Entries by mary WAMBUGU

Ellio± Incorporated manufactures garden tools, and although the manufacturing equipment is per2. Upgrading to modern equipment would speed up the manufacturing process such that direct labowould be reduced by 40% on a per-unit basis.

This is a comprehensive problem all contained on this spreadsheet tab.  FACTS: 1.  Elliott Incorporated manufactures garden tools, and although the manufacturing equipment is perfectly functional, it is not modern. 2.  Upgrading to modern equipment would speed up the manufacturing process such that direct labor and variable manufacturing costs      would be reduced by 40% […]

 

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Echo Sports Company produces home basketball goal systems consis²ng of a stand, backboard, rim, and netand capacity to produce 800 goal systems per month

There are three problems this week.  Click on tabs at bottom of spreadsheet to go to problems 2 and 3. Echo Sports Company produces home basketball goal systems consisting of a stand, backboard, rim, and net.  The company has sufficient orders and capacity to produce 800 goal systems per month.  Manufacturing costs and other costs […]

 

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A comparative balance sheet for Century Company appears below: Century COMPANY Comparative Balance Sheet Dec. 31, 2015 Dec. 31, 2014 Assets Cash $ 29,000 $10,000

A comparative balance sheet for Century Company appears below: Century COMPANY Comparative Balance Sheet                                                                                                 Dec. 31, 2015             Dec. 31, 2014 Assets Cash                                                                                           $  29,000                       $10,000 Accounts receivable                                                                      18,000                         14,000 Inventory                                                                                        27,000                         18,000 Prepaid expenses                                                                            6,000                           9,000 Long-term investments                                                                     -0-                            18,000 Equipment                                                                                      60,000                         32,000 Accumulated depreciation—equipment                                       (18,000)                       (14,000)          Total assets                                                                       $122,000                       $87,000 Liabilities […]

 

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This is a comprehensive problem all contained on this spreadsheet tab. You are to prepare a cash fow statement,analysis, a horizontal analysis, and some ra±o calcula±ons. Scroll down the spreadsheet to complete each part

This is a comprehensive problem all contained on this spreadsheet tab. You are to prepare a cash flow statement, a vertical analysis, a horizontal analysis, and some ratio calculations. Scroll down the spreadsheet to complete each part. Philadelphia Widget Corporation is in the process of preparing financial statements for the year ended 12/31/2015. They have […]

 

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