Why performance ratio in a business or company is important?? *Purpose of performance ratio? *Advantage? *Disadvantage?

Q: Question 3: Which of these is not an estimate used to determine depreciation expense? Answer: A. B.…

A: Depreciation is of revenue nature.It is needed to be charged on asset over life of the asset.It is…

Q: Enterprises whose ordinary shares and potential ordinary shares are publicly traded are required to…

A: 1)Basic earnings per share for the period.   = Earnings available for Common shareholders ÷ Weighted…

Q: In general, consolidated financial statements should be prepared: O whenever the market value of the…

A: Consolidate financial statements refers when two or more companies financial statements are combined…

Q: (Contingent Fees) Fatima Alabanza is president of Sizzling Corporation, a nonpublic manufacturer of…

A: Here discuss about the details of the violation of code of ethics which are incurred while accepting…

Q: 6. China Airlines Inc., a resident foreign corporation, has the following data for the taxable year…

A: In the context of the given question, we are required to compute the income tax payable for the year…

Q: yran, ($88,000), payroll deductions for income tax ($8,800), payroll deductions for FICA ($6, 600),…

A: This question belongs to the accounting for Income Tax purposes. In the given question, Notice…

Q: An investor buys a five-year, 7.5% annual coupon bond priced to yield 5%. The investor plans to sell…

A: Macaulay duration=∑Present Value of Time-Weighted Cash Flows∑Present Value of Cash Flows

Q: Question Content Area Use the information below to answer the following question. The following…

A: INTRODUCTION: Instead of utilizing the individual unit costs of a large number of comparable units,…

Q: Which two of the following would generally be regarded as non-current (or fixed) assets? a. A…

A: The asset refers to the resource of the entity that helps in generating the revenue. The assets can…

Q: Finch and Gerhardt are partners. Finch's capital balance is P100,000 and Gerhardt's is P140,000 They…

A: Partnership is an agreement between two or more partners for forming a business and sharing the…

Q: An independent contractor or self-employed person's employer is not required to deduct taxes, CPP,…

A: Benefits provided by employers when an employee works for a company, then every employer has to…

Q: c) Explain why agency costs would probably be more of a problem for a large, publicly owned firm…

A: Agency cost arise due to the conflict of interest present in between management and shareholders.…

Q: On January 1, 2020, PS ind issued P600,000 of 7% bonds, due in 10 years. The bonds were issued for…

A: Introduction: Journal entries are the basis of double accounting rules, which have been used for…

Q: A certain company has the capacity to produce 500,000 units of a product yearly. This year, the…

A:

Q: Tequila Mockingbird, Inc. has total costs of $70,000 when it sells 10,000 units.  If total fixed…

A: Cost: Cost in accounting can be explained as the amount that is borne by a company or an…

Q: Quality Chairs Incorporated (QC) manufactures chairs for industrial use. Laura Winters, the Vice…

A: Current profit can be calculated by deducting the cost per unit from the total sales price.

Q: Barry and Mary know that pension sharing can result in tax savings. Both are 65 years old and have…

A: Quebec Pension Plan (QPP) This was the retirement pension plan which was beneficial to the employees…

Q: Planet of the Crepes, Inc. is preparing its master budget for its first month of business. It…

A: Master Budget: Master Budget is prepared by the company to plan its yearly Revenue and Expenses.…

Q: Stocks VS Bond

A: All companies requires funds for business operations. They can raise funds by issuing stock of…

Q: (a) (b) EQUIRED: (c) Compute for Daniel's pre-tax accounting profit for the years 2020, 2021, 2022…

A: 2020 2021 2022 2023 Income Before Deducting Dep. 800000 890000 1200000 1500000 Less:…

Q: This idea states that there will always be someone who is willing to pay for an asset at a higher…

A: Dividend growth model is about determination of market price by using dividend and it's growth.…

Q: Compute the income tax payable for 2X18.

A: Income tax payable which are payable by the corporation which are international carrier which are…

Q: Variable Costing Income Statement On April 30, the end of the first month of operations, Joplin…

A: A variable costing income statement subtracts all variable revenue and expense to get at a…

Q: Boys with their decisions by answering the following questions: (Leave no answer blank. Enter zero…

A: Marginal Tax Bracket - Marginal tax brackets reflect the tax brackets that will apply to an…

Q: What is the adjusted trial balance?

A: Unadjusted trial balance as on 30th September and a few adjustments are given. Adjusted trial…

Q: Howat Corporation earned $360,000 during a period when it had an average of 100,000 shares of common…

A: Net income of the corporation=$360,000 Number of common shares outstanding=100,000 Number of…

Q: BR Company has a contribution margin of 16%. Sales are $446,000, net operating income is $71,360,…

A: Return On Investment:     This ratio is one of the most important ratios for calculating overall…

Q: Advanced Learning Institute, an educational institution, provided the following data for the current…

A: Given that, School miscellaneous fees = P1,500,000  Income from tuition fees = P3,500,000  Dividend…

Q: 1. From the following particulars, You are required to calculate total wages under Hallsay premium…

A: Here in this question we are required to calculate total wages in the Hall say premium plan. In this…

Q: #29 Complete the statement: For book value per share purposes, non-participating preference share…

A: Preference shares are the shares in which dividend is pre fixed at a particular rate on face value…

Q: A man's investment of P100,000 is expected to yield a regular income of P25,000 per year for 10…

A: Benefit Cost Ratio:— This Ratio shows the Relationship between Present Value of benefits   &…

Q: QUESTION 36 Pasta Disasta, Inc. is preparing its master budget for its first quarter of business. It…

A: Total cash payment for Inventory shall be calculated on the basis 70% of  total payable shall be…

Q: The home office sent merchandise costing P300,000 to Branch 1 at a gross profit of 20%. Freight on…

A: Given, The home office sent merchandise costing P300,000 to Branch 1 at a gross profit of 20%.…

Q: Metlock Inc., a fertilizer company based in Saskatchewan, had the following information in its…

A: (Note: Since you have posted a multi-part question, we will solve the first three parts for you. For…

Q: . Pacific Airlines, an international carrier, showed the following gross receipts for 2X18: Point of…

A: As per Sec 28(A)(3) the international carriage business conducted by the companies in the…

Q: How can an organisation use their information system to prevent employees from making inappropriate…

A: Here discuss about the details about find out of the fraudulent purchases which are related with the…

Q: Ex.8: The following data were extracted from a records an industrial company in 31/12/2005: 1-…

A: An income statement is a financial report that indicates the revenue and expenses of a business. It…

Q: Current Attempt in Progress The cost of goods sold computations for Flint Company and Pina Colada…

A: INTRODUCTION: The investment turnover ratio informs investors about how well a firm uses its…

Q: 3. Norte De University, a pr

A:

Q: Ysabelle Industries, Inc. has an opportunity to acquire a new equipment to replace one of its…

A: The answer for the multiple choice question and relevant working are presented hereunder : Present…

Q: scuss in detail Five benefits and dra

A: Accounting : Accounting means to keep the records and prepared the financial statements to know…

Q: Chicken Wings Company has 60,000 shares of Fried Chicken Company ordinary share as equity…

A: Here discuss about the details of the equity investment which are in the fair value through other…

Q: Question 12 of 20: Select the best answer for the question 12. Financial statements report financial…

A: The financial statements of the business includes the income statement and balance sheet of the…

Q: Take into account the possibility of raising the cost of a good with an 8% profit margin. Calculate…

A: Suppose Sale price of the product is 100 and variable cost of product is 92 and the profit is 8. the…

Q: On January 1, 2022, ABC Co. has 100,000 outstanding ordinary shares. On May 1, 2022, ABC issued…

A: On May 1, 2022, ABC issued 3,000 P 1,000 convertible bonds payable with 12% rate By October 1 of the…

Q: Question: A Company purchases a machine at the beginning of the year at a cost of $66,000. The…

A: As per the given information: Cost of machinery purchased - $66,000 Useful life of the machine - 4…

Q: Shoes Wisely, Inc. allocates overhead using machine hours as the allocation base.  The following…

A: Predetermined overhead rates are used to calculate the applied overhead on the basis of actual…

Q: An investor buys a five-year, 7.5% annual coupon bond priced to yield 5%. The investor plans to sell…

A: Horizon yield is the sum total of the internal rate of return and the current purchase price of the…

Q: o our authors, define “gross profit" and provide an example.

A: Gross Profit is the margin that a business wanted to earn on selling the goods or service, its…

Q: Company has an employee, Sue Nami, who has an estimated net income of $104,000 in 2022. Sue will be…

A: Income Tax: It is the charge levied on the income of the individual or company by the govt. as per…