Category Archives: Accounting

How would the journal entries change if 3 was a 3:1 stock split in the form of a stock dividend?

Question Presented below is information related to NewCo Corp shareholder transactions a) Prepare the general journal entries necessary to record these transactions. Identify each transaction by the date, and if no entry is required, write “No Entry.” (b) How many shares were outstanding as of December 31, 2023. (c) How would the journal entries change […]

What is the difference between variable costing and absorption costing income statements?

Financial and Managerial Accounting: Information for Decisions A) Provide a hypothetical example of multiproduct break even analysis.Please answer each of the following questions in detail. B) How can the manager of advertising sales at Google use flexible budgets to enhance performance? C) Explain departmental income statement and the criterion for division of indirect costs among […]

Should the amount of the reward given to a whistleblower depend on whether the whistleblower acted out of the purest of motives, rather than greed or a desire to impose revenge on an employer or a coworker?

Ethics HW 66 Answer the following questions in 5 sentences. (3). Your buddy mentioned that she is thinking about suing under the quitam law. You are not sure what that is. a. What is a quitam provision ? b. Can employees who do not work for the government sue under this provision? C. Should the […]

Choose one category and provide examples of the types of information the person would be interested in.

Discussion Board Consider the three different categories of people who read financial statements  financial analysts, creditors, and investors. Choose one category and provide examples of the types of information the person would be interested in. Explain why each type of information may be important to the person.  

What was the most profitable brand in each year, as measured by gross profit?

Introduction to Financial Accounting Cabinet Accessory Company: Sales, Cost, and Gross Profit Analysis[] Learning objectives Find and correct errors in a data set (clean the data) Add columns containing formulas to a data set Create a pivot table in Excel Create a pivot chart in Excel. Analyze sales data using a pivot table and a […]

What is required by Section 404 of the Sarbanes-Oxley Act?

Ac465 unit3 Forensic accountants must ensure that their activities comply with the laws and regulations of the legal, regulatory, and professional environment. In this assignment, you will examine two components of the forensic accountant’s regulatory system: SAS No. 99 and the Sarbanes-Oxley Act of 2002. In a 2-3 page informative essay, address the following: Discuss […]

Which of the three methods for substantively testing the estimate did the auditor choose?

Auditing accounting estimates Read the Case 7.1 Ligand Pharmaceuticals in the Knapp casebook. you will find it in the book. page 433-338 Prepare and submit a 2-3 page paper analyzing the Ligand Pharmaceuticals case. What went wrong in the auditor’s risk assessment procedures? Which of the three methods for substantively testing the estimate did the […]

What are the strengths and weaknesses, and what strategy would you recommend?

TGT Balance Sheet Analysis Using the SEC EDGAR Database, write a four-page, APA-formatted paper that reviews the current assets, accounts receivable, other current assets, equipment, property, current liabilities, long-term debt, and stockholders’ equity of Target CORP. Based on the review, present a recommendation to a friend who is considering investing in the company. What are […]

Prepare a 1-page discussion paper discussing the differences between the two methods and how costs are characterized in each method.

Discussion paper Managers must understand how costs are classified, how changes in volume affect costs and how changes in prices affect volume. In general, costs are classified as fixed, variable, and mixed. Prepare a 1-page discussion paper discussing the differences between the two methods and how costs are characterized in each method. What is your […]