article 17 of the Saudi Income.
Q. The paragraph (e) in the article 17 of the Saudi income tax explained how depreciation expense is calculated for any group of assets
Required:
- Discuss In Detail This Article
- Give a numerical example explaining the applicability of the paragraph (e) in the article 17 of the Saudi income tax.
(Answer in your own words DO NOT copy from the Law).
Q. Resident Bank fully owned by Sweden investors has the following selected items drawn from its accounting books (Amounts in Saudi Riyal)
|
Account |
Amount |
Deductible |
Non-deductible |
|
Allowance For Loan Losses |
840,000 |
||
|
Employees’ share in retirement fund. |
190,000 |
||
|
Bad debt (written off) |
18,340 |
||
|
Donations to the Help the Poor Organization (non-licensed in Saudi) |
11,350 |
||
|
Depreciation for New computers purchased to be used on research and development |
35,100 |
||
|
Old employees’ reunion party expenses |
3,000 |
||
|
Bank’ share in retirement fund within the limit in the law. |
145,000 |
||
|
Loss on denoted assets |
8,000 |
||
|
Income tax paid to tax and zakat authority |
150,000 |
Required: check mark items in the table below either deductible or non-deductible under income tax law in the kingdom.
Accounting questions for Assignment one in Advanced Accounting & Tax measures Business Finance Assignment Help[supanova_question]
Laboratory Techniques manuscript writing Health Medical Assignment Help
Laboratory Techniques manuscript writing
You only need to complete the Abstract and Introduction sections (one of the three paragraphs, I have completed the first and third paragraphs), and Discussion includes four paragraphs and a summary. These need to reference 3-5 articles (I will show relevant pictures and I will send the required relevant materials)
Research Question: What are the effects of a caffeinated beverage on speed selection and physiological responses (oxygen consumption, and heart rate) when exercising at the same perceived intensity?
1. Letter to the editor
2. Title page
3. Abstract
4. Introduction
5. Methods
6. Results (copy and paste)
7. Discussion
8. References
9. Tables10. Figure captions11. Figures (one per page)
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Current and Emerging technology Business Finance Assignment Help
Current and Emerging technology
DISCUSSION 1- 900 WORDS
Topic: We all had the unfortunate experience of seeing how computers can, at times, make life’s journey about more difficult. This is especially true in knowledge centric workplaces. Describe an example of a very poorly implemented database that you’ve encountered (or read about) that illustrates the potential for really messing things up. Include, in your description, an analysis of what might have caused the problems and potential solutions to them. Be sure to provide supporting evidence, with citations from the literature. As with the first discussion topic, it is not enough for you to simply create a own posting. You must read the postings of the other members of the class and comment on each of them. Please see Discussion Forum of the class syllabus for additional details on content.
Include references APA
Disaster Recovery
Real World Exercise 2
Using a Web browser, search on the term intrusion prevention systems.
What are the characteristics of an IPS? Provide the URLs you obtain the info. Compare the costs of a typical IPS to an IDPS. Do they differ? What characteristics justify the difference in cost, if any
1.5 to 2 pages APA, Include references
Real World Exercise 3
Using a Web browser, search for “incident response training.” Look through the first five results and identify one or two companies that offer such training. Pick one company and look at the course offerings. Locate a course that can train you to create a CSIRT. How many days will that course take?
1.5 to 2 pages APA, Include references
Discussion 4
Search “scholar.google.com” or your textbook. Include at least 300 words in your posting and at least 500 words in your reply. Indicate at least one source or reference in your original post. Indicate at least one source or reference in your original post. Discuss ways organizations have built a CSIRT. What are the components to building an effective and successful CSIRT team?
No Plagiarism.
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Current and Emerging technology Business Finance Assignment Help
Current and Emerging technology
DISCUSSION – 900 WORDS
Topic: We all had the unfortunate experience of seeing how computers can, at times, make life’s journey about more difficult. This is especially true in knowledge centric workplaces. Describe an example of a very poorly implemented database that you’ve encountered (or read about) that illustrates the potential for really messing things up. Include, in your description, an analysis of what might have caused the problems and potential solutions to them. Be sure to provide supporting evidence, with citations from the literature. As with the first discussion topic, it is not enough for you to simply create a own posting. You must read the postings of the other members of the class and comment on each of them. Please see Discussion Forum of the class syllabus for additional details on content.
Include references APA
Disaster Recovery
Real World Exercise 5
Using a Web browser, search on the term intrusion prevention systems.
What are the characteristics of an IPS? Provide the URLs you obtain the info. Compare the costs of a typical IPS to an IDPS. Do they differ? What characteristics justify the difference in cost, if any
1.5 to 2 pages APA, Include references
Real World Exercise 6
Using a Web browser, search for “incident response training.” Look through the first five results and identify one or two companies that offer such training. Pick one company and look at the course offerings. Locate a course that can train you to create a CSIRT. How many days will that course take?
1.5 to 2 pages APA, Include references
Discussion
Search “scholar.google.com” or your textbook. Include at least 300 words in your posting and at least 500 words in your reply. Indicate at least one source or reference in your original post. Indicate at least one source or reference in your original post. Discuss ways organizations have built a CSIRT. What are the components to building an effective and successful CSIRT team?
No Plagiarism.
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The project involves studying the IT infrastructure of a relevant information system (IS)/ information technology (IT) used by selecting any organization of your choice locally or internationally Business Finance Assignment Help
The idea is to investigate the selected organization using the main components of IT (Hardware, software, services, data management and networking). Infrastructure Investigation, which is in a selected industry, should be carried out by using articles, websites, books and journal papers and /or interviews. In the report, you are expected to discuss:
((Follow the instructions in the attached file carefully))
1. Cover Page
2. Table of Contents
3. Executive Summary
4. Organizational Profile
5. Strategies
6. Technology Involved
Guidelines for the assignment: ((Follow the instructions in the attached file carefully))
- Use font Times New Roman, 12 font size – -Use 1.5 line spacing with adjust to all paragraphs (alignment).
- Use the footer function to insert page number.
- Ensure that you follow the APA style in your project and references.
- The minimum number of required references is 2.
- Your project report length Part 1 should be between 1250 to 1500 words in total.
- Plagiarism is forbidden
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Accounting Help Business Finance Assignment Help
1. LL Incorporated’s currently outstanding 11% coupon bonds have a yield to maturity of 8.4%. LL believes it could issue new bonds at par that would provide a similar yield to maturity. If its marginal tax rate is 25%, what is LL’s after-tax cost of debt? Round your answer to two decimal places.
2. Summerdahl Resort’s common stock is currently trading at $24 a share. The stock is expected to pay a dividend of $1.75 a share at the end of the year (D1 = $1.75), and the dividend is expected to grow at a constant rate of 7% a year. What is the cost of common equity? Round your answer to two decimal places.
3. Booher Book Stores has a beta of 1.2. The yield on a 3-month T-bill is 4% and the yield on a 10-year T-bond is 8%. The market risk premium is 4.5%, and the return on an average stock in the market last year was 13%. What is the estimated cost of common equity using the CAPM? Round your answer to two decimal places.
4. David Ortiz Motors has a target capital structure of 40% debt and 60% equity. The yield to maturity on the company’s outstanding bonds is 12%, and the company’s tax rate is 25%. Ortiz’s CFO has calculated the company’s WACC as 13.2%. What is the company’s cost of equity capital? Round your answer to the nearest whole number
5. A project has an initial cost of $40,000, expected net cash inflows of $10,000 per year for 7 years, and a cost of capital of 11%. What is the project’s NPV? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to the nearest cent.
6. A project has an initial cost of $60,000, expected net cash inflows of $14,000 per year for 9 years, and a cost of capital of 9%. What is the project’s IRR? Round your answer to two decimal places.
7. A project has an initial cost of $70,000, expected net cash inflows of $11,000 per year for 11 years, and a cost of capital of 9%. What is the project’s MIRR? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to two decimal places.
8. A project has an initial cost of $35,000, expected net cash inflows of $13,000 per year for 8 years, and a cost of capital of 14%. What is the project’s PI? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to two decimal places.
9. A project has an initial cost of $40,000, expected net cash inflows of $10,000 per year for 7 years, and a cost of capital of 13%. What is the project’s payback period? Round your answer to two decimal places.
10. A project has an initial cost of $52,125, expected net cash inflows of $12,000 per year for 7 years, and a cost of capital of 12%. What is the project’s discounted payback period? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to two decimal places.
11. Edelman Engineering is considering including two pieces of equipment, a truck and an overhead pulley system, in this year’s capital budget. The projects are independent. The cash outlay for the truck is $15,000, and that for the pulley system is $21,000. The firm’s cost of capital is 11%. After-tax cash flows, including depreciation, are as follows:
Year Truck Pulley
1 $5,100$7,500
2 5,1007,500
3 5,1007,500
4 5,1007,500
5 5,1007,500
Calculate the IRR, the NPV, and the MIRR for each project, and indicate the correct accept/reject decision for each. Do not round intermediate calculations. Round the monetary values to the nearest dollar and percentage values to two decimal places. Use a minus sign to enter negative values, if any.
Truck
IRR %:
NPV VALUE:
MIRR %
** Determine whether to accept or reject each.
Pulley
IRR%
NPV VALUE:
MIRR%:
** Determine whether to accept or reject each.
12. Talbot Industries is considering launching a new product. The new manufacturing equipment will cost $8 million, and production and sales will require an initial $5 million investment in net operating working capital. The company’s tax rate is 25%. Enter your answers as a positive values. Enter your answers in millions. For example, an answer of $10,550,000 should be entered as 10.55. Round your answers to two decimal places.
What is the initial investment outlay?
$ ____ million
The company spent and expensed $150,000 on research related to the new project last year. What is the initial investment outlay?
$ ____ million
Rather than build a new manufacturing facility, the company plans to install the equipment in a building it owns but is not now using. The building could be sold for $1.2 million after taxes and real estate commissions. What is the initial investment outlay?
$ ____ million
13. The financial staff of Cairn Communications has identified the following information for the first year of the roll-out of its new proposed service:
Projected sales $18 million
Operating costs (not including depreciation) $7 million
Depreciation $6 million
Interest expense $3 million
The company faces a 25% tax rate. What is the project’s operating cash flow for the first year (t = 1)? Enter your answer in dollars. For example, an answer of $1.2 million should be entered as $1,200,000. Round your answer to the nearest dollar.
14. Allen Air Lines must liquidate some equipment that is being replaced. The equipment originally cost $11.9 million, of which 75% has been depreciated. The used equipment can be sold today for $3.4 million, and its tax rate is 25%. What is the equipment’s after-tax net salvage value? Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000. Round your answer to the nearest dollar.
15. Although the Chen Company’s milling machine is old, it is still in relatively good working order and would last for another 10 years. It is inefficient compared to modern standards, though, and so the company is considering replacing it. The new milling machine, at a cost of $106,000 delivered and installed, would also last for 10 years and would produce after-tax cash flows (labor savings and depreciation tax savings) of $19,800 per year. It would have zero salvage value at the end of its life. The project cost of capital is 9%, and its marginal tax rate is 25%. Should Chen buy the new machine? Do not round intermediate calculations. Round your answer to the nearest cent. Negative value, if any, should be indicated by a minus sign.
NPV: $ _______
Chen _______ purchase the new machine.
16. The Campbell Company is considering adding a robotic paint sprayer to its production line. The sprayer’s base price is $1,030,000, and it would cost another $16,000 to install it. The machine falls into the MACRS 3-year class, and it would be sold after 3 years for $533,000. The MACRS rates for the first three years are 0.3333, 0.4445, and 0.1481. The machine would require an increase in net working capital (inventory) of $13,000. The sprayer would not change revenues, but it is expected to save the firm $338,000 per year in before-tax operating costs, mainly labor. Campbell’s marginal tax rate is 25%. (Ignore the half-year convention for the straight-line method.) Cash outflows, if any, should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to the nearest dollar.
What is the Year-0 net cash flow?
$ ________
What are the net operating cash flows in Years 1, 2, and 3?
Year 1: $
Year 2: $
Year 3: $
What is the additional Year-3 cash flow (i.e, the after-tax salvage and the return of working capital)?
$ _______
If the project’s cost of capital is 14%, what is the NPV of the project?
$ ________
Should the machine be purchased?
17. Broussard Skateboard’s sales are expected to increase by 25% from $8.8 million in 2019 to $11.00 million in 2020. Its assets totaled $4 million at the end of 2019. Broussard is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2019, current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. The after-tax profit margin is forecasted to be 4%, and the forecasted payout ratio is 60%. Use the AFN equation to forecast Broussard’s additional funds needed for the coming year. Enter your answer in dollars. For example, an answer of $1.2 million should be entered as $1,200,000. Do not round intermediate calculations. Round your answer to the nearest dollar.
18. Berman & Jaccor Corporation’s current sales and partial balance sheet are shown below.
This year
Sales $1,000
Balance Sheet: Assets
Cash $200
Short-term investments $95
Accounts receivable $300
Inventories $150
Total current assets $745
Net fixed assets $400
Total assets $1,145
Sales are expected to grow by 12% next year. Assuming no change in operations from this year to next year, what are the projected total operating assets? Do not round intermediate calculations. Round your answer to the nearest dollar.
Accounting Help Business Finance Assignment Help[supanova_question]
PUBH140_Introduction to Public Health–Cholera outbreaks in London in the mid-19th Century_ writing homework 5 questions. Health Medical Assignment Help
Hello,
Dr. John Snow was a pioneer in applying the Scientific Method to the study of disease in populations establishing the foundations of the study of Epidemiology. His seminal work was conducted studying cholera outbreaks in London in the mid-19th Century.
1. What were Dr. Snow’s key observations during the 1831 Cholera outbreak in the mining community. Specifically discuss the geographic pattern of disease. Did his observations support the prevailing theory that a miasma (foul odors) spread cholera? What did he hypothesize instead?
2. After studying the first cholera outbreak in London, Dr. Snow had 3 key observations on Cholera outbreaks. What were these three observations, and how did each contribute to his new hypothesis for the transmission of cholera?
3. How did Dr. Snow test his theory in the Grand Experiment (1854) and what were his findings?
4. Describe Dr. Snows investigation of the Broad Street Cholera Outbreak.
5. What public health actions (s) did Dr. Snow advocate for the Broad Street Epidemic?
Additional resources:
http://www.ph.ucla.edu/epi/snow/fatherofepidemiolo…
http://johnsnowbicentenary.lshtm.ac.uk/about-john-…
http://www.bbc.co.uk/history/historic_figures/snow…
http://www.johnsnowsociety.org/
The file contain all the info and LMK if you need anything
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write an 2-3 page article Foreign Languages Assignment Help
Rogelio Adonican – EFE news agency
Write a two to three page news article using a straight lead, headline, with quotes, regarding the press conference with Rogelio Adonican, journalist from the EFE news agency.
Its your job to find the interesting or more news worthy aspect of his speach.
You may use external sources (newspapers, interviews, quotes from other specialists) to complement your article.
But remember, only as complementary. The main source are the quotes or lessons from the press conference.
You may compare an opinion from the journalist to a situation that is happening nowadays, worldwide or in Panama with the current state of journalism.
I will be grading your leads, creativity in your headlines, your quotes and style.
Please remember to write in third person. This is not a essay. Avoid writing in first person, using I.
the link of the interview, its in spanish but the write its to be done in english
https://app.schoology.com/system/files/attachments…
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Please follow the instructions and I need in APA format Computer Science Assignment Help
This is ANNOTATED BIBILOGRAPHY
Please go through the attached PDF portfolio project and I am attaching textbook for your reference make sure no plagarisim and I need in APA format.
Without reading the PDF don’t start working
This is the second milestone of the portfolio project (which is due in week 15).
For milestone 2 (due in week 6), you will develop an annotated bibliography with a minimum of 5 peer reviewed scholarly articles.
For your reference, the portfolio project guidelines are attached here.
Please see the UC library for help in formatting your bibliography.
Here are some examples:
- https://owl.purdue.edu/owl/general_writing/common_writing_assignments/annotated_bibliographies/annotated_bibliography_samples.html
- https://guides.library.cornell.edu/annotatedbibliography
- https://sites.umgc.edu/library/libhow/bibliography_tutorial.cfm
- https://columbiacollege-ca.libguides.com/mla/annot_bib
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Supply chain management Business Finance Assignment Help
EMS is a small manufacturer of drones that currently build its entire product in Northern Italy. As the market for drones has grown significantly, the Italian plant has reached capacity of 9,500 drones per year. To increase its capacity, EMS is considering two options. The first option is to add 9,500 units of capacity to the Italian plant at an annualized fixed cost of 6 million Euros plus 200 Euros labor per drone. The second option is to have Vitacon, an electronics producer, manufacture the drones at a cost of 400 Euros for each drone (excluding raw materials cost). Raw materials cost 500 Euros per drone, and EMS sells each dronefor 2,000 Euros. EMS must make this decision for a two-year time horizon. During each year, the demand for EMS drones has an 85 percent chance of increasing 60 percent from the previous year and a 15 percent chance of remaining the same as the previous year. Vitacon’s prices may change as well. They are fixed for the first year but have a 50 percent chance of increasing 15 percent in the second year and a 50 percent chance of remaining where they are.
1)Use a decision tree to determine whether EMS should add capacity to its Italian plant or if it should outsource to Vitacon. 2)What are some other factors that have not been discussed that would affect this decision?
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