BPA 301 Week 1 Individual Assignment Article Analysis Paper

BPA 301 Week 1 Individual Assignment Article Analysis Paper

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BPA 301 Week 1 DQ 3

BPA 301 Week 1 Discussion Question 3

Why do you think local governments are having such a problem funding the services that their constituents demand? Give an example of this situation in your local community or one that you are familiar with, and explain why this is a problem. Connect this to some of the course material you’ve explored this week to back up, support and substantiate your points.

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ACC 557 Week 10 Assignment 2: You Are an Investment Analyst

Assignment 2: You Are an Investment Analyst
Due Week 10 and worth 320 points

As the CFO of your corporation, you are in charge of preparing and analyzing financial statements that will be presented to potential investors and creditors. However, before you can present the financial statements to investors and creditors, you need to prepare the financial statements with supporting analysis. Select one (1) pair of the following companies to conduct your financial statement analysis.
•    Pepsi versus Coca Cola, or
•    Amazon versus eBay

Write an eight to ten (8-10) page paper in which you:
1.    Analyze each company’s history, product / services, major customers, major suppliers, and leadership, and provide a synopsis of each company.
2.    Identify three (3) profitability ratios that creditors may be interested in. Calculate the ratio for each company, and prepare a report to summarize your findings on the financial health of each company. Also, recommend to management the manner in which they can improve each of the three (3) ratios identified.
3.    Summarize at least two (2) news events (this may include mergers, acquisitions, or political issues) that occurred from 2012 to the present day, and analyze the impact that these events had on each company’s financial statements. Indicate the primary way in which the merger, acquisition or political issues influence potential investors’ and creditors’ perception of both companies.
4.    Analyze each company’s income statement over the past two (2) years, and determine which company outperformed the other. Suggest a way in which the lagging company can improve its income. Support your suggestion with a specific analysis.
5.    Analyze each company’s balance sheet. Prepare a vertical analysis for each company, interpret the results, and write a financial report. Also, suggest the manner in which the company that is not performing well can improve its balance sheet in order for it to be attractive to potential investors.
6.    Use at least four (4) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources.

Your assignment must follow these formatting requirements:
•    Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
•    Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:
•    Prepare and analyze financial statements including the balance sheet, income statement, and statement of cash flow according to GAAP and IFRS.
•    Calculate financial ratios, interpret results, and draw conclusions.
•    Use technology and information resources to research issues in financial accounting.
•    Write clearly and concisely about financial accounting using proper writing mechanics.

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BPA 301 Week 1 DQ 2


BPA 301 Week 1 Discussion Question 2

Define at least three (3) of the following major theories in the development of public administration (Formalistic, Reactionary, The New Public Administration, Post New Administration). Within your definitions and explanations, identify at least two (2) individual/theorists, or people who made great contributions to the theory or beliefs, explaining why. Be sure to explain your understanding completely using your reading from the text and course materials.

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BPA 301 Week 1 DQ 1

Based on your readings and explorations of the text, define and describe Federalism, explaining what it is, what it means, and how you think it has changed over time. Do you think the modern day use of “federalism” reflects its original intended meaning? Why or why not? Please explain using your reading of the text, course materials and research this week.

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ACC 557 Week 9 WileyPlus (Chapter 13) – Answer Key

Exercise 13-3 Tim Latimer Corporation had the following transactions.

1.    Sold land (cost $13,116) for $10,930.
2.    Issued common stock at par value for $22,930.
3.    Recorded depreciation on buildings for $13,070.
4.    Paid salaries of $6,270.
5.    Issued 1,280 shares of $1 par value common stock for equipment worth $9,160.
6.    Sold equipment (cost $14,400, accumulated depreciation $11,520) for $4,608.
For each transaction above, prepare the journal entry. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Exercise 13-4 Bracewell Company reported net income of $197,220 for 2014. Bracewell also reported depreciation expense of $47,530 and a gain of $5,440 on disposal of plant assets. The comparative balance sheet shows an increase in accounts receivable of $15,460 for the year, a $17,930 increase in accounts payable, and a $4,140 decrease in prepaid expenses.
Prepare the operating activities section of the statement of cash flows for 2014. Use the indirect method. (Show amounts that decrease cash flow with either a – sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Exercise 13-6 The three accounts shown below appear in the general ledger of Chaudry Corp. during 2014.
Date                                                                                Debit    Credit    Balance
Jan. 1    Balance        158,610
July 31    Purchase of equipment                                      69,640        228,250
Sept. 2    Cost of equipment constructed                          51,840        280,090
Nov. 10    Cost of equipment sold    48,140    231,950

Accumulated Depreciation—Equipment
Date    Debit    Credit    Balance
Jan. 1    Balance        69,970
Nov. 10    Accumulated depreciation on equipment sold  29,320        40,740
Dec. 31    Depreciation for year    22,870    63,610

Retained Earnings
Date    Debit    Credit    Balance
Jan. 1    Balance        105,510
Aug. 23    Dividends (cash)                                                15,490        90,020
Dec. 31    Net income    68,350    158,370
From the postings in the accounts, indicate how the information is reported on a statement of cash flows using the indirect method. The loss on disposal of plant assets was $4,190. (Hint:Cost of equipment constructed is reported in the investing activities section as a decrease in cash of $51,840.) (Show amounts that decrease cash flow with either a – sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Problem 13-3A The income statement of Toby Zed Company is presented here.

Toby Zed Company
Income Statement
For the Year Ended November 30, 2014
Sales revenue    $7,562,500
Cost of goods sold
Beginning inventory    $1,893,100
Purchases    4,429,900
Goods available for sale    6,323,000
Ending inventory    1,480,200
Total cost of goods sold    4,842,800
Gross profit    2,719,700
Operating expenses    1,097,700
Net income    $1,622,000
Additional information:
1.    Accounts receivable increased $207,500 during the year, and inventory decreased $412,900.
2.    Prepaid expenses increased $170,800 during the year.
3.    Accounts payable to suppliers of merchandise decreased $348,300 during the year.
4.    Accrued expenses payable decreased $107,800 during the year.
5.    Operating expenses include depreciation expense of $90,400.
Prepare the operating activities section of the statement of cash flows for the year ended November 30, 2014, for Toby Zed Company, using the indirect method. (Show amounts that decrease cash flow with either a – sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Problem 13-7A Presented below are the financial statements of Rajesh Company.

Rajesh Company
Comparative Balance Sheets
December 31
Assets        2014        2013
Cash        $36,180            $19,690
Accounts receivable        32,330            19,290
Inventory        29,630            20,250
Equipment        59,060            77,620
Accumulated depreciation—equipment        (29,050    )        (23,730    )
Total        $128,150            $113,120

Liabilities and Stockholders’ Equity
Accounts payable        $28,130            $16,050
Income taxes payable        7,290            8,200
Bonds payable        27,660            33,560
Common stock        17,540            14,000
Retained earnings        47,530            41,310
Total        $129,150            $113,120

Rajesh Company
Income Statement
For the Year Ended December 31, 2014
Sales revenue        $242,730
Cost of goods sold        175,170
Gross profit        67,560
Operating expenses        23,620
Income from operations        43,940
Interest expense        3,980
Income before income taxes        39,960
Income tax expense        7,140
Net income        $32,820

Additional data:
1.        Depreciation expense is 14,220.
2.        Dividends declared and paid were $26,600.
3.        During the year equipment was sold for $9,660cash. This equipment cost $18,560 originally and had accumulated depreciation of $8,900 at the time of sale.

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ACCT 434 Week 7 – Quality Control Inventory Management – Quiz

ACCT 434 Week 7 – Quality Control Inventory Management – Quiz

1. Question: (TCO 11)The four cost categories in a cost of quality program are

2. Question: (TCO 11) ________ is a formal means ofdistinguishing between random and nonrandom variation in an operatingprocess.

3. Question:(TCO 11) Which of the following is NOT one of the steps in managingbottlenecks under the theory of constraints?

4. Question: (TCO 11)Scrap is an example of

5. Question: (TCO 11) Regal Products has a budget of $900,000 in 20X6 for prevention costs. If it decides to automate a portion of its prevention activities, it will save $60,000 in variable costs. The new method will require $18,000 in training costs and $120,000 in annual equipment costs. Management iswilling to adjust the budget for an amount up to the cost of the new equipment. The budgeted production level is 150,000 units. Appraisal costs for the year are budgeted at $600,000. The new prevention procedures will save appraisal costs of $30,000. Internal failure costs average $15 per failed unit of finished goods. The internal failure rate is expected to be 3%of all completed items. The proposed changes will cut the internal failure rate by one-third. Internal failure units are destroyed. External failure costs average $54 per failed unit. The company’s average external failuresaverage 3% of units sold. The new proposal will reduce this rate by 50%. Assume all units produced are sold and there are no ending inventories. How much will appraisal costs change assuming the new prevention methods reduce material failures by 40% in the appraisal phase?

6. Question: (TCO 12) Which of the following is NOT a major feature of a just-in-timeproduction system?

7. Question: (TCO 12)Quality costs include

8. Question: (TCO 12) Which of the following statements about theeconomic-order-quantity decision model is FALSE?

9. Question: (TCO 12) When using a vendor-managed inventory system to enhance thefeatures of supply-chain management, a challenging issue is

10. Question: (TCO 12) Liberty Celebrations, Inc., manufactures a line of flags. The annual demand for its flag display is estimated to be 100,000 units. The annual cost of carrying one unit in inventory is $1.60, and the cost to initiate a production run is $40. There are no flag displays on hand butLiberty had scheduled 60 equal production runs of the display sets for the coming year, the first of which is to be run immediately. Liberty Celebrations has 250 business days per year. Assume that sales occur uniformly throughout the year and that production is instantaneous.
If Liberty Celebrations does not maintain a safety stock, the estimated total carrying cost for the flag displays for the coming year is

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ACCT 434 Week 6 – Customer Profitability Capital Budgeting – Quiz

ACCT 434 Week 6 – Customer Profitability Capital Budgeting – Quiz

1. Question: (TCO 9) To guide cost allocation decisions,the benefits-received criterion

2. Question: (TCO 9) A challenge to using cost-benefit criteria for allocating costs isthat

3. Question: (TCO 9) The MOST likely reason for NOT allocating corporate costs todivisions include that

4. Question: (TCO 9)Identifying homogeneous cost pools

5. Question: (TCO 9) The Hassan Corporation has an electric mixer division and an electric lamp division. Of a $20,000,000 bond issuance, the electric mixer division used $14,000,000 and the electric lamp division used $6,000,000 for expansion. Interest costs on the bond totaled $1,500,000 for the year. What amount of interest costs should be allocated to the electric lamp division?

6. Question: (TCO 10) All of the following are methods that aid management in analyzingthe expected results of capital budgeting decisions EXCEPT the

7. Question: (TCO 10) Assume your goal in life is to retire with $1.5 million. Howmuch would you need to save at the end of each year if interest ratesaverage 5% and you have a 25-year work life?

8. Question: (TCO 10) Thedefinition of an annuity is

9. Question: (TCO 10) A “what-if” technique that examines how a result will change ifthe original predicted data are not achieved or if an underlying assumptionchanges is called

10.Question: (TCO 10) Shirt Company wants to purchase a new cutting machine for itssewing plant. The investment is expected to generate annual cash inflowsof $300,000. The required rate of return is 12% and the current machine isexpected to last for four years. What is the maximum dollar amount ShirtCompany would be willing to spend for the machine, assuming its life is alsofour years? Income taxes are not considered.

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ACCT 434 Week 4 – Midterm

ACCT 434 Week 4 – Midterm

1. Question:(TCO1) ABC systems create

2. Question:(TCO 1) Merriamn Company provides the following ABC costing information:

Activities Total Costs Activity-cost drivers

Account inquiry hours $400,000 10,000 hours

Account billing lines $280,000 4,000,000 lines

Account verification accounts $150,000 40,000 accounts

Correspondence letters $ 50,000 4,000 letters

Total costs $880,000

The above activities are used by Department A and B as follows:

Department A Department B

Account inquiry hours 2,000 hours 4,000 hours

Account billing lines 400,000 lines 200,000 lines

Account verification accounts 10,000 accounts 8,000 accounts

Correspondence letters 1,000 letters 1,600 letters

3. Question: (TCO 2) A master budget

4 .Question: (TCO 2) Dalyrymple Company produces a special spray nozzle. The budgeted indirect total cost of inserting the spray nozzle is $80,000. The budgeted number of nozzles to be inserted is 40,000. What is the budgeted indirect cost allocation rate for this activity?

5. Question: (TCO 3) Which cost estimation method analyzes accounts in the subsidiary ledger as variable, fixed, or mixed using qualitative methods?

6. Question: (TCO 4) In evaluating different alternatives, it is useful to concentrate on

7. Question: (TCO 5) The theory of constraints is used for cost analysis when

8. Question: (TCO 5) Schmidt Corporation produces a part that is used in the manufacture of one of its products. The costs associated with the production of 10,000 units of this part are as follows:

Direct materials $45,000

Direct labor 65,000

Variable factory overhead 30,000

Fixed factory overhead 70,000

Total costs $210,000

Of the fixed factory overhead costs, $30,000 is avoidable.

Phil Company has offered to sell 10,000 units of the same part to Schmidt Corporation for $18 per unit. Assuming there is no other use for the facilities, Schmidt should

9. Question: (TCO 3) The cost function y = 100 + 10X

10. Question: (TCO 4) Sunk costs

1.Question: (TCO 1) For each of the following drivers identify an appropriate activity.

a. # of machines

b. # of setups

c. # of inspections

d. # of orders

e. # of runs

f. # of bins or aisles

g. # of engineers

2. Question: (TCO 2) Favata Company has the following information:

Month Budgeted Sales

June $60,000

July 51,000

August 40,000

September 70,000

October 72,000

In addition, the cost of goods sold rate is 70% and the desired inventory level is 30% of next month’s cost of sales.

Prepare a purchases budget for July through September.

3. Question: (TCO 3) Patrick Ross, the president of Ross’s Wild Game Company, has asked for information about the cost behavior of manufacturing overhead costs. Specifically, he wants to know how much overhead cost is fixed and how much is variable. The following data are the only records available:

Month Machine-hours Overhead Costs

February 1,700 $20,500

March 2,800 22,250

April 1,000 19,950

May 2,500 21,500

June 3,500 23,950

Using the high-low method, determine the overhead cost equation. Use machine-hours as your cost driver.

4.Question: (TCO 5) Kirkland Company manufactures a part for use in its production of hats. When 10,000 items are produced, the costs per unit are:

Direct materials $0.60

Direct manufacturing labor 3.00

Variable manufacturing overhead 1.20

Fixed manufacturing overhead 1.60

Total $6.40

Mike Company has offered to sell to Kirkland Company 10,000 units of the part for $6.00 per unit. The plant facilities could be used to manufacture another item at a savings of $9,000 if Kirkland accepts the offer. In addition, $1.00 per unit of fixed manufacturing overhead on the original item would be eliminated.

a. What is the relevant per unit cost for the original part?

b. Which alternative is best for Kirkland Company? By how much?

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ACCT 434 Week 5 – Pricing Decisions Management Control Systems – Quiz

ACCT 434 Week 5 – Pricing Decisions Management Control Systems – Quiz

1. Question: (TCO 7) Major influences of competitors, costs, and customers on pricing decisions are factors of
2. Question: (TCO 7) The first step in implementing target pricing and target costing is
3. Question: (TCO 7) The markup percentage is usually higher if the cost base used is
4. Question: (TCO 7) An understanding of life-cycle costs can lead to
5. Question: (TCO 7) Pritchard Company manufactures a product that has a variable cost of $30 per unit. Fixed costs total $1,500,000, allocated on the basis of the number of units produced. Selling price is computed by adding a 20% markup to full cost. How much should the selling price be per unit for 300,000 units?
6. Question: (TCO 8) A product may be passed from one subunit to another subunit in the same organization. The product is known as
7. Question: (TCO 8) Transfer prices should be judged by whether they promote
8. Question: (TCO 8) When an industry has excess capacity, market prices may drop well below their historical average. If this drop is temporary, it is called
9. Question: (TCO 8) An advantage of using budgeted costs for transfer pricing among divisions is that
10. Question: (TCO 8) The seller of Product A has no idle capacity and can sell all it can produce at $20 per unit. Outlay cost is $4. What is the opportunity cost, assuming the seller sells internally?

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