Textbook case: Managerial Accounting for Managers‚ 2nd edition Noreen‚ Brewer and Garrison (McGraw-Hill/Irwin‚ 2008). Case 4-33 Cost Structure; Target profit and Break-Even Analysis Contribution Income Statement for all three scenarios: 15% commission 20% commission Own sales force Sales $16‚000‚000 $16‚000‚000 $16‚000‚000 Variable manuf. cost $7‚200‚000 $7‚200‚000 $7‚200‚000 Commissions $2‚400‚000 $3‚200‚000 $1‚200‚000 -Tot. variable cost ($9‚600‚000)
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| |Key contributions |Learning anxiety < survival anxiety | |(concepts developed) | | | |Learning is pain
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7101AFE Financial Accounting Theory and Practice Tutorial Questions for Tutorials 1- 6: Semester 1 2015 TUTORIAL 1 - Semester 1 2015 Deegan Topic 1: Introduction to financial accounting theory QUESTION 1 – Question 1.2: If you developed a theory to explain how a person’s cultural background influences how they prepare financial statements‚ would you have developed a positive theory or a normative theory? The first of all‚ it is important to understand the mean by a ‘theory’. According to Contemporary
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> Capex? Is CFO > Capex + Dividends? If CFO < Capex + Dividends‚ how did the company finance Capex + Dividends? Trend in Net Income Trend in CFO Trend in Capex Trend in major working capital accounts Overall assessment of the financial strength of the company CFO = Cash flow from operating activities; NI = Net Income; Capex = Capital expenditures‚ i.e. investments into long-lived assets Major working capital accounts: Accounts Receivable‚ Inventory‚ Accounts Payable Beta
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Classify each of the following financial statement items taken from Mordica Corporation’s balance sheet. CL Accounts payable CA Accounts receivable PPE Accounts depreciation-equipment PPE Buildings CA Cash CL Interest payable IA Goodwill CL Income taxes payable CL Inventory CA Stock investments (to be sold in 7 months) PPE Land (in use) LTL Mortgage payable CA Supplies PPE Equipment CA Prepaid rent E2-2. Classify each of the following financial statement items based upon the
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Birzeit University MBA Program Managerial Accounting BUSA 631 Spring 2013 Case 3 The Rohr Company’s old equipment for making subassemblies is worn out. The company is considering two courses of action: (a) Completely replacing the old equipment with new equipment or (b) Buying subassemblies from a reliable outside supplier‚ who has quoted a unit price of $1 on a 7-year contract for a minimum of 50‚000 units per year. Production was 60‚000 units in each of the past 2 years. Future
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$45‚000 and the current ratio is 4:1. What are current liabilities? A. $ 10‚000 B. $ 11‚250 C. $ 15‚000 D. $ 17‚400 E. $ 180‚000 6. Wolfpack‚ Inc. collected $6‚250 on account. The effect of the transaction on the accounting equation is to: A. Increase revenue and decrease expenses. B. Have no effect on total assets. C. Decrease assets and decrease liabilities. D. Increase assets and increase stockholder’s equity. E. Both A
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INC) | |[pic] | |Financial analysis statement for the year ended | |December in 2011
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investments or capital of the firm and not only in relation to sales. Return on capital employed ratio measures the efficiency with which the investment made by shareholders and creditors is used in the business. Managers use this ratio for various financial decisions. It is a ratio of overall profitability and a higher ratio is‚ therefor‚ better. To see whether the business has improved its profitability or not‚ the ratio can be calculated for a number of years. Return on equity (ROE) is widely
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Kolb’s ELT with the Critical Thinking Components Superimposed: Accounting for Property‚ Plant & Equipment (IAS 16) – Standard Accounting Practise (Simon‚ 2009) Concerns have been (Kolb 1984) Kolb’s ELT with the Critical Thinking Components Superimposed: Accounting for Property‚ Plant & Equipment (IAS 16) - Variation from the Standard (Simon 2009) (Kolb
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