Select a publicly-traded company and access the company’s most recent annual report (select the “Investors” menu item). Locate the notes to the financial statements and identify the information topics disclosed in these footnotes and explain the reasons for disclosure. Please no answer that has already been listed Thanks and cite if needed, please?

Select a publicly-traded company (the home depot inc.) and access the company’s most recent annual report (select the “Investors” menu item). Locate the notes to the financial statements and identify the information topics disclosed in these footnotes and explain the reasons for disclosure. Please no answer that has already been listed Thanks and cite if needed, please?

Companies where IT is an important part of their product offerings presumably also have a sales force that is well versed in technology. Why is it then necessary to take the CIO along on customer visits? Discuss

1. How companies account for defined benefit, defined contribution, and postretirement benefit plans?

Question 1
Norway (Pty) Ltd is a divisionalised company, where the divisional managers’ remuneration packages are linked to the return on investment of their divisions. Return on investment is based on the net book value of assets employed in the division at the beginning of the financial year. On average, divisional managers remain in their posts for a three-year period.
The manager of the Scandinavian division is considering two mutually exclusive alternative proposals for investing in new machinery. These proposals both involve an initial outlay of R250 000, but will yield different levels of savings over the life of the machinery, which is estimated at five years, after which they will have no residual value. Norway (Pty) Ltd ‘s depreciation, is calculated on a straight-line basis.
The savings will give rise to increased cash flows as follows:
Year
Machine
A
Cash flows
B
Cash flows
1
80 000
100 000
2
80 000
90 000
3
80 000
80 000
4
100 000
60 000
5
100 000
40 000
Required:
1. Appraise each project, using
a) return on investment, as described above
b) net present value, using the company’s cost of capital of 6%
15 marks
Based on your results from (1), explain which machine the divisional manager is likely to choose and discuss the potential conflict between performance measurement and investment appraisal.

Outose Concept manufactures small tables in its Processing Department. Direct materials are added at the initiation of the production cycle and must be bundled in single kits for each unit. Conversion costs are incurred evenly throughout the production cycle. Before inspection, some units are spoiled due to undetectable materials defects. Spoiled units generally constitute 44% of the good units.

Data for December 2017 are as follows:

WIP, beginning inventory 12/1/2017 22,700 units

    Direct materials (100% complete)

 Conversion costs (75% complete)

Started during December 77,000 units

Completed and transferred out 12/31/2017 72,900 units

WIP, ending inventory 12/31/2017 18,000 units

  Direct materials (100% complete)

     Conversion costs (70% complete)

Costs for December:     

WIP, beginning Inventory:  

   Direct materials $152,000

Conversion costs 77,200

Direct materials added 232,400

   Conversion costs added 296,000

What is the total cost per equivalent unit using the weighted−average method of process costing? (Round any cost per unit calculations to the nearest cent.)

1. Please describe the difference between an accounts receivable and a notes receivable.

2. There are times when businesses cannot collect the money that is owed to them by their customers. When this happens, businesses incur an expense. There are two methods for recording uncollectible receivables. They are the allowance method and the direct write off method. Please explain the difference between these two methods.

*****Please post your answer as a typing or text, not as a photo!!!

Baden Company has gathered the following information. Units in beginning work in process 0 Units started into production 43,900 Units in ending work in process 8,500 Percent complete in ending work in process: Conversion costs 40 % Materials 100 % Costs incurred: Direct materials $80,500 Direct labor $68,700 Overhead $103,800

Speedy Pty Ltd operates a suburban delivery business. It is considering the replacement of a 2-ton van with a 3-ton van. Detail of the respective vehicles are as follows:

The after-tax cost of capital 10%pa and the tax rate is 30%. Management is considering the following alternatives: replace now or Replace in three years which alternative should be accepted? Explain your decision.

1. Please describe the difference between an accounts receivable and a notes receivable.

2. There are times when businesses cannot collect the money that is owed to them by their customers. When this happens, businesses incur an expense. There are two methods for recording uncollectible receivables. They are the allowance method and the direct write off method. Please explain the difference between these two methods.

*****Please post your answer as a typing or text, not as a photo!!!

Topic = Strategy

defination (100 words )

explain (150 words )

and give two examples ( eg. how it works , steps involved use and limitations and specific products organisations or issues and etc ) around 150 words

plagiarism free

. The following information pertains to Feyenoord, Inc.:

1. Net income for the year 2019 equals $ 360,000.
2. Since the beginning of year, $200,000 of convertible bonds (issued at par) were outstanding. Each of the 200, $1,000 bonds can be converted into 50 shares of common stock for the next 10 years. None of these bonds were converted during the year.
3. Since the beginning of the year, stock warrants were outstanding to buy 16,000 shares of common stock at $10 per share. None of these warrants were exercised during the year.
4. During the entire year, 200,000 shares of $5 par common stock were outstanding.
5. Feyenoord's income tax rate for the year is 30%.
6. The average market price for common stock during 2019 was $16.

Compute basic and diluted earnings per share for the year 2019.

MicroMem is a​ fast-growing manufacturer of computer chips. Direct materials are added at the start of the production process. Conversion costs are added evenly during the process. Some units of this product are spoiled as a result of defects not detectable before inspection of finished goods. Spoiled units are disposed of at zero net disposal value. MicroMem uses the​ weighted-average method of process costing. Summary data for September 2017 are as​ follows:

Question: Finally, assign total costs to units completed and transferred out​ (including normal​ spoilage), to abnormal​ spoilage, and to units in ending work in process. ​(Round your answers to the nearest whole dollar. Note that the total costs account for direct materials and conversion costs may not equal the total production costs due to​ rounding.)

Answer:

1. Please describe the difference between an accounts receivable and a notes receivable.

2. There are times when businesses cannot collect the money that is owed to them by their customers. When this happens, businesses incur an expense. There are two methods for recording uncollectible receivables. They are the allowance method and the direct write off method. Please explain the difference between these two methods.

*****Please post your answer as a typing or text, not as a photo!!!

Assignment #3 – The Accounting Cycle in Review This assignment is out of 101 marks and is weighted 15% of your final grade.

Comprehensive Question- Jerry’s Mobile Car Wash Jerry Fish opened Jerry’s Mobile Car Wash on Sept 1, 2017.

In Sept, the following transactions were completed.

Sept 1 Invested $14,000 cash in the business

1 Purchased a used truck for $26,400, paying $6,400 cash and signing a note payable for the balance

1 Collected $3,000 from XYZ for their car cleaning needs for Sept, Oct, and Nov.

3 Purchased cleaning supplies on account for $850

5 Paid $1,800 on a one-year insurance policy, effective Sept 1

12 Billed customers $3,800 for cleaning services

18 Paid $400 of amount owed on cleaning supplies

20 Paid $1,600 for employee's salaries

21 Collected $1,400 from customers billed on Sept 12

25 Billed customers for $3,000 for cleaning services

30 Paid gas and oil for the month on the truck $350

30 Withdrew $1,600 to pay personal property taxes

Additional Information:

1. Annual payments of $2,000 are required on the note.

Required:

1. Journalize and post the Sept transactions. Jerry;s Mobile Car Wash records all prepaid expenses and unearned revenues as assets and liabilities

2. Prepare an unadjusted trial balance at Sept 30, 2017.

3. Journalize and post the following adjustments

a. Earned and unbilled fees at Sept 30, 2017 were $1,500.

b. The truck has an estimated useful life of four years and no residual value.

c. The insurance policy is effective Sept 1, 2017 and expires on August 31, 2018

d. An inventory count shows $375 of cleaning supplies on hand at Sept 30, 2017

e. At Sept 30, 2017, $1,000 of the fees collected in advance have been earned.

f. Accrued but unpaid employee salaries were $400.

g. The note payable has a 6% annual interest rate.

4. Prepare an adjusted trial balance at Sept 30, 2017.

5. Prepare in good form an Income Statement, Statement of Owner’s Equity and a Classified Balance Sheet for the month ended Sept 30, 2017.

6. Journalize and post the closing entries.

7. Prepare a post closing trial balance at Sept 30, 2017.

8. Jerry’s Mobile Car Wash has chosen to prepare reversing entries. Prepare necessary reversing entries in October 2017. They do not need to be posted.

Important Note:

Templates can be found on the blackboard under the tab “Activities and Assignments. Use of these templates is highly recommended.

The following template In Excel are available

 General Journal, General Ledger and Trial Balances

Check Figures:

 The balance in the cash ledger account is $6,250 on the debit side

 The closing balance in Jerry Fish, Capital at September 30, 2017 is $18,075 on the credit side.

Tips

 Posting references are required

 All entries should be posted into one general ledger (not 3

)  In the general ledger, the particulars column can be left blank

 You must number each page of the general journal

 There are plenty more hints and tips on the discussion board