Marketing strategy

Question
	
Complete final sections of Strategic Marketing Plan and create one seamless document including feedback and changes suggested throughout the course. Additional content to should include:
Development of Pricing Strategies aligned with Strategic Focus
Development of Distribution Strategies aligned with Strategic Focus
Development of Integrated Communication Strategies aligned with Strategic Focus
Development of Implementation Plan.
Format: 
          Submit in Turnitin folder
APA Format Required
Executive Summary
Title Page and Reference Page
Use APA formatted headers and subheads as needed.
A minimum of 15 outside references required.
18-24 pages, not including title page, abstract and reference page.

NB : My other papers were on University of Maryland Medical center


	
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Attachments
		
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accounting help!!!!!!!!!!!!!

Question
	
Q1. The Hyatt Company is trying to decide whether it should purchase new equipment and continue to make its subassemblies internally or if production should be discontinued and the subassembly purchased from an outside supplier. Either way production can not continue using the current equipment.
New equipment for producing the subassemblies can be purchased at a cost of $400,000. The equipment would have a five-year useful life (the company uses straight-line depreciation) and a $50,000 salvage value.
Alternatively, the subassemblies could be purchased from an outside supplier. The supplier has offered to provide the subassemblies for $9 each under a five-year contract.
Hyatt Company's present costs per unit of producing the subassemblies internally (with the old equipment) are given below. The costs are based on a current activity level of 40,000 subassemblies per year:
Direct Materials
$ 3.00
Direct Labour
$ 4.20
Variable Overhead
$ 0.60
Fixed Overhead ($0.80 supervision, $0.90 depreciation,
and $2 general company overhead)
$ 3.70
Total Cost per Unit
$11.50
The new equipment would be more efficient and would reduce direct labour costs and variable overhead costs by 25%. Supervision cost ($30,000 per year) and direct materials cost per unit would not be affected by the new equipment. The company has no other use for the space now being used to produce the subassemblies. The company's total general company overhead would not be affected by this decision. Assume direct labour is a variable cost.
Required:
Assume that 40,000 subassemblies are needed each year. Prepare an analysis of the two alternatives and make a recommendation to the management of the company of the appropriate course of action. (10 Marks)
___________________________________________________________________________________
Q2. Benjamin Signal Company produces products R, J, and C from a joint production process. Each product may be sold at the split-off point or be processed further. Joint production costs of $92,000 per year are allocated to the products based on the relative number of units produced. Data for Benjamin's operations for the current year are as follows:
Product R can be processed beyond the split-off point for an additional cost of $26,000 and can then be sold for $105,000. Product J can be processed beyond the split-off point for an additional cost of $38,000 and can then be sold for $117,000. Product C can be processed beyond the split-off point for an additional cost of $12,000 and can then be sold for $57,000.
Required:
Which products should be processed beyond the split-off point? (10 marks – show your work)
_________________________________________________________________________________________________
Q3. Madison Optometry is considering the purchase of a new lens grinder to replace a machine that was purchased several years ago. Selected information on the two machines is given below:
Ignore income taxes and the time value of money in this problem.
Required:
Compute the total advantage or disadvantage of using the new machine instead of the old machine over the next four years. (10 marks)
Be careful with depreciation in this question. You are looking at the decision in terms of cashflows rather than traditional accounting expense recording. Depreciation is designed to recover, over time, the cash expended for an asset purchase.
________________________________________________________________________________________________________________________
Q4. Kramer Company makes 4,000 units per year of a part called an axial tap for use in one of its products. Data concerning the unit production costs of the axial tap follow:
Direct Materials
$35
Direct Labour
$10
Variable Manufacturing Overhead
$ 8
Fixed Manufacturing Overhead
$20
Total Manufacturing Cost per Unit
$73
An outside supplier has offered to sell Kramer Company all of the axial taps it requires. If Kramer Company decided to discontinue making the axial taps, 40% of the above fixed manufacturing overhead costs could be avoided [think carefully as to what cost amount will ultimately have to be consider in the decision. Often a cost avoided means that under one decision option that is the cost to be factored in. Don't be thrown off by the terminology 'avoided']. Assume that direct labour is a variable cost.
Required:
a) Assume Kramer Company has no alternative use for the facilities presently devoted to production of the axial taps. If the outside supplier offers to sell the axial taps for $65 each, should Kramer Company accept the offer? Fully support your answer with appropriate calculations. (8 marks)
b) Assume that Kramer Company could use the facilities presently devoted to production of the axial taps to expand production of another product that would yield an additional contribution margin of $80,000 annually. What is the maximum price Kramer Company should be willing to pay the outside supplier for axial taps? (2 marks)
_________________________________________________________________________________________________________________________________
Q5. Juanita earns $68,000 annually as a marketing specialist in Mexico City, Mexico. She has applied for admission to the M.B.A program at Dalhousie University. If accepted, she will resign and move to Halifax, Nova Scotia. Juanita has assembled the following data to make the decision:
Juanita’s annual salary $ 68,000
Annual tuition and fees 14,000
Annual book and supply expense 3,000
Monthly living expenses in Mexico City 800
Monthly living expenses in Halifax 1,600
Monthly auto expenses in Mexico City 350
Monthly auto expenses in Halifax 350
Cost of two business suits purchased just prior to resigning 600
Moving expenses 5,500
Required:
a) Calculate the following in the context of Juanita’s decision:
(i) Total sunk costs (if any) (2 marks)
(ii) Total annual differential or incremental costs (if any) (4marks)
(iii) Total annual opportunity costs (if any) (2 Marks)
b) What is your best estimate of the total cost to Juanita of earning an M.B.A. degree if it will take her 12 months to complete the program? (1 mark)
c). Suppose you are Juanita. What specific additional information would you need in order to make a rational decision to pursue and successfully complete the MBA program at Dalhousie? Explain.
Know the meaning of each cost category well
	

general business data bank

Question
	
TRUE/FALSE



 1. The nature of management is to control and
dictate others in an organization.



 



 2. In today’s turbulent and hypercompetitive
global environment, managers must help their companies innovate more than ever. 



3. The late famed management
theorist Peter Drucker is often credited with creating the modern study of
management.



 

 

4. Managers get things done
by coordinating and motivating other people.



 





 5. The attainment of organizational goals
through planning, organizing, leading and controlling reflects the essence of
the management proces 

 6. Where the organization wants to be in the
future and how to get there defines controlling.

 



 7. Organizing means defining goals for future
organizational performance and deciding on the tasks and resources needed to
attain them.



 



 8. Leading is the use of influence to motivate
employees to achieve organizational goals.



 



 9. The use of influence to motivate employees to
achieve organizational goals defines organizing.



 



 10. How an organization goes about accomplishing a plan is a key part
of the management function of controlling.

 



 11. Using influence to motivate employees describes the management
function of leading.



 



 12. The use of influence to motivate employees to achieve the
organization's goals refers to controlling.

 



 13. Organizing means creating a shared culture and values.



 



 14. Controlling involves monitoring employee's activities and taking
corrective action as necessary.



ANS: 



 15. An organization is a social entity that is goal directed and
deliberately structured.



ANS: 



 16. In the definition of an organization, deliberately structured
means being made up of two or more people and designed to achieve some
outcomes.



ANS: 



 17. Efficiency refers to the degree to which the organization achieves
a stated objective.



ANS: 



 18. Efficiency can be calculated as the amount of resources used to
produce a product or service.



ANS: 



 19. To perform effectively, all managers must possess conceptual,
human, and technical skills, though the degree of each skill necessary at
different levels of an organization may vary.



ANS: 



 20. All managers have to pay attention to costs and according to
research, the best way to improve organizational effectiveness is by severe
cost cutting.



ANS: 



 21. Only the top managers in organizations need conceptual skills
since it involves planning.



ANS: 



 22. Technical skills are most important at lower organizational levels
while human skills become more important as managers move up the organizational
hierarchy.



ANS: 



 23. One of the biggest mistakes during turbulent times is managers'
failure to comprehend and adapt to the rapid pace of change in the world around
them.



ANS: 



 24. Managers use conceptual, human, and technical skills to perform
the four management functions of planning, organizing, leading, and controlling
in all organizations.



ANS: 



 25. According to research, managers most enjoy activities such as
leading others, networking, and leading innovation.

	

Finance Multiple Problems

Question
	
1. Basic present value calculations 

Calculate the present value of the following cash flows, rounding to the nearest dollar: 
a. A single cash inflow of $12,000 in five years, discounted at a 12% rate of return. 
b. An annual receipt of $16,000 over the next 12 years, discounted at a 14% rate of return. 
c. A single receipt of $15,000 at the end of Year 1 followed by a single receipt of $10,000 at the end of Year 3. The company has a 10% rate of return. 
d. An annual receipt of $8,000 for three years followed by a single receipt of $10,000 at the end of Year 4. The company has a 16% rate of return. 

2. Cash flow calculations and net present value 
On January 2, 19X1, Bruce Greene invested $10,000 in the stock market and purchased 500 shares of Heartland Development, Inc. Heartland paid cash dividends 
of $2.60 per share in 19X1 and 19X2; the dividend was raised to $3.10 per share in 19X3. On December 31, 19X3, Greene sold his 
holdings and generated proceeds of $13,000. Greene uses the net-present- value method and desires a 16% return on investments. 

a. Prepare a chronological list of the investment's cash flows. Note: Greene is entitled to the 19X3 dividend. 
b. Compute the investment's net present value, rounding calculations to the nearest dollar. 
c. Given the results of part (b), should Greene have acquired the Heartland stock? Briefly explain. 
3. Straightforward net present value and internal rate of return 
The City of Bedford is studying a 600-acre site on Route 356 for a new landfill. The startup cost has been calculated as follows: 
Purchase cost: $450 per acre 
Site preparation: $175,000 

The site can be used for 20 years before it reaches capacity. Bedford, which shares a facility in Bath Township with other municipalities, estimates that the new location will save $40,000 in annual operating costs. 
a. Should the landfill be acquired if Bedford desires an 8% return on its investment? Use the net-present-value method to determine your answer. 
b. Compute the internal rate of return on this project. 

4. Straightforward net-present-value and payback computations 
STL Entertainment is considering the acquisition of a sight-seeing boat for summer tours along the Mississippi River. The following information is available: 
Cost of boat $500,000 
Service life 10 summer seasons 
Disposal value at the end of 10 seasons $100,000 
Capacity per trip 300 passengers 
Fixed operating costs per season (including straight-line depreciation) $160,000 
Variable operating costs per trip $1,000 
Ticket price $5 per passenger 

All operating costs, except depreciation, require cash outlays. On the basis of similar operations in other parts of the country, management anticipates that each trip will be sold out and that 120,000 passengers will be carried each season. Ignore income taxes. 

Instructions: 
By using the net-present-value method, determine whether STL Entertainment should acquire the boat. Assume a 14% desired return on all investments,- round calculations to the nearest dollar.	

CJA 484 Week 2 Individual Assignment Ethics in Criminal Justice Administration Analysis

Question
	
Write an 800- to 1,000-word paper in which you analyze the relationship between ethics and professional behavior in the administration of criminal justice.Explain the role of critical thinking with regard to the relationship of ethics and professional behavior.Include in your paper a proposal for a seminar in ethics training for law enforcement officers. In your proposal choose five areas of ethical conduct that will be stressed in the seminar.Explain why you chose those areas and what the expected benefits of the training will be for both officers and the community.
Format your paper consistent with APA guidelines.
	

general business data bank

Question
	
 26. Managers least enjoy activities such as controlling subordinates
and managing time pressures.



ANS: 



 27. The individual performer is a generalist and coordinates a broad
range of activities.



ANS: 



 28. The manager is a specialist and a "doer."



ANS: 



 29. Becoming a successful manager means thinking in terms of building
teams and networks, becoming a motivator and organizer within a highly
interdependent system of people and work.



ANS: 





 30. Spotlight on Skills box in Chapter 1 asks you to consider issues
such as the increased workload and the challenge of supervising former peers to
help you decide if you really want to become a manager.



ANS: 



 31. Managerial activity is often characterized by routine, continuity,
and lengthy time-frame.



ANS: 



 32. A manager forwards information to other organization members in
the disseminator role.



ANS: 



 33. In the spokesperson role, a manager forwards information to other
organization members.



ANS: 



 34. The interpersonal roles performed by managers include figurehead,
leader, and liaison.



ANS: 



 35. The informational roles that managers perform include monitor,
disseminator, and spokesperson.



ANS: 



 36. The monitor role involves the initiation of change.



ANS: F 



 37. In the figurehead role, the manager performs ceremonial and
symbolic duties.



ANS: 



 38. The disturbance handler role involves the initiation of change,
thinking about the future and how to get there.



ANS: 



 39. Fortunately for managers, the disseminator and spokesperson roles
are identical.



ANS: 



 40. Managers in small businesses tend to emphasize roles different
from those of managers in large corporations.



ANS: 



 41. Not-for-profit organizations, such as The Red Cross and the Girl
Scouts, represent a major application of management talent.



ANS: 



 42. We might expect managers in nonprofit organizations to place more
emphasis on the roles of spokesperson, leader, and resource allocator.



ANS: 



 43. Managers in not-for-profit organizations, according to research,
should place less emphasis on the roles of spokesperson, leader, and resource
allocator.



ANS: 



 44. One of the most striking changes affecting organizations and
management is technology.



ANS: 



 45. In the new workplace, the valued worker is one who learns quickly,
shares knowledge, and is comfortable with risk, change, and ambiguity.



ANS: 



 46. The primary characteristic of the new workplace is that it is
centered on loyal and homogeneous employees.



ANS: 



 47. The new workplace is organized around networks rather than rigid
hierarchies, and work is often virtual.



ANS: 



 48. Organizations are increasingly shifting significant chunks of what
were once considered core functions to outsiders via outsourcing, joint
ventures, and other complex alliances.



ANS: 



 49. In the new workplace, managers should focus on developing
teamwork, collaboration, and learning.



ANS: 



 50. Success in the new workplace depends on the strength and quality
of independent employees.



ANS: 	

6 pages essay

Question
	
6 Page Long Essay:topic relating to Roman Catholicism.
Usingsixfull pages (double spaced, 1-inch margins, 12-point font, Times New Roman, APA
format) you will be required to write a long essay on the topic using between six and eight
relevant references.
 ****A mature analysis of the Roman Catholic Church’s teaching on abortion with a specific
focus on the positive and negative implications of this teaching for women, families, and
entire cultures
NOTE
All papers must be written using the APA format and should include:
A title page with running head and page numbers
Six pages of text that are double-spaced with 1-inch margins, 12-point font, Times New Roman
A Works Cited page with references in APA format that are double-spaced, correctly indented
*****
i do not agree on abortion but if its the last choice due to circumtances i.e medical reason ectopic pregnancy; i am ok with it.

thanks
	

The airwaves are full of marketing messages

Question
	
The airwaves are full of marketing messages, and now the Internet is clustered with marketing messages. These messages include links, pop-ups or crawls.Most if not all, of us have engaged in making purchases online.


 Therefore, we know what appeals to us as consumers and what does not.
Select 3 different company Web Sites and answer the following questions:
1.) How are the Web Sites and companies similar?
2.)How are the Web Sites and companies different?
3.) Which approach do you find most effective? Explain.
4.)Did you find the sites to be safe and secure enough that you would make a purchase there?
5.) Complete your findings and explanations into a power point presentation with 8-10 slides 100-150 words speaker notes. Thorough speaker notes must accompany eachcontent slides with references, photos and clip art. should be 11-15 total slides including the title page and everything else.
	

Accounting Excel Project

Question
	
Computer
Project

Alternative
Investment Methods, Goodwill Impairment, and Consolidated Financial Statements

In
this project, you are to provide an analysis of alternative accounting methods
for controlling interest investments and subsequent effects on consolidated
reporting. The project requires the use of a computer and a spreadsheet
software package (e.g., Microsoft Excel, etc.). The use of these tools allows
you to assess the sensitivity of alternative accounting methods on consolidated
financial reporting without preparing several similar worksheets by hand. Also,
by modeling a worksheet process, you can develop a better understanding of
accounting for combined reporting entities.

Page 142

Consolidated
Worksheet Preparation

You
will be creating and entering formulas to complete four worksheets. The first
objective is to demonstrate the effect of different methods of accounting for
the investments (equity, initial value, and partial equity) on the parent
company's trial balance and on the consolidated worksheet subsequent to
acquisition. The second objective is to show the effect on consolidated
balances and key financial ratios of recognizing a goodwill impairment loss.

The
project requires preparation of the following four separate worksheets:


 
Consolidated
 information worksheet (follows).
 
Equity
 method consolidation worksheet.
 
Initial
 value method consolidation worksheet.
 
Partial
 equity method consolidation worksheet.


If
your spreadsheet package has multiple worksheet capabilities (e.g., Excel), you
can use separate worksheets; otherwise, each of the four worksheets can reside
in a separate area of a single spreadsheet.

In
formulating your solution, each worksheet should link directly to the first
worksheet. Also, feel free to create
supplemental schedules to enhance the capabilities of your worksheet.

Project
Scenario

Pecos
Company acquired 100 percent of Suaro's outstanding stock for $1,450,000 cash
on January 1, 2012, when Suaro had the following balance sheet:


 

 

 
Assets
 
 

 
Liabilities and Equity
 

 

 

 
Cash
 
 

 
$
 37,000
 
 

 
Liabilities
 
 

 
$(422,000)
 

 

 

 
Receivables
 
 

 
82,000
 
 

 


 

 

 
Inventory
 
 

 
149,000
 
 

 
Common
 stock
 
 

 
(350,000)
 

 

 

 
Land
 
 

 
90,000
 
 

 
Retained
 earnings
 
 

 
(126,000)
 

 

 

 
Equipment
 (net)
 
 

 
225,000
 
 

 


 

 

 
Software
 
 

 
315,000
 
 

 


 

 

 
Total
 assets
 
 

 
$898,000
 
 

 
Total
 liabilities and equity
 
 

 
$(898,000)
 



At
the acquisition date, the fair values of each identifiable asset and liability
that differed from book value were as follows:


 

 

 
Land
 
 

 
$
 80,000
 
 


 

 

 
Brand
 name
 
 

 
60,000
 
 

 
(indefinite
 life—unrecognized on Suaro's books)
 

 

 

 
Software
 
 

 
415,000
 
 

 
(2-year
 estimated useful life)
 

 

 

 
In-process
 R&D
 
 

 
300,000
 
 




Additional
Information


 
Although
 at acquisition date Pecos expected future benefits from Suaro's in-process
 research and development (R&D), by the end of 2012, it became clear
 that the research project was a failure with no future economic benefits.



 
During
 2012, Suaro earns $75,000 and pays no dividends.



 
Selected
 amounts from Pecos and Suaro's separate financial statements at December
 31, 2013, are presented in the consolidated information worksheet. All
 consolidated worksheets are to be prepared as of December 31, 2013, two
 years subsequent to acquisition.



 
Pecos's
 January 1, 2013, Retained Earnings balance—before any effect from Suaro's
 2012 income—is $(930,000) (credit balance).



 
Pecos
 has 500,000 common shares outstanding for EPS calculations and reported
 $2,943,100 for consolidated assets at the beginning of the period.


Page 143

Following
is the consolidated information worksheet.


 

 

 
A
 
 

 
B
 
 

 
C
 
 

 
D
 

 

 

 
1
 
 

 
December
 31, 2013, trial balances
 
 

 

 


 

 

 
2
 
 

 

 

 


 

 

 
3
 
 

 

 
Pecos
 
 

 
Suaro
 
 


 

 

 
4
 
 

 
Revenues
 
 

 
($1,052,000)
 
 

 
($427,000)
 
 


 

 

 
5
 
 

 
Operating
 expenses
 
 

 
$
 821,000
 
 

 
$262,000
 
 


 

 

 
6
 
 

 
Goodwill
 impairment loss
 
 

 
?
 
 

 


 

 

 
7
 
 

 
Income
 of Suaro
 
 

 
?
 
 

 


 

 

 
8
 
 

 
Net
 income
 
 

 
?
 
 

 
($165,000)
 
 


 

 

 
9
 
 

 

 

 


 

 

 
10
 
 

 
Retained
 earnings—Pecos 1/1/13
 
 

 
?
 
 

 


 

 

 
11
 
 

 
Retained
 earnings—Suaro 1/1/13
 
 

 

 
($201,000)
 
 


 

 

 
12
 
 

 
Net
 income (above)
 
 

 
?
 
 

 
($165,000)
 
 


 

 

 
13
 
 

 
Dividends
 paid
 
 

 
$
 200,000
 
 

 
$
 35,000
 
 


 

 

 
14
 
 

 
Retained
 earnings 12/31/13
 
 

 
?
 
 

 
($331,000)
 
 


 

 

 
15
 
 

 

 

 


 

 

 
16
 
 

 
Cash
 
 

 
$
 195,000
 
 

 
$
 95,000
 
 


 

 

 
17
 
 

 
Receivables
 
 

 
$
 247,000
 
 

 
$143,000
 
 


 

 

 
18
 
 

 
Inventory
 
 

 
$
 415,000
 
 

 
$197,000
 
 


 

 

 
19
 
 

 
Investment
 in Suaro
 
 

 
?
 
 

 


 

 

 
20
 
 

 

 

 


 

 

 
21
 
 

 

 

 


 

 

 
22
 
 

 

 

 


 

 

 
23
 
 

 
Land
 
 

 
$
 341,000
 
 

 
$
 85,000
 
 


 

 

 
24
 
 

 
Equipment
 (net)
 
 

 
$
 240,100
 
 

 
$100,000
 
 


 

 

 
25
 
 

 
Software
 
 

 

 
$312,000
 
 


 

 

 
26
 
 

 
Other
 intangibles
 
 

 
$
 145,000
 
 

 


 

 

 
27
 
 

 
Goodwill
 
 

 

 


 

 

 
28
 
 

 
Total
 assets
 
 

 
?
 
 

 
$932,000
 
 


 

 

 
29
 
 

 

 

 


 

 

 
30
 
 

 
Liabilities
 
 

 
($1,537,100)
 
 

 
($251,000)
 
 


 

 

 
31
 
 

 
Common
 stock
 
 

 
($
 500,000)
 
 

 
($350,000)
 
 


 

 

 
32
 
 

 
Retained
 earnings (above)
 
 

 
?
 
 

 
($331,000)
 
 


 

 

 
33
 
 

 
Total
 liabilities and equity
 
 

 
?
 
 

 
($932,000)
 
 


 

 

 
34
 
 

 

 

 


 

 

 
35
 
 

 
Fair
 value allocation schedule
 
 

 

 


 

 

 
36
 
 

 
Price
 paid
 
 

 
$1,450,000
 
 

 


 

 

 
37
 
 

 
Book
 value
 
 

 
$
 476,000
 
 

 


 

 

 
38
 
 

 
Excess
 initial value
 
 

 
$
 974,000
 
 

 
Amortizations
 
 


 

 

 
39
 
 

 
to land
 
 

 
($
 10,000)
 
 

 
2012
 
 

 
2013
 

 

 

 
40
 
 

 
to brand
 name
 
 

 
$
 60,000
 
 

 
?
 
 

 
?
 

 

 

 
41
 
 

 
to
 software
 
 

 
$
 100,000
 
 

 
?
 
 

 
?
 

 

 

 
42
 
 

 
to
 IPR&D
 
 

 
$
 300,000
 
 

 
?
 
 

 
?
 

 

 

 
43
 
 

 
to
 goodwill
 
 

 
$
 524,000
 
 

 
?
 
 

 
?
 

 

 

 
44
 
 

 

 

 


 

 

 
45
 
 

 
Suaro's
 RE changes
 
 

 
Income
 
 

 
Dividends
 
 


 

 

 
46
 
 

 
2012
 
 

 
$
 75,000
 
 

 
$
 0
 
 


 

 

 
47
 
 

 
2013
 
 

 
$
 165,000
 
 

 
$
 35,000
 
 




Page 144

Project
Requirements

Complete
the four worksheets as follows:


 
Input
 the consolidated information worksheet provided and complete the
 fair-value allocation schedule by computing the excess amortizations for
 2012 and 2013.
 
Using
 separate worksheets, prepare Pecos's trial balances for each of the
 indicated accounting methods (equity, initial value, and partial equity). Use
 only formulas for the Investment in Suaro, the Income of Suaro, and
 Retained Earnings accounts.
 
Using
 references to other cells only (either from the consolidated information
 worksheet or from the separate method sheets), prepare for each of the three consolidation worksheets:



 

 
Adjustments
 and eliminations.




 

 
Consolidated
 balances.

 
Calculate
 and present the effects of a 2013 total goodwill impairment loss on the
 following ratios for the consolidated entity:



 

 
Earnings
 per share (EPS).




 

 
Return
 on assets.




 

 
Return
 on equity.




 

 
Debt
 to equity.



Your worksheets should have the capability to adjust
immediately for the possibility that all acquisition goodwill can be considered
impaired in 2013.


 
Prepare
 a word-processed report that describes and discusses the following
 worksheet results:




 
The
 effects of alternative investment accounting methods on the parent's
 trial balances and the final consolidation figures.
 
The
 relation between consolidated retained earnings and the parent's retained
 earnings under each of the three (equity, initial value, partial equity)
 investment accounting methods.
 
The
 effect on EPS, return on assets, return on equity, and debt-to-equity
 ratios of the recognition that all acquisition-related goodwill is
 considered impaired in 2013.



	

online quiz!!

Question
	Below is a Chart of Accounts with a corresponding letter. For each transaction below:
Chart of Accounts:
A. Accounts Payable 
B. Accounts Receivable
C. Owner's Capital
D. Cash
E. Computer Equipment
F. Cost of Goods Sold
G. Owner's Drawing
H. Merchandise Inventory (Perpetual)
I. Prepaid Insurance
J. Sales
K. Service Revenue
L. Telecommunication Expense
M. Sales Discount
1. Following the General Journal entry format, place the letter of the account to be debited in the first line for each transaction and the letter of the account to be credited next.
2. Using the following abbreviations, indicate for each entry which special journal the entry would go in if the company used special journals:
CR – Cash Receipts Journal
CP – Cash Payments Journal
S – Sales Journal
P – Purchases Journal
GJ – General Journal
 
Jan.1 Owner invested $10,000 of computer equipment to start the business. 
Jan. 3 Purchased $5,000 of software for resale to clients on account.

Jan. 5 Sold $1,500 of software to a client on account, terms 2/10, n/30, costing $650.
Jan. 7 Performed $2,000 of consulting services for a client and billed the client.
Jan. 9 Purchased a 12-month insurance policy by paying $9,000 cash.
Jan. 11 Collected payment in full from the customer related to the transaction on Jan. 5th.
Jan. 13 Purchased a new computer costing $1,500 by paying $500 down and the balance due in 30 days.
Jan. 15 Owner withdrew $750.
Jan. 17 Paid the month’s telecommunication bill, which was $550.
Jan. 19 Performed $3,000 of consulting services. Half was paid on this day, and half is to be paid in 15 days.
 



2- Using the Adjusted Trial Balance below, properly and in good form, complete a Multiple Step Income Statement, Statement of Owner's Equity, and Classified Balance Sheet. 
ABC Company
Adjusted Trial Balance
12/31/2010
 Debit Credit
Cash 94000 
Accounts Receivable 21010 
Merchandise Inventory 181900 
Office Supplies 540 
Land 25000 
Equipment 200000 
Accumulated Depreciation, Equipment 13000
Accounts Payable 18100
Salaries Payable 2400
Loan Payable 85000
D. Panther, Capital 228750
D. Panther, Withdrawals 43000 
Sales 1311000
Sales Returns & Allowances 2200 
Cost of Goods Sold 800000 
Sales Salaries Expense 180000 
Advertising Expense 10000 
Office Salaries Expense 70000 
Office Supplies Expense 1400 
Rent Expense – Store 14000 
Utilities Expense - Store 5000 
Telecommunication Expense - Admin. 4500 
Interest Expense 5700 
Totals 1658250 1658250
 


3- Partners Audrey, Betty, and Charles have capital account balances of $120,000 each. The income and loss ratio is 5:3:2, respectively. In the process of liquidating the partnership, noncash assets with a book value of $100,000 are sold for $40,000. The balance of Charles's Capital account after the sale is:
 
$90,000
 
$102,000
 
$108,000
 
None of these is correct


The partnership agreement of Amos, Baker, and Collins provides for the following income ratio: (a) Amos, the managing partner, receives a salary allowance of $36,000, (b) each partner receives 10% interest on average capital investment, and (c) remaining net income or loss is divided equally. The average capital investments for the year were: Amos $200,000, Baker $400,000, and Collins $600,000. If partnership net income is $240,000, the amount distributed to Baker should be:
 
$68,000
 
$84,000
 
$88,000
 
None of these is correct