Respond to one or more question(s) from each of the three categories below. Category: Stock Market 1. What was the closing price of your corporation’s stock on the first day of class and the day before you are posting this response? 2. What is Standard & Poor’s 500? 3. What is the Dow Jones Industrial…
. Advantages of centralized organizations include include increased expertise at each division, quicker decisions, better use of time at top management levels, and increased motivation of division managers. True False 2. A segment responsible for costs, revenues, and investment in assets is called an investment center. True False 3. Economic Value Added is the dollar…
Capital stock outstanding, 8,000 SHARES PAR $100 per share $480,000. Paid in-capital in excess of par -Common Stock $320,000. Retained earnings $294,000. Transactions occured this year. A) Purchased 280 shares of capital stock to be held as treasury stock, paying $97 per share. B) Sold all 280 shares of treasury stock at $102 per share….
ACCT 3531 Ron Unger Fall 2015 Form 4797 Make-Up Problem TMI Corporation sold the following three assets in 2014. Equipment purchased 8/1/10 for $85,000; accumulated depreciation $30,000. Sales price = $75,000. Building purchased 1/1/85 for $735,000; accumulated depreciation $525,000 (straight-line depreciation =$475,000); Sales price $1,025,000. Auto purchased 3/1/12 for $20,000; accumulated depreciation $8,000; Sales price…
Clayborn Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of business on May 31, its Cash account shows a debit balance of $25,025. Clayborn’s May bank statement shows $22,200 on deposit in the bank. Determine the adjusted cash balance using the following…
Myers Corporation has the following data related to direct materials costs for November: actual costs for 5,000 pounds of material, $4.50? And standard costs for 4,800 pounds of material at $5.10 per pound. What is the direct materials price variance?” “$3,000 favorable” “$3,000 unfavorable” “$2,880 favorable” “$2,880 unfavorable” Question 5 The standard costs and actual…
Segmented income statement exercise Exercise 1 Friends Association is a consulting firm that specializes in information systems for construction and landscaping companies. The firm has two offices-one in Houston and one in Dallas. The firm classifies the direct costs of consulting jobs as variable costs. A Segmented income statement for the company’s most recent year…
1) Quality balance sheet assessment of Southwest Airlines. Please include a review of the current assets and liabilities and appropriate liquidity ratios, the capital structure, and the fixed and intangible asset accounting of the company. Also, please touch on such as leases and contingent liabilities. Please also do a balance sheet assessment of a similar…
Tax Agency Fund. The county collector of Suncoast County is responsible for collecting all property taxes levied by funds and governments within the boundaries of the county. To reimburse the county for estimated administrative expenses of operating the tax agency fund, the agency fund deducts 1.5 percent from the collections for the town, the school…
“How Health Care Buyers Make Choices” Please respond to the following: Need 1 quote from a reputable source Recall a situation in which you sought health care of some type (not including care for an injury or illness). Determine if your situation followed the five steps of the buying decision model and what role marketing…