Managerial accounting chapter 13 garison Question 13-11 Project A Initial Cost = $15‚000 Life of the project = 10 years Annual net cash inflow = $4‚000 Salvage Value = $0 Required rate of return = 16% Item Years Amount of cash flow 16% factor Present Value of Cash flow Annual net cash flow 1 to 10 $4‚000 4.833 $19‚332 Intial Investment Now $15‚000 1 $15‚000 Net Present Value (a-b) $4‚332 Project B Initial
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Mercantilism – colony exists to benefit mother country; Brit gave naval protection Indirect tax – you don’t know you’re taxed Colonies haphazardly placed Prime Minister George Grenville enforced Nav Laws: 1. Imperial trade done on Brit ships w/ ¾ crew British; 2. Only certain goods exported to foreign countries unless they go through Britain; 3. Economic diversification; 4. Colonies a protected market for low price consumer goods Sugar Act- raise tax on molasses; Woolen Act- banned export of
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CHAPTER 5: ACCOUNTING FOR GENERAL CAPITAL ASSETS AND CAPITAL PROJECTS OUTLINE |Number |Topic |Type/Task |Status | | | | |(re: 14/e) | |Questions: | |
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MGT 253 Final Exam Solution http://www.tutorialsguider.com/downloads/mgt-253-final-exam-solution/ MGT 253 Final Exam Solution Question 1 A fishbone diagram focuses on identifying the sources of quality problems encountered in a process. Question 2 What quality management tool shows that most of the time‚ 80% of quality problems are created by 20% of the sources of problems: Question 3 In project quality management‚ benchmarking helps to: Question
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PA 253 Final Exam Solutions https://hwguiders.com/downloads/pa-253-final-exam-solutions PA 253 Final Exam Solutions Question 1. Lawyers cannot split fees for legal services with non-lawyers. Question 2. Legal professionals should not disclose adverse case law when writing legal briefs. Question 3. Sarah has just been made a member of the bar and is going to open her own law office. You will be her first employee! What advice can you give her about professional liability insurance. Question 4
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inventory‚ salaries‚ and material‚ and revenue is generated through sales. When revenue are higher than the expenses‚ the company has an operating profit‚ and the company has an operating loss when the expenses exceed the operating revenue. 2) The accounting equation (A=L+SE) is a fundamental business concept. Explain what this equation reveals about a company’s sources and uses of funds and the claims on company resources. The equation reveals how heavily dependent a company is on debt versus owner
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expected selling price. (iii) Dual Aspect The dual aspect concept can be defined as every transaction having a minimum of two entries into the accounting system. One represented by the assets of the enterprise and the other by the claims against it. Should there be a debit entry then there must be a credit entry as well. Due to this concept‚ the accounting equation ‘Asset = Equity + Liability’ is formed. Example: 1. Company ABC made payment of salary RM5000 by cheque to its staff. Using the dual
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ACC T 1130 Payroll Accounting Chapter 7 – Manual Project – Check Figures – 2014 Edition October 23 Journal Entries: Payroll Cash 12 11‚173.89 Cash 11 11‚173.89 Administrative Salaries 51 2‚307.69 Office Salaries 52 3‚353.08 Sales Salaries 53 3‚600.00 Plant Wages 54 5‚223.92 FICA Taxes Payable – OASDI 20.1 898.05 FICA Taxes Payable – HI 20.2 210.04 Employees FIT Payable 24 997.00 Employees SIT Payable 25 444.70 Employees SUTA Payable 25.1
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CHAPTER 3 Matching Quiz E 1. Employee’s FICA Tax Rates D 2. Form SS-4 H 3. Semi Weekly Depositor J 4. Taxable for FICA A 5. Non Taxable for FICA I 6. Self-Employed’s FICA Tax Rates C 7. Form 941 B 8. Monthly Depositor G 9. Taxable Wage Base F 10. Form SS-5 CHAPTER 3 Review Questions 1. If the person employs 1 or more individuals for performances of services in the US unless such services or employment are specifically exempt by law. 2. Defined by the common-law
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Duration | Start | Finish | Coming up with the proposal | 7 days | Wednesday‚ Nov 7‚ 2012 | Wednesday‚ Nov 14‚ 2012 | Choosing a Company | 7 days | Wednesday‚ Nov 7‚ 2012 | Wednesday‚ Nov 14‚ 2012 | Approval for service | 7 days | Thursday‚ Nov 15‚ 2012 | Thursday‚ Nov 22‚ 2012 | Data Gathering | 14 days | Friday‚ Nov 23‚ 2012 | Friday‚ Dec 7‚ 2012 | Analysis for Service | 14 days | Saturday‚ Dec 1‚ 2012 | Saturday‚ Dec 15‚ 2012 | Solution and Alternatives | 14 days | Saturday‚ Dec 1‚ 2012 |
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