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ACCOUNTING ANALYSIS
London Biopsy Needle Co.
London Biopsy Needle Co.
Product and the conceive of the idea
The product that we choose is the fine needle aspiration (biopsy needle). Fine Needle Aspiration (FNA) is a diagnostic procedure sometimes used to investigate superficial (just under the skin) lumps or masses.
For this purpose, we ...
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Zero Based Budgeting for Windsor Regional Hospital
Zero Based Budgeting for Windsor Regional Hospital
Introduction
At Windsor Regional Hospital, the Board of Directors have witnessed exceptional growth along with a great increase in the demand for services, to fund this growth over the last 10 years it has made them to restructure their ...
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ACCOUNTING HOMEWORK
Accounting Homework
Accounting Homework
Problem 3.2
General Journal Entries
Gerry Munro Hairdressing Salon
General Journal
July 31, 2012
Date
Particulars
Ref.
Debit
Credit
July 2
Cash
100
$ 30,000
Gerry Munro ,Capital
300
$ 30,000
July 2
Rent Expense
500
$ 1200
Cash
100
$ 1200
July 3
Equipment
103
$ 28000
Cash
100
$ 12000
Loan Payable
200
$ 16000
July 4
Supplies
102
$ 1,040
Cash
100
$ 1,040
July 6
Advertising Expense
501
$ 300
Cash
100
$ 300
July 16
Cash
100
$ 1680
Accounts Receivable
101
$ 250
Revenue
400
$ 1930
July 20
Insurance Expense
52
$ 560
Cash
100
$560
July 23
Cash
100
$ ...
Rating
Accounting - Analysis
Accounting - Analysis
Answer # 2
EOQ = 2 (annual requirement) (cost per order) / annual carrying cost per unit
EOQ = (550*12) (30)] / (3000 / 550) + 5.5
EOQ = EOQ = EOQ = 850 orders
Total annual ordering cost = Annual Requirements / EOQ * S = 1100 ...
Rating
MASTER OF THE UNIVERSE
Case 11-3: Master of the Universe
Case 11-3: Master of the Universe
Background
Mergers and Acquisitions are a normal part of the Corporate Finance world. Every week we hear news about large and small corporate mergers and buy-outs. They bring separate companies under the umbrella of a larger ...
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Sarbanes-Oxley Act
Sarbanes-Oxley Act
Introduction
The Sarbanes-Oxley is a U.S. federal law that has generated much controversy, and involved the response to the financial scandals of some large corporations such as Enron, Tyco International, WorldCom and Peregrine Systems. These scandals brought down the public confidence in auditing and accounting firms. The ...
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ACCOUNTING ANALYSIS
International Accounting Analysis
TABLE OF CONTENTS
Introduction3
Background of the Companies3
Background of Qantas Airline3
Country of Origion4
Number of Employees4
Destination worldwide4
Share price during last 5 years4
Profit5
Revenue5
Safety Rankings5
Background of Lufthansa Airline6
Country of Origion7
Number of Employees7
Destination worldwide7
Revenue8
Number of company they owned8
Safety Rankings8
Table # 1Financial Performance8
Industry Overview9
Differences between Lufthansa and Qantas airline for the investors11
Markets13
Today's Vision14
Financial ...
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Issues in Employee Performance
Issues in Employee Performance
Part 1.
Sales Budget
For the Year Ending Sept, 2012
Quarter
March
April
May
June
July
August
September
Sales Units (Log)
40000
45000
45000
45000
45000
45000
45000
× Price per Unit( £ )
131
131
131
131
131
131
131
Total Sales Of Log
5240000
5895000
5895000
5895000
5895000
5895000
5895000
Sales Units (Branch)
25000
25000
25000
25000
28750
28750
28750
× Price per Unit( £ )
208
208
208
208
195.52
195.52
195.52
Total Sales Of Branch
5200000
5200000
5200000
5200000
5621200
5621200
5621200
Total Credit Sales
10440000
11095000
11095000
11095000
11516200
11516200
11516200
Redwoods Limited
Production Budgets (in units)
For the Year Ending Sept, 2012
Quarter
March
April
May
June
July
August
September
Budgeted Sales Units (LOG)
40000
45000
45000
45000
45000
45000
45000
...
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Accounting based assignment
Accounting based assignment
What is the proposed incremental contribution margin per occupied room/day during the off-season?
About $6.75/per room/day.
This is asking how much incremental contribution to the profit per occupied room/day during the off-season. Contribution margin is sales revenue - COGS - variable operating expenses (but before fixed ...
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Assignment
Accounting Analysis
Accounting Analysis
Question 1
1.1
a. Bad Debt Amount
Amount written off as bad debts relating to Mr. X
Total Debt of Mr. X = R. 2000
75% received from estate= .75x2000= R. 1500
Bad debts = 2000-1500= R. 500
b. General Journal Entry for Bad Debt amount
Details
Debit
Credit
Bad Debt Expense
R.500
Allowance for doubtful accounts
R.500
c. Adjustment of provision ...