Elastic vs Inelastic Demand Write a discussion post that identifies real world goods or services that have elastic/inelastic demand. Name a specific good or service that has inelastic demand (it has a steep demand curve). Explain why quantity demanded does not change in response to an increase or decrease in price. Then name a specific […]
Discuss the contributions made by this theorist on the development of the conceptual framework with special emphasis on liability reporting.
The Influence of Accounting Theory on the FASB Conceptual Framework BY C. Richard Baker Based on your of the uploaded article, identify one accounting theorist (person) identified in the article. Discuss the contributions made by this theorist on the development of the conceptual framework with special emphasis on liability reporting.
Describe the company, including business sector, products sold, competitors, and the geographic area where business is conducted.
Company: Starbucks Provide a 500-750 word overview of the company addressing the following: Describe the company, including business sector, products sold, competitors, and the geographic area where business is conducted. Discuss cyclicality associated with the company’s product sales and any other information relevant to the particular business or its industry. Include any other items relevant […]
Prepare a report that shows the effect on the company’s total net operating income of buying part P60 from the supplier rather than continuing to make it inside the company.
Management accounting Answer any three (3) questions from this section.Question 1a. Kingston Baker’s Ltd. most recent monthly contribution format income statement is given below:Sales ………………. $60,000Less variable expenses .. 45,000Contribution margin ….. 15,000Less fixed expenses ….. 18,000Net loss ……………. ($ 3,000)The company sells its only product for $10 per unit. There were no beginning or […]
Chose a publicly-traded company identifying the last two years’ Revenue, Gross Profit, and EBIT for your company.
WALMART Chose a publicly-traded company and answered a series of questions on that company each week. CHOSEN IS WALMART Question 1: What is your company’s principal business activity? Question 2: Who is the CFO? What is his/her accounting background? Give as much detail here as you can find. Question 3: Is your company managing any […]
Submit a short essay of about 3 pages explaining on the Efficient deduction rules for interest and charitable contributions.
Efficient deduction rules for interest and charitable contributions Submit a short essay of about 3 pages explaining on the Efficient deduction rules for interest and charitable contributions. This Essay has to explain your presentation and explain main findings of the paper referring to issue above. Presentation should be prepared for 15 minutes.
What additional costs, both monetary and non-monetary might Active Sports incur because of the accountant’s actions?
CASE STUDY ASSIGNMENT: ‘Active Sports’ and its Customer ‘Sports-Strength’ Requireda. Given that Active Sports uses direct labour dollars as its application base, what is the company’s predetermined overhead rate? b. Taking into consideration only these three products:i. Calculate the total manufacturing cost for June.ii. Calculate the Cost of Goods Manufactured for June.iii. Calculate the Ending […]
Explain why banks do not want increased volatility in their regulatory capital and note what type of debt investment would be most desirable for specifically large banks.
1. Before a business combination the target’s retained earnings was $50K. Right after the business combination and initial elimination entries, the consolidated retained earnings on the parent’s balance sheet will be $50K higher. True False 2. Company A has an investment in Company B. Company B has $10K of net income during the year. How […]
Which party, if any, is required to consolidate Liger? Does Liger meet the definition of a variable interest entity?
Consolidation Liger Enterprises (“Liger”), a corporation and legal entity, was established in June 2019 to develop, produce, and sell exotic pet food throughout Florida. Equity ownership in Liger is equally split between Lion Corporation (“Lion”), a processor of animal food, and Tiger Inc. (“Tiger”), a regional logistics company. Lion, a well-known animal-food processor in Homestead, […]
Discuss how amortisation and impairments affect intangible assets, as well as the current situation and future developments on intangible assets.
Intangible Asset Assignment – Theme A Word count: 1902 In this paper, define intangible assets and outline the major concerns surrounding intangible assets. In addition, discuss how amortisation and impairments affect intangible assets, as well as the current situation and future developments on intangible assets.