This work of ACC 422 Week 4 Learning Team contains: Team Problems Prepare solutions to the following problems from the text: 1) Chapter 11: P11-10 (Comprehensive Depreciation Computations) Sheryl Crow Corporation‚ a manufacturer of steel products‚ began operations on October 1‚ 2006. The accounting department of Crow has started the fixed-asset and depreciation schedule presented on page 563. You have been asked to assist in completing this schedule. In addition to ascertaining
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000= 7 years Computation of the NPV : NPV= -35‚000 + Σ 5‚000 / ( 1 + 12%)^ 15 i=1 NPV = $- 945. 67 Computation of the IRR : 0= -35‚000 + Σ 5‚000 / ( 1 + IRR)^ 15 i=12 IRR= 11.49% The NPV of this project is negative and the IRR is lower then the Cost of Capital (12%) Rainbow products shouldn’t go for it. (B) Based on the perpetuity formula we can compute the PV in this case : Computation of the PV : PV= Cash flow per year/ cost of capital) =4‚500 / 0.12 = $37‚500 Computation of the NPV
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Linens Department is dropped. In addition‚ the elimination of the Linens Department will result in a 10% decrease in the sales of the Hardware department. Required: Should the production and sale of the Linens Department be discontinued? Show computation to support your answer. If the Linens Department is dropped‚ what will be the effect of the net operating income of the company as a whole? Solution: Contribution margin lost if the Linen Department is dropped: Lost from the Linen Department
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CHI-SQUARE AND TESTS OF CONTINGENCY TABLES Hypothesis tests may be performed on contingency tables in order to decide whether or not effects are present. Effects in a contingency table are defined as relationships between the row and column variables; that is‚ are the levels of the row variable diferentially distributed over levels of the column variables. Significance in this hypothesis test means that interpretation of the cell frequencies is warranted. Non-significance means that any differences
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them to reduce time effort. BACKGROUND OF THE STUDY Based on our research the school of St.catherine institute of technology is using a computerized accepting records and computation of grades of each student‚ which is use when technology is developed. Computerized keeping records and computation is very prompt to risk for any circumstances.Even if it is higher development of manual process. These days It is becoming time consuming in terms of recording grades and accepting new records
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problems are pooled as well. The computational problems will focus on topics from TCOs 6‚ 7‚ 8‚ and 9. Make sure you show your computations (to earn partial credit) in a clear‚ well thought out method. The computation requirements should easily be found in the textbook and/or weekly lectures‚ and only math errors would render the answer incorrect. It is suggested that all computations are completed twice with a calculator. The essay questions are also pooled. The essay questions will focus on topics from
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Financial & Management Accounting. This project covers the topic “Published Financial Statements – Financial Analysis” taught in this semester. Students will submit on a group basis a type-written report including Excel spreadsheets on financial ratios computation. This project is designed for you to be resourceful and analytical. The ability to work in a team is important‚ thus brainstorming and group meetings are essential. Report writing and ability to integrate the various financial concepts will reflect
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You have 120 minutes to finish. Feel free to use a calculator to back up your answers. Textbooks and mobile phones are NOT allowed. Any verbal contact among students is considered cheating and will be punished: the student involved will be assigned zero points on this exam. Good luck! Student Name: ……………………………………… Grade: ……… / 20 ______________________________________________________________________________ Exercise 1: Pierce Company reported net income of $200‚000 for the current year.
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laboriousness and time consuming when it comes to generating sales and inventory reports‚ for obvious reasons that it is done manually. Manual inventory systems turned out to be slow and inaccurate resulting to problems like running out of stocks and slow computations of product prices being bought by the customers. List of files‚ and papers in these files are difficult to document and maintain‚ thus prone to risk of loss or damage‚ making the system inefficient. The owner of RLM Drugstore want a computerized
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template for grading computation and generating student’s grade. Figure 3.0: First Entry Level Data Flow Diagram of Administrator’s Capabilities The figure 3.0 represents the First Entry Level Data Flow Diagram of the Administrator upon successfully logging-in into the Generic Academic Performance Monitoring System. He/she has the capabilities to manage modules such as handling member’s account‚ importing students list‚ creation of grade criteria‚ grade computation and updating website
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