Questions
McDonald's Corp. Using the Annual Report of your selected company answer the following questions in the...

McDonald's Corp.

Using the Annual Report of your selected company answer the following questions in the Discussion:

What is the breakdown of the company's current liabilities at year end?

Calculate the company's times-interest-earned ratio for the year end. What does this tell you about the company?

How much was the company's long-term debt at year end?

Compute the company's debt to equity ratio at year end. How does it compare to the industry? What does this tell you about the company?

https://finance.yahoo.com/quote/MCD/financials?p=MCD

In: Accounting

Most individual consumers in the consumer market buy goods and services for the purpose of personal...

Most individual consumers in the consumer market buy goods and services for the purpose of personal consumption or to give as gifts to others for personal consumption too. However, in the business to business or industrial market, organizations buy some fundamental things from other organizations for various direct business operational purposes relevant for their main business offerings. (a) List out only 4 direct business operational purposes for which organizations buy what they buy from other companies in the B2B market . (b) Then, using 4 different real company-examples in different B2B buying situations, explain the 4 fundamental purposes by describing what each organization does with what it buys for the operation of business

sub ject : Marketing

In: Operations Management

The analysis of the 10 types of Innovation – Individual Project You have to choose one...

  • The analysis of the 10 types of Innovation – Individual Project

You have to choose one of these industries

  1. Fashion Industry
  2. Sport Industry
  3. Information Technology Industry
  4. Food & Beverage Industry
  5. Education Industry
  6. Transportation industry (Car, Motorcycle etc.)
  7. Hotel & Tourism Industry
  8. Household Industry (Furniture / Kitchen etc.)
  9. Consumer products (e.g., Shampoo, Bath etc.)
  • Please analyze the selected business with 10 Types of Innovation
  • You have to select the most innovative business case from the selected industry
  • Please give the detailed explanation of the ten types of innovation from the company.
  • How many types of innovation do they have?
  • What are they?
  • And how do they apply these types of innovation in details? Please give a clear example with clear explanation

In: Economics

Identify the skills of the leader that are key in leading a team to move a...

Identify the skills of the leader that are key in leading a team to move a company toward a social entrepreneurial model.

  1. Investigate Hot Bread Kitchen
    1. Find Hot Bread Kitchen on the Internet (http://hotbreadkitchen.org/)
    2. What is their mission and vision?
    3. Who leads Hot Bread Kitchen and what was the motivation to start the company?
    4. What impact does Hot Bread Kitchen hope to have on stakeholders?
    5. Analyze their leadership style and qualities of Jessamyn W. Rodriguez, Founder and Chief Executive Officer
    6. What other leaders in the company hold the vision and support the social entrepreneurial model?

2. Discuss:

  1. Where would you start in developing a team to move your company into a social entrepreneurial focus?
  2. Who would you want on your team?
  3. How would get engagement from others in the company in seeing and embracing the vision?
  4. What particular leadership skills would enhance success of the move
  5. What challenges do you anticipate
  6. What methods would you use to address the challenges

In: Operations Management

Exercise 8-8A Effect of double-declining-balance depreciation on financial statements LO 8-3 Golden Manufacturing Company started operations...

Exercise 8-8A Effect of double-declining-balance depreciation on financial statements LO 8-3

Golden Manufacturing Company started operations by acquiring $127,400 cash from the issue of common stock. On January 1, Year 1, the company purchased equipment that cost $127,400 cash, had an expected useful life of six years, and had an estimated salvage value of $25,480. Golden Manufacturing earned $93,720 and $67,170 of cash revenue during Year 1 and Year 2, respectively. Golden Manufacturing uses double-declining-balance depreciation.

Required:

Prepare income statements, balance sheets, and statements of cash flows for Year 1 and Year 2. Use a vertical statements format. (Hint: Record the events in T-accounts prior to preparing the statements.) (Do not round intermediate calculations. Round your final answers to the nearest whole dollar. Amounts to be deducted and net loss should be indicated with a minus sign.

GOLDEN MANUFACTURING COMPANY
Financial Statements
Year 1 Year 2
Income statements
Balance sheets
Assets
Total assets
Stockholders’ equity
Total stockholders’ equity
Statements of cash flows
Cash flows from operating activities:
Cash flows from investing activities:
Cash flows from financing activities:
Net change in cash
Ending cash balance

In: Accounting

Golden Manufacturing Company started operations by acquiring $79,800 cash from the issue of common stock. On...

Golden Manufacturing Company started operations by acquiring $79,800 cash from the issue of common stock. On January 1, Year 1, the company purchased equipment that cost $79,800 cash, had an expected useful life of six years, and had an estimated salvage value of $15,960. Golden Manufacturing earned $97,270 and $63,200 of cash revenue during Year 1 and Year 2, respectively. Golden Manufacturing uses double-declining-balance depreciation.

Required:

Prepare income statements, balance sheets, and statements of cash flows for Year 1 and Year 2. Use a vertical statements format. (Hint: Record the events in T-accounts prior to preparing the statements.) (Do not round intermediate calculations. Round your final answers to the nearest whole dollar. Amounts to be deducted and net loss should be indicated with a minus sign.

GOLDEN MANUFACTURING COMPANY
Financial Statements
Year 1 Year 2
Income statements
$0 $0
Balance sheets
Assets
Total assets $0 $0
Stockholders’ equity
Total stockholders’ equity $0 $0
Statements of cash flows
Cash flows from operating activities:
Cash flows from investing activities:
Cash flows from financing activities:
Net change in cash 0 0
Ending cash balance $0 $0

In: Accounting

Following are dated August 31, 2018 1.When the corporation was formed on September 1, 2017, common...

Following are dated August 31, 2018

1.When the corporation was formed on September 1, 2017, common shares were sold to the sole shareholder, Uncle Bob, for $10,000 cash.

2.Uncle Bob added up all of the invoices the company issued to its customers and the total came to $229,400. All of these were issued on credit.

3.The company received $190,000 cash from customers when they paid their invoices.

4.The company rents a small repair shop for $3,500 per month. The shop was rented for the full year and all rent was paid in cash. In addition, the landlord required the company to pay one month's rent in advance.

5.Salaries to employees totalled $120,000 for the year and were paid in cash.

6.Uncle Bob determined from a review of numerous invoices that the office expenses for the year were $36,400. Of these, all were paid except $4,000 that was still owing.

7.In late August, a new customer approached the company and signed a contract for service to be done to its computers starting in October 2018. The customer paid the company $2,000 in advance to secure the service.

8.Uncle Bob estimated that, given the net income earned by the company this year, income tax  

   expense should be $6,200 but this would not have to be paid for another two months.

9.The company declared and paid $1,000 of dividends to shareholders at the end of the year.

Question:

a)  Prepare an equation analysis of the effects of the above transactions on the expanded accounting equation.

b) Prepare an income statement, statement of changes in equity, and statement of financial position for the year.

In: Accounting

A us corporation is subject to an income tax rate of 35% and has a branch...

A us corporation is subject to an income tax rate of 35% and has a branch in the UK which paid the national corporate tax rate of 30% on its earnings there. The branch generated taxable income from its operations in UK equivalent to $5,000,000. What is the amount of taxes owed to the us government on the income generated in the UK

In: Accounting

Closing Entries After the accounts have been adjusted at April 30, the end of the fiscal...

Closing Entries

After the accounts have been adjusted at April 30, the end of the fiscal year, the following balances were taken from the ledger of Twin Trees Landscaping Co.:

Oscar Killingsworth, Capital $503,900
Oscar Killingsworth, Drawing 8,200
Fees Earned 279,100
Wages Expense 221,600
Rent Expense 43,800
Supplies Expense 9,000
Miscellaneous Expense 10,200

Journalize the two entries required to close the accounts.

If an amount box does not require an entry, leave it blank.

Apr. 30
Apr. 30

Closing Entries

After the accounts have been adjusted at April 30, the end of the fiscal year, the following balances were taken from the ledger of Twin Trees Landscaping Co.:

Oscar Killingsworth, Capital $870,670
Oscar Killingsworth, Drawing 40,000
Fees Earned 563,005
Wages Expense 426,800
Rent Expense 102,400
Supplies Expense 38,410
Miscellaneous Expense 12,805

Journalize the two entries required to close the accounts.

If an amount box does not require an entry, leave it blank.

Apr. 30
Apr. 30

Working Capital and Current Ratio

Current assets and current liabilities for Konex Properties Company follow:

   20Y9    20Y8
Current assets $2,042,400 $1,759,500
Current liabilities 1,380,000 1,150,000

a. Determine the working capital and current ratio for 20Y9 and 20Y8. If required, round "current ratio" answers to two decimal places.

20Y9 20Y8
Working capital $ $
Current ratio

b. Is the change in the current ratio from 20Y8 to 20Y9 favorable or unfavorable?

Working Capital and Current Ratio

Current assets and current liabilities for Sandstone Company follow:

   20Y9    20Y8
Current assets $2,133,800 $1,613,300
Current liabilities 940,000 730,000

a. Determine the working capital and current ratio for 20Y9 and 20Y8. If required, round "current ratio" answers to two decimal places.

20Y9 20Y8
Working capital $ $
Current ratio

b. Is the change in the current ratio from 20Y8 to 20Y9 favorable or unfavorable?

In: Accounting

a. How could you improve the readability of this table? b. The file GDPyears contains sample...

a. How could you improve the readability of this table?

b. The file GDPyears contains sample data from the United Nations Statistics Division on 30 countries and their GDP values from 2005 to 2010 in U.S. dollars ($). Create a table that provides all these data for a user. Format the table to make it as easy to read as possible. (Hint: It is generally not important for the user to know GDP to an exact dollar. It is more typical to present in millions or billions of dollars).

Gross Domestic Product (in US Dollars, $)
Country 2005 2006 2007 2008 2009 2010
Albania 7385937423 8105580293 9650128750 11592303225 10781921975 10569204154
Argentina 169725491092 198012474920 241037555661 301259040110 285070994754 339604450702
Australia 704453444387 758320889024 916931817944 982991358955 934168969952 1178776680167
Austria 272865358404 290682488352 336840690493 375777347214 344514388622 341440991770
Belgium 335571307765 355372712266 408482592257 451663134614 421433351959 416534140346
Brazil 756761641553 935524319719 1175033105497 1407000163598 1370758418238 1782398471516
Canada 1056764109603 1193932279193 1332065087100 1404821988284 1245175828773 1469916064839
Costa Rica 18893517773 21230215608 24655866790 28030042814 28009123104 33905025636
Czech Republic 111667298575 128682670286 156601123503 194554700771 170904474637 172587854908
Finland 169949758742 180215332088 214820618980 236575337186 206669962260 207860471865
France 1914994403820 2015024513652 2312816861987 2541588228527 2367945716006 2301837109724
Germany 2516900462618 2632759372298 2984694872628 3258945971441 2973716393852 2966114791044
Greece 217161244590 234256472873 273778583771 307118451216 292570455971 269121592648
Ireland 177716687783 195313957743 229646992299 233265541112 199473873017 186171836063
Israel 122406785388 133194082920 153413480830 185728651622 178703093654 199765687403
Italy 1597329082733 1661915043524 1892698351200 2063917610274 1899970629238 1836900137057
Mexico 823342099045 928538728612 1011883508388 1085597798926 858289266602 1010289508403
Netherlands 567305874745 600912636726 694804194967 775360492025 707958187114 700804632367
New Zealand 108881144881 105105148952 128957665803 125687055678 112947748003 136162628586
Peru 72314760266 84376682203 98467906190 117848795625 120420055288 144337582246
Poland 267758758351 300074601414 371914955111 463413868126 382575897996 413367492455
Portugal 165251339352 172902905279 200110952422 218714808886 206009262965 200497996313
Saudi Arabia 317350027799 358379172230 386671647765 477341066667 374370666667 436158666667
Singapore 119723503550 139119367290 167031664530 179324986615 173771016315 209693107853
South Africa 220316820671 232194873182 254359710249 247453302921 256866025215 328761784955
Spain 1012008157986 1099963724520 1293150159963 1458983295560 1360989146711 1287874314552
Switzerland 350576683292 368164325764 409158397175 474711164468 464915154033 498158945877
Turkey 425514779241 467931441541 578990442724 656604657571 557723948435 655837737113
United Kingdom 2030278879633 2177981673883 2504551745297 2381881228845 1959165383433 2005634155207
United States 12579700000000 13336300000000 14010900000000 14369500000000 14113315344659 14601646157279

In: Statistics and Probability