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A: Introduction:- PPE means:- PPE means property , plant, Equipment Which is identified as Fixed asset…
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A: Ratio analysis is a quantitative approach of looking at the financial statements such as the balance…
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A:
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Q: vertical and horizontal analysis in the given data
A: Horizontal analysis shows changes in numbers from one period to another period in absolute number…
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A: What is the one Objective of an appraisal program ? a. having the employee feel more valued b.…
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A: IRR (internal rate of return) is one of the capital budgeting techniques that is used in order to…
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A: Hedging is the transfer of risk from a risky financial instrument to another instrument by buying or…
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A: Post audit: A combination of procedures for assessing a capital budgeting decision afterward the…
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A: The analysis of financial statements is the method of review for the decision-making of a firm's…
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A: Descriptive Statistics: Analysis of data that helps in describing, showing or summarizing data in a…
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A: Data is the combination of raw facts which is used for providing information and conclusions to the…
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A: Definition : Benchmarking can be understood as the method of contrasting company procedures and…
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A:
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A: As an organization expands, it needs to take important decisions that involve immense capital…
Q: Explain the measurement attributes employed in GAAP.
A: The measurement attributes employed in GAAP are as follows: Historical Cost Net Realisable Value…
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- ehergy drinks and n you during ing the foot, s re s and Patisser x pt.php?attempt=2880962&cmid=866264 .E Enduring Word Bibl. b My Questions | bart. nancial Aid Student Accounts Resources Campus Store Beginning Inventory $11,500 Dairy Alternative Purchases (+) $1,000 Produce Purchases (+) $500 Protein Purchases (+) $1,000 Dry Goods Purchases (+) $1,000 Ending Inventory (-) $10,900 Food Cost (=) $4,100 Revenue (+) $12,500 Food Cost % (=) 32.8% If the Ending Inventory increases and everything else remains the same, what happens to the Food Cost? Select one: a. Food cost increases because the difference between ending inventory and beginning inventory is greater. b. Food cost decreases because the difference between beginning inventory and ending inventory is less. c. Food cost decreases because the difference between ending inventory and beginning inventory is greater. d. Food cost increases because the difference between ending inventory and beginning inventory is less.and Patisser X ot.php?attempt=D2880962&cmid=866264 . E Enduring Word Bibl. b My Questions | bart. nancial Aid Student Accounts Resources Campus Store If the Revenue (sales) decreases and everything else remains the same, what happens to the Food Cost percentage? Why? Beginning Inventory $11,500 Dairy Alternative Purchases (+) $1,000 Produce Purchases (+) $500 Protein Purchases (+) $1,000 Dry Goods Purchases (+) $1,000 Ending Inventory |(-) $10,900 Food Cost (=) $4,100 Revenue (+) $12,500 Food Cost % (=) 32.8% Select one: a. Food cost % decreases because the ratio of food cost to revenue will be higher. b. Food cost % increases because the ratio of food cost to revenue will be lower. c. Food cost % decreases because the ratio of food cost to revenue will be lower. d. Food cost % increases because the ratio of food cost to revenue will be higher.gageNOWv2 | Online teachin X * Cengage Learning G 8000x2% - Google Search akeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress3false W. h eBook Show Me How A Calculator Sales-related transactions Sayers Co. sold merchandise on account to a customer for $80,000 terms 2/10, n/30. The cost of the goods sold was $58,000. a. Journalize Sayers' entries to record the sale, using the net method under a perpetual inventory system. If an amount box does not require an entry, leave it blank. b. Journalize the receipt of payment within the discount period. If an amount box does not require an entry, leave it blank. 88 c. Journalize the entry to record the receipt of payment beyond the discount period of 10 days. If an amount box does not require an entry, leave it blank. US 8:35 acer
- A CengageNOWv2 | Online teaching and learning resource from Cengage. eBook Revenue Recognition Principle Heartstrings Gift Shoppe sells an assortment of gifts for any occaslon. During October, Heartstrings started a Gift-of-the-Month program. Under the terms of this program, beginning in the month of the sale, Heartstrings would select and deliver a random gift each month, over the next 12 months, to the person the customer selects as a recipient. During October, Heartstrings sold 20 of these packages for a total of $10,956 in cash. Required: For the month of October, calculate the amount of revenue that Heartstrings will recognize. 10,956 X Feedback Check My Work Apply the revenue recognition principle, which states that revenue is recognized when earned and the collection of cash is reasonably assured. Previous Next Check My Work Suhmit Assignment for Grading Couo and ExitYOUTube * Maps Traducir e eSantaFe Iriciar s. Mid Term, Chapters17 Saved TB MC Qu. 6-99 The following information pertains to... 40 The following information pertalns to Julla & Company. March 1 Beginning inventory = 29 units & $5.90 ts March 3 Purchased 17 units @ 3.50 March 9 Sold 24 units 8.70 What is the cost of goods sold for Julia & Company assuming it uses LIFO? (Do not rou nearest dollar amount.) Multiple Cholce $101Digital Learning * CengageNOwv2 | Online teachir * Cengage Learning + Assignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false A eBook Show Me How Percent of Sales Method At the end of the current year, Accounts Receivable has a balance of $555,000; Allowance for Doubtful Accounts has a credit balance of $5,000; and sales for the year total $2,500,000. Bad debt expense is estimated at 1/4 of 1% of sales. a. Determine the amount of the adjusting entry for uncollectible accounts. b. Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense. Accounts Receivable 24 Allowance for Doubtful Accounts Bad Debt Expense %24 c. Determine the net realizable value of accounts receivable. Feedback Check My Work a. Remember that since accounts receivable are created by credit sales, uncollectible accounts çan be estimated as a percent of credit sales. If the portion of credit sales to sales id relatively constant, the…
- Pinoy Desserts Café Monthly Sales Report (December 2017) Total Profit Item Number of Items Sold Selling Price Turon Php 128,115 8,541 Php 15 Halo-halo Php 60,600 1,212 Php 50 Mais con Yelo Php 25 1,334 Php 33,350 Saba con Yelo 784 Php 25 Php 25 Sorbetes 968 Php 19,600 Php 24,200 Php 265,865 GRAND TOTAL 12,839 Interpretation of the dataC University of Technology and App X O BAFI2109/BAFI2110: CalculationX A moodle.nct.edu.om/mod/assign/view.php?id=47174 NCT e-Learning Portal Courses Reports e-Services - Academic Departments ETC - CIMS Soher Humai REN MOVing Forward Calculation of Profitability ratios - submission From the following data, calculate (a) Gross profit ratio (b) Net profit ratio Sales RO 300,000 Sales returns RO 10,000 Opening stock RO 70,000 Closing stock RO 25,000 Direct expenses RO 40,000 Purchases RO 140,000 Net profit RO 40,000 Share Capital RO 100,000 Reserve and Surplus RO 25,000 Long term Loans RO 50,000 Submission statusType the formulas to calculate the following: In cell B9, calculate the grand total amount owing for all customers. In ce E KBC DFGHJ1 Cost Retail 2 Mussels R12,40 R21, 70 3 Crabs R25, 60 R44,804 Markup % 75,0% 5 Discount % 8,5% EFT 6 VAT % 15 89 Total Sales 10 Cost of Sales 11 Profit or Loss No of 12 Customers No of Crab 13 Customers Sales of Mussel 14 Customers 15 Can
- p.mheducation.com/ext/map/index.html?_con=con&external_browser%3D0&launchUrl=https%253A%252F%252Flms.mhe D and P Indeed 6 Monster Jobs w Degree Programs O L02 A Hearn: Student Da.. 6 Consumer Center ework: Assignment 1 i Saved Perez Company reported the following operating results for two consecutive years: Required Compute each income statement component for each of the two years as a percentage of sales due to rounding. Round your percentage answers to 1 decimal place. (i.e., 0.234 should be e PEREZ COMPANY Vertical Analysis of Income Statements Percentage of Sales Percentage of Sales Year 4 Year 3 Sales 1,077,500 00S'000'L Cost of goods sold 550,275 000 Z09 Gross margin on sales 450,225 475,500 Operating expenses 130,500 149,800 319.725 325,700 Income before taxes 79.700 81,800 Income taxes 240.025 243.900 % Net incometempt.php?attempt=2891395&cmid=866300 e. A fr. Enduring Word Bibl.. My Questions | bart. Financial Aid Student Accounts Resources Campus Store Weekly (Feb 21-27) Projected Actual Difference Food Cost $6,971 $7,842 +$871 (over) Beverage Cost $3,954 $4,156 +$202 (over) Labor Cost $8,423 $9,541 +$1,118 (over) Other Costs $7,645 $7,645 $0 (even) Total Costs $26,993 $29,184 +$2191 (over) Food Sales $18,565 $14,326 -$4,239 (under) Beverage Sales $12,872 $10,852 -$2,020 (under) Total Sales (Revenue) $31,437 $25,178 -$6,259 (under) Total Profit $4,444 -$4,006 -$8,450 (under) What were the results of the restaurant's projected revenue, relative to its projected costs? Select one: a. Profit b. Loss c. Break-even Weekly (Feb 21-27) Projected Actual Difference Food Cost $6,971 $7,842 +$871 (over)own): Week 31 x CU122-0 2201 (Brown): Week 4 x Week 6: Culmination Knowledge x npt.php?attempt=D29214128cmid=866335 fr. E Enduring Word Bibl. b My Questions | bart. Financial Aid Student Accounts Resources - Campus Store g and Cost Control 2202-DeWitt s/ CE167-0 2202 (DeWitt)/ Week 6: Menu Prices Week 6: Culmination Knowledge Check Chef Amy does beginning inventory on Thursday night and finds that she has $4194 in food products in the restaurant. Throughout the week she purchases: • $2088 produce, • $1678 protein, • $870 dry goods, and • $3914 dairy. The following Thursday she does ending inventory and finds that she has $3464 in food. She looks at her sales and finds that she made $30541 over the same 7 day period. What is her total food cost? Select one: a. $12,744 K b. $16,208 c. $8,550 d. $9,280 Chef Fabio does beginning inventory on Thursday night and finds that he has $1456 in food products in the restaurant,. Throughout the week he ered purchases: 1.00 • $457 produce, • $632…