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MODULE 4
Module 4 - Case (3 pages)
Principles of Accounting
Customer support and distribution costs associated with the three types of customers
Description
Customer Support & Distribution Costs
Department Stores
Specialty Shops
Gift Shops
Activity Level
Activity Level
Activity Level
Total
% of the Total (D)
% of the Total (S)
% of the Total (G)
Sales (units)
10,000
5,000
5,000
Revenues
$150,000
$100,000
$250,000
500000
30%
20%
50%
Contribution margin ratio
50%
75%
80%
No ...
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Tour Company Business Report
Tour Company Business Report
Introduction
This study proposes the report for the manager helping him in making the feasibility and profitability of the Tours Company. The idea to from Tour Company is offering the services for arrangements of stay for people who intend to visit different areas in London. ...
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Ratio Analysis
Ratio Analysis
Introduction
This report provides the picture of financial performance of two companies which are Hudson Chemical and International Spirits Inc. The purpose of this report is to analyze that how effectively the companies are managing their capital structure and working capital in order to generate sound returns on companies' ...
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CAPITAL GAINS TAX
Capital Gain Tax
Capital Gain Tax
Question 1
Keith and Judith's Capital Gains for 2011/12
When £40,000 is invested in a security for 1 year, pre tax return of 10% is earned and capital gain tax rate is 8% the net amount after tax will be as under:
Investment value in one year: ...
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BUSINESS FINANCE
Business Finance
[Instructor's name]Business Finance
Question 1 (a)
The current Beta value of Rio Tinto (ASX code: RIO) is 1.47 (www.asx.com.au), which shows that Rio Tinto's rate of return is a bit higher than the market, but at the same time it also depicts a higher risk. If the market will increase ...
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Answer the questions
Answer the questions
Introduction
Requirement No: 1
In May 2002 launched the IASB and the FASB in the context of the convergence efforts Revenue Recognition Project. This project aims to create single revenue recognition regulations and to eliminate inconsistencies and weaknesses of existing regulations. On 24 June 2010, the draft ...
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Accounting
Case 1)
Part A) MGA Company
Balance of the provision for uncollectible accounts at the end of the fiscal year.
Accounts Receivable Aging
Report as of: date on which report is prepared
AGE OF RECEIVABLE
Amount
Chance of recovery
less than16 days
350,000
0.98
Between 16 and 30days
110,000
0.9
Between 31 and 45 days
75,000
0.85
Between 46 and ...
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ACCOUNTING PRACTICES
Accounting Practices
Cost Volume Profit Analysis
Cost Volume Profit
The most compelling topic in this course was off course the CVP analysis i.e. Cost volume analysis and the breakeven analysis, talking about the cost volume analysis, from this analysis what I learn is that it's one of the most important tools for ...
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MANAGEMENT ACCOUNTING
Management Accounting
Management Accounting
(a)
Day Books of D. Luxe
Date
Particulars
Debit
Credit
2-May
Cash
192
Bed Sheets
192
3-May
Cash
680
Multicolor bath towel
280
tartan towels
190
flowered guest towels
210
4-May
White house
650
Cash
650
5-May
flowered guest towels
35
Cash
35
8-May
large pillowcases
75
Cash
75
9-May
Cash
82
cushion covers
72
table napkins
10
11-May
damask tablecloths
200
Cash
200
12-May
Cash
7.5
large pillowcases
7.5
15-May
velvet curtains
264
Cash
264
16-May
gauze
400
Cash
400
18-May
cash
120
edged mats
120
19-May
cushion covers
180
cash
180
22-May
Cash
9
cushion covers
9
24-May
box of mixed tea towels
140
140
cash
26-May
Cash
660
duvets
450
covers
210
30-May
duvets
75
covers
35
Cash
110
(b)
Cash - ...
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Cash Flow Analysis
Cash Flow Analysis
Earning Management
Earning management is the process of accounting by which reported earnings are manipulated by the managers in order to get some gain. Regulators and Investors are always using Generally Accepted Accounting Procedures in order to find out the earning of the company. Earning management has ...