Answer each of the following questions What is the rationale for depreciating assets used in business?
Do you agree with it?
Does the rationale have any implications on capital formation – that is, investments by big businesses?
Does it favor one group of taxpayers versus another?
Are there any economic, social, revenue, or political implications?
In: Accounting
-Sale Order Entry Procedure
-Point-Of-Sal Orders Procedure
-Customer Credit Approval and Terms Procedure
-Sales order acceptance procedure
-Shipment of goods procedure
-Invoicing and accounts receivable procedure
-Sales tax collection procedure.
breifly explain the above mentioned transactions recorded in the Revenue Process
In: Accounting
For which of the following firms is debt financing most appropriate?
a biotech company whose breakthrough drug will not be approved for the next 10 years
a small oil and gas exploration company facing trouble due to falling gas prices
Silicon Valley tech startup with no revenue
a large, mature industrial conglomerate
In: Finance
Sports Finance Questions
1. Compare and contrast various segments within the sport industry and how they handle financial issues.
2. Examine how sports facilities can become an economic engine for revenue generation.
3. Forecast the future of the sport industry based on changes in the sports broadcasting field.
In: Advanced Math
develop a set of added measures of performance (KPIs) and a set of added measures of performance for either asset impairment or revenue recognition. These KPIs may be based on data not commonly included in financial reporting, may be drawn from either quantitative or qualitative data, and may focus on either diagnostic or predictive analytics.
In: Accounting
The theory of production costs is based on the idea of economic profit in which profit is defined as the difference between revenue and total costs, with total costs being the sum of implicit and explicit costs. Under these conditions, can we assume that the opportunity cost is an absolute concept, not a relative one? Justify your answer
In: Economics
In the long-run equilibrium, a monopolistically competitive organisation makes zero profit because:
Select one:
a. marginal revenue will equal marginal cost
b. price will equal marginal cost
c. marginal cost intersects the minimum of average total cost
d. price will equal average total cost
In: Economics
1st. Discuss (in detail) the difference between between th Pro Forma (income) Statement vs. the historical income statement (the actual numbers).
2nd. Based on your reading from the article, discuss how the Pro Forma forecast is created. Where do the projected sales and revenue come from?
In: Accounting
The income statement is an important financial statement used by individuals who are interested in the operations of a business. Explain how the accounting period concept and the revenue and expense recognition criteria provide guidance to accountants in preparing the income statement. Your answer should include the role of adjustments.
Must be a minimum of 500 words
In: Accounting
Assume that this monthly situation will continue for some time, and you are in the short run.
Fixed Costs $10,000
Variable Costs $ 5,000
Total Costs $15,000
Revenue $12,000
Total Costs $15,000
Profit/Loss $( 3,000) (A loss)
Should you shut down operations or would it be better to continue running?
In: Economics