Company Balanced Scorecard
| Financial | reduce cost | increase profits | increase revenue in targeted markets | |
| Customer | Improvement customized customer experience | increase awareness as an industry leader | ||
| Internal Business Processor | Improve Internal Efficiency | Increase Acquisitions | Increase Consulting Knowledge sharing | Improve Product/Service Offerings |
| Learning & Growth | Increase Employee Expertise | Optimize Technology | Optimize Human Capital | Improve Thought Leadership |
Using the four perspectives, design a balanced scorecard for the organization you either work for or volunteer.e examples.)
All of your strategic objectives should begin with an action word (Improve, Reduce, Increase, Optimize, Maximize, Minimize are examples.) Complete your strategy map and identify the relationships among the strategy objectives you determined.
In: Accounting
Our company has the following partial Balance Sheet:
|
Cash |
$1,000,000 |
|
Unearned Revenue |
$70,000 |
|
Common Stock $1 par 2,000,000 shares issued |
$2,000,000 |
|
Paid in Capital in excess of par – Common Stock |
$500,000 |
|
Treasury Stock $10 cost |
$150,000 |
|
Paid in Capital in excess of cost basis – Treasury Stock |
$15,000 |
|
Retained Earnings |
$640,000 |
|
Preferred Stock $1000 par 6% |
$600,000 |
|
Paid in Capital in excess of par – Preferred Stock |
$200,000 |
In: Accounting
At some time in the future, it is expected that the venture will be profitable enough to start making investments. In order to diversify the risks inherent in investing in individual stocks, the enterprise can choose between mutual funds, index funds, and exchange-traded funds. Describe each of these types of funds and explain which type would be the least risky. You may supplement your answer using outside sources.
In: Finance
Suppose you are looking for some investment opportunities in the stock market. 1. You observe that Google or Alphabet Inc. (goog) is currently traded at $1133 per share. However, it has never paid any dividends to its shareholders. Your friend concluded that the stock price of google is totally overvalued by applying the dividend discount model. Do you agree? Explain your answer.
In: Economics
The supply curve for agricultural labour is given by W=6+0.1L, where is the wage (price per unit) and the L quantity traded. Employers are willing to pay a wage of $12 to all workers who are willing to work at that wage; hence the demand curve isW=12.(a) Illustrate the market equilibrium, if you are told that the equilibrium occurs where L=60. (b) Compute the supplier surplus at this equilibrium.
In: Economics
Stock or exchange rate market is an excellent example of trade that involves both national and international markets. What is unique about stock market, unlike other traded goods, is its volatility and exposure to risk. What kind of decision-making strategies do you ought to be followed in situations where uncertainty in decision making is compounded due to an inherent risk in the market (e.g., stock market)?
In: Economics
Dodd Co. acquired 75% of the common stock of Wallace Corp. for $1,800,000. The fair value of Wallace’s net assets was $2,100,000, and the book value was $1,900,000. The noncontrolling interest shares of Wallace Corp. are not actively traded. What is the dollar amount of noncontrolling interest that should appear in a consolidated balance sheet prepared at the date of acquisition?
A. 525,000 B. 475,000 C. 600,000 D. 450,000 E. 75,000
In: Accounting
Refer to the search you performed in the Learning Activities on the U.S. Securities and Exchange Commission's (SEC) website. This search should have produced a variety of financial documents for the publically traded companies you searched. Identify one of said companies from the SEC site and discuss the nature of the information provided in the documents. What statements were provided? Why were these particular documents provided? What was there purpose?
In: Finance
In this market, price is given by P= 24 - Q/2. Firm 1 moves first, the firm 2. The firms have the cost functions C(q)= q^2.
1. Find the marginal revenue for firm 2.
2. What is the reaciton function for firm 2?
3. Find the marginal revenue for firm 1.
4. What is the equilibrium price and quantity?
In: Economics
The following selected transactions were completed by Amsterdam Supply Co., which sells office supplies primarily to wholesalers and occasionally to retail customers:
page 10 of the journal
| Mar. | 2 | Sold merchandise on account to Equinox Co., $19,200, terms FOB destination, 1/10, n/30. The cost of the merchandise sold was $14,260. |
| 3 | Sold merchandise for $11,450 plus 6% sales tax to retail cash customers. The cost of merchandise sold was $6,930. | |
| 4 | Sold merchandise on account to Empire Co., $52,890, terms FOB shipping point, n/eom. The cost of merchandise sold was $33,880. | |
| 5 | Sold merchandise for $30,850 plus 6% sales tax to retail customers who used MasterCard. The cost of merchandise sold was $19,430. | |
| 12 | Received check for amount due from Equinox Co. for sale on March 2. | |
| 14 | Sold merchandise to customers who used American Express cards, $15,060. The cost of merchandise sold was $9,150. | |
| 16 | Sold merchandise on account to Targhee Co., $26,800, terms FOB shipping point, 1/10, n/30. The cost of merchandise sold was $15,500. | |
| 18 | Issued credit memo for $1,400 to Targhee Co. for damaged merchandise from sale on March 16 |
page 11 of the journal
| 19 | Sold merchandise on account to Vista Co., $7,950, terms FOB shipping point, 2/10, n/30. Added $100 to the invoice for prepaid freight. The cost of merchandise sold was $4,670. | |
| 26 | Received check for amount due from Targhee Co. for sale on March 16 less credit memo of March 18. | |
| 28 | Received check for amount due from Vista Co. for sale of March 19. | |
| 31 | Received check for amount due from Empire Co. for sale of March 4. | |
| 31 | Paid Fleetwood Delivery Service $6,040 for delivery of merchandise in March to customers under shipping terms of FOB destination. | |
| Apr. | 3 | Paid City Bank $880 for service fees for handling MasterCard and American Express sales during March. |
| 15 | Paid $6,020 to state sales tax division for taxes owed on sales. |
Required:
| Journalize the entries to record the transactions of Amsterdam Supply Co. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. |
Chart of Accounts
| CHART OF ACCOUNTS | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Amsterdam Supply Co. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| General Ledger | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Journal
Journalize the entries to record the transactions of Amsterdam Supply Co. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. Scroll down for page 11 of the journal.
PAGE 10
JOURNAL
ACCOUNTING EQUATION
PAGE 11
JOURNAL
ACCOUNTING EQUATION
In: Accounting