Familiarization of investment types. Identify keywords if it is; Deposit Fund Bond Stock Property 1. Collateral 2. Shareholder 3. Creditor 4. Debtholder 5. Equity 6. Supply of capital 7. Safekeeping 8. Money market 9. Real estate

Q: The condensed product-line income statement for Dish N' Dat Company for the month of May is as…

A: Variable  Cost of goods sold = $20600 ×(1-0.15) = $17510 Variable selling  and admin expenses  =…

Q: 13.E J owns some property that has an assessed value of $415,920. Calculate the tax due if the tax…

A: A determined valuation of property on which tax is to be levied is the Assessed value of property.…

Q: A corporation bought a machine for RP 8,000 with a commercial useful life of 4 years and a fiscal…

A:

Q: Ava Inc. had the following transactions on its inventory during 2021. Ava uses perpetual inventory…

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Q: Zark's Burger uses 250 kg of fatless beef for its meals, every month with an ordering cost of BD 15…

A: Calculatio of Optimal Quanity

Q: When the selling division in an Internal transfer can sell every product eat Its market price, then…

A: Given the selling division can already sell all the units outside at the market price. So…

Q: Tom, Linda, and Zach are casual acquaintances. Each of them has a different set of business skills…

A: A partnership is a kind of business structure in which two or more people agree to carry out…

Q: Entry for cash sales; cash short Instructions Chart of Accounts Journal Instructions The actual cash…

A: The question is related to Journal Entry. The details of transaction is given.

Q: Jacques is an alien assigned in the Philippines to manage the regional area headquarters of Deli…

A: The Non Resident Aliens in Philippines are subject to income tax on the incomes…

Q: ation: Direct labor rate $150 per DLH $ 120 per DLH Non-materials-related overhead Materials-related…

A: Overhead is an indirect cost incurred in the production process of the company. It is used to…

Q: In Japan, the government has laws on how much fish a fisher can catch. By limiting the number of…

A: Japan's fish policy restricts a fisher for catching the fish in a season or day to ensure their…

Q: On January 2, 2021, Power Company acquired 90% of the outstanding shares of Solar Inc. at book…

A:

Q: 3. Nicanor sold his residential lot located in Iloilo City. The Deed of Absolute Sale is dated…

A: Due date of Payment of Capital Gain Tax  Due date of Payment of Stamp Tax

Q: is expec actuary

A: ABO stands for Accumulated benefit obligation which is defined as the amount of the pension plan…

Q: Question 25 The minimum cash balance may be set based on the desired number of days' of operations…

A: Minimum Cash Balance is the Cash reserved to meet the operational expenses of the organization. It…

Q: Find the duration of a bond with a settlement date of May 27, 2023, and maturity date November 15,…

A: A bond is an instrument of debt used by companies to borrow loans or finances from willing…

Q: Steven Company has fixed costs of $365,640. The unit selling price, variable cost per unit, and…

A: Total breakeven point = Total fixed costs / Weighted average contribution margin per unit where,…

Q: Mr. Craft purchases his first home in 2011 at a cost of $89,000. In 2016, the home is sold for…

A: The capital gains arise when the capital asset value increases and it is sold. In case a capital…

Q: During the first semester of 2021, VIOLET Company sold a piece of equipment at a ₱12,000 gain. What…

A: Here given the details of the gain which are arised while sale of the equipment and its reporting…

Q: 4. During the year ended 31 December, the business made sales of £45,000 and purchases of 25,000.…

A: Formula: Gross profit = Sales - cost of goods sold

Q: CREATE YOUR OWN FORM OF “CHART OF ACCOUNTS”

A: NATURE OF BUSINESS - GARMENTS MANUFACTURING   CHART OF ACCOUNTS ACCOUNT NO.  ACCOUNT TITLE 1…

Q: Mr. C, married, is a citizen and resident of the Philippines. He had the following data on income…

A: The answer is stated below:

Q: During June, the following changes in inventory item 27 took place: 1,400 units @ P24 800 units @…

A: The question is related to Inventory Management. The FIFO method of material issue means first in…

Q: ABC Inc. operates two separate lines of business - a fashion design business and an investment firm.…

A: As per the revised provisions of Tax Cuts & Jobs Act removed the provsion of 2 years carry…

Q: A family friend has asked your help in analyzing the operations of three anonymous companies…

A: Financial ratios are used to check different aspects of a company - liquidity, solvency, etc. They…

Q: Kaloy invested in the bonds of AAA Company in the United States. The bonds were issued at a price of…

A: Documentary stamp tax duty that DST is applicable on sale and purchase of bonds in market in…

Q: How much is the consolidated Retained Earnings as of 12/31/2022?

A: Non-controlling interest, also known as low interest, is a position of ownership where the…

Q: Table 11.9 Normal and Crash Data for General Foundry, Inc. TIME (WEEKS) COST ($) CRASH CRITICAL COST…

A: The path having the longest duration is Critical Path. A-C-E-G-H having duration of 2 + 2 + 4 + 5 +…

Q: Giant Company has firee products, A, B, and C. The following information is available Product A…

A: >Dropping or eliminating a product or division can have a increasing or decreasing effect on the…

Q: Question 8 Golden Corporation have the following information from its books: Sales P1,600,000 Credit…

A: The average day sales tells about the number of days taken by business to convert inventory into…

Q: Do and a remaining useful Iife of five years. At the end of the five years the spotter truck will…

A: The purchase of new non cash assets in exchange of old asset, can lead to increase revenue for the…

Q: Using the Information below, compute the cash conversion cycle: 42 days 59 days 52 days Days' sales…

A: Cash conversion cycle is the number of days it takes for an inventory to convert into cash.

Q: Imagine that you work in the accounting department of a university and your boss has asked you to…

A: Revenue and Expenses are the two most important elements of an income statement. Incomes/Revenues…

Q: Question 7 The annual requirement for materials AB of Amor Company total 21,000 units. The cost to…

A: Economic Order Quantity is optimal order quantity to minimize total cost related to holding cost and…

Q: Wheels, Inc. manufactures bicycles sold through retail bicycle shops in the southeastern United…

A: A constant price is something that does not change in response to activities. Even if there is no…

Q: Exercise 12-15 (Algorithmic) (LO. 4) In 2021, Ivanna, who has three children under age 13, worked…

A: The child and dependent care credit are related to the deduction for expenses of dependent children…

Q: Question 16 Covidfree Corp. has a credit line of P1,500,000. The bank requires compensating balance…

A: A compensating balance is the balance a borrower must keep with a lender, usually when taking out an…

Q: Question 3 Assuming the following quotes, calculate how a market trader at Citibank with $1,000,000…

A: We are given quotes of three different banks for different currencies. The trader intends to make…

Q: Barley Hopp Inc manufactures custom ordered commermorative beer steins. It's standard cost…

A: The variance is the difference between standard and actual production data of the current period.

Q: Warwick Co. has the following data related to an item of inventory: Inventory, March 1 Purchase,…

A: Under LIFO method of inventory accounting, the items that are purchased most recently would be…

Q: Instructions Chart of Accounts First Question Journal Instructions The following data were gathered…

A: A BANK RECONCILIATION STATEMENT SUMMARISES BANKING AND BUSINESS ACTIVITY , RECONCILING AN ENTITY’S…

Q: 8. Given the following data, calculate product cost per unit under variable costing. Direct labor S7…

A: Formula: Product cost per unit under variable costing = Direct materials + direct labor + Variable…

Q: Evaluation of the performance of an Investment center should only Include financial measures. True…

A: An investment centre is a business unit in a firm that can utilizes capital to contribute direct to…

Q: per to $4,600,000 per year. The company's contribution margin ratio is 11%, which means that an…

A: Return on investment is the return expected to be generated from the investment that is made. Return…

Q: An examination of Hutton Corporation’s accounting records indicates that all receivables are being…

A: Journal entry is the act of recording the financial transaction in table format which have the debit…

Q: Exercise 2) Elmer's Electronics has the following information for the first three years of business:…

A: Calculation for net income under full costing: Particulars 2019 ($) 2020 ($) 2021($) Sales…

Q: Financial information for a company for 2013 is provided. The company has a December 31 year- end.…

A: Statement of Cash Flow - Statement of cash flow shows the movement of cash for the financial year.…

Q: 11. Jacques is an alien assigned in the Philippines to manage the regional area headquarters of…

A: Taxation system in Philippines According to Philippines taxation there are different category  in…

Q: Brief Exercise 23.3 (Static) Production Budget (LO23-4) Expected quarterly unit sales of cured hams…

A: Cured ham production  (in units) = Forecasted unit sales + planned ending units - Beginning…

Q: ncrease in receivables   190   Decrease in inven

A: Given: Operating Activities Net Income $ 780   Depreciation   33,405   Increase in…