Review Starbucks’s 2017 Financial Statements And: A. Does The Company Use A Multi-step Or
Review Starbucks’s 2017 financial statements and: a. Does the company use a multi-step or a single-step format on the income statement? explain. b. what was the net earnings attributable to Starbucks for 2017? what was the basic earnings per common share for 2017? c. what was the amount of income taxes related to income before taxes for 2017? d. what was the amount of general and administrative expenses? e. What amount of depreciation and amortization expenses is reported separately on the income statement for 2017? how much depreciation and amortization expense is added back to the net income on the 2017 statement of cash flows? what item on the income statement includes the majority of the difference? f. what amount of dividends on common stock was paid and declared in 2017? if these amounts differ where is the difference on the balance sheet? g. are Starbucks’s revenues seasonal? if so, in which two quarters did Starbucks generate the most revenues for 2016 and 2017? h. did Starbucks use the direct or indirect method to determine the net cash provided by operating activities in 2017? what was the amount? i. what was the cash used in investing activities in 2017? j. what cash was used for financial activities in 2017?
Question 1 One Objective Of ERP Software Is To A. Provide Business-and-people Processes Education
Question 1 One objective of ERP software is to A. Provide business-and-people processes education to enterprise employees B. Eliminate the use of people to enter data into the system C. Disconnect information flows between the enterprise and its business partners to reduce the possibility of system contamination by viruses or worms D. Minimize the amount of data available to executives to avoid the problem of managers suffering from an overabundance of irrelevant information Question 2 Consider the following items A Red Volkswagon Beetle belonging to Cheryl VanBuren A Red Corvette belonging to Walter Cherrington A blue Z71 pickup truck belonging to Amy Patrick A green Volkswagon Beetle belonging to Amy Patrick A red Corvette belonging to Chris Wolverine To represent these items in a conceptual model at the type level, which symbol is most appropriate A. Car B. Vehicle C. Name D. Color Question 3 Which REA ontology level focuses on the resource flows between the interconnected business process A. Task B. Business Process C. Value System D. Value Chain E. Both A and B Question 4 Which of the following model focuses primarily on the resources exchanges between the enterprise and its various external business partners such as suppliers, customers, creditiors investors and employees A. Value system-level REA model B. Value Chain level REA model C. Business process level REA model D. Task level REA model E. None of the above
Hello, Are You Able To Help With The Following? Halifax Hockey Sticks Makes Kevlar
Hello, Are you able to help with the following? Halifax Hockey Sticks makes kevlar hockey sticks. Their costs are as follows: Materials and labour $16.00/stick Royalty to Auston Mathews for use of his name on stick $1.05/stick Average cost of shipping to distributors $2.00/stick Advertising and promotion per annum $500,000.00 Factory costs and overhead per annum $450,000.00 Wholesale price charged to retailers $55.00/stick Calculate the following: a) Retail price of sticks to consumers if retailers use a 55% mark up, b) contribution margin per stick, c) breakeven volume in number of sticks, d) net profit if company sells 500,000 sticks per annum and e) number of sticks that need to be sold to make $650,000 profit. Thanks,
Exercise 5-4 A Pronghorn Corp. Has Decided To Expand Its Operations. The Bookkeeper Recently
I need help with this question please, I have included the options available in picture 6.
—-Australian Accounting System ——- In Early July 2019, Masterton Ltd Is Considering The Acquisition
—-Australian Accounting System ——- In early July 2019, Masterton Ltd is considering the acquisition of some machinery for $1 100 000 to be used in the manufacture of a new product. The machinery has a useful life of 10 years, during which management plans to produce 500 000 units of the new product. The residual value of the machinery is $100 000. The following projections were made in order to select a depreciation method to be used for the machinery. In calculating the profit before depreciation, all expenses have been deducted, including the repairs and maintenance expense. Ignore GST Required (a) As the accountant for Masterton Ltd, prepare separate depreciation schedules for the machinery for the 5-year period, using the following depreciation methods: i. straight-line ii. diminishing balance iii. sum-of-years’-digits iiii. units-of-production. Use the following headings for each schedule: ‘Year ending 30 June’, ‘Annual depreciation expense’, ‘Accumulated depreciation’, ‘Carrying amount at end of year’. (b) Prepare a report for management, stating the advantages and disadvantages of each depreciation method. Include in the report your recommendations on the choice of method consistent with the requirements of IAS 16/AASB 116. Support your recommendations with schedules showing the total annual cost of operating the machinery, and the profit after depreciation. (c) Write an addendum to your report, making further recommendations based on the following additional information supplied to you by management. As an alternative to acquiring the machinery, management is considering leasing the machinery for an annual rental charge of $250 000; all repairs and maintenance costs would be paid by the lessor. Secondly, management wishes to show the most favourable financial results in anticipation of acquiring a long-term bank loan.
Question 1 As The Manager Of A Company, You Are Concerned That Not All
Question 1 As the manager of a company, you are concerned that not all customer orders are being shipped. To test whether all orders for the year have been shipped, you would A. Review all customer order and make sure that each has a related bill of lading B. Review all customer order and make sure that each has a related sales invoice C. Review all bills of lading and make sure that each has a related sales invoice D. Review all sales invoice to make sure that they have been posted in the related journal E. Review all customer orders to make sure that each has been posted in the related journal Question 2 Which items in the following list are required for the preparation of a proper bank reconciliation I. Bank Statement II. Cash Receipts Journal III. Sales Journal IV. General Ledger V. Prior months bank reconciliation VI. Cash Disbursements Journal VII. Account Payable trial balance A. I, II, III, V, VI B. I, II, III, IV, V, VI C. I, II, IV, V, VI, VII D. I, II, V, VI E. I, II, IV, V, VI
5.) The Jackson Family Buys A House For $295,000 With A Down Payment Of
5.) The Jackson family buys a house for $295,000 with a down payment of $57,000. The family takes out a 30 year amortized mortgage on the remaining cost of the home at an annual interest rate of 3.85%. Payments (principal plus interest) of equal amount are paid monthly. Find the amount of the monthly payment needed to amortize this loan.
6.) The Jackson Family Buys A House For $295,000 With A Down Payment Of
6.) The Jackson family buys a house for $295,000 with a down payment of $57,000. Consider the Jackson family’s purchase of a house described in problem #5. At the end of 12 years the Andersons inherit some money and want to pay the remaining balance on the amortized loan. What would the this remaining balance?
7.) You Win A Lottery Prize That Has A Total Value (after Taxes) Of
7.) You win a lottery prize that has a total value (after taxes) of $35,850,000. 30 yearly payments of $1,195,000 would be made if you took the winnings over the 30 year payout with the first payment being made immediately and the remaining equal payments being made yearly at the beginning of each year. The lottery would buy an annuity which has an annual interest rate of 5.2%. You elect the alternative and take the cash value of this annuity now. You calculate that you can make more money by investing the winnings at a higher rate than 5.2%. What is the cash value of this annuity?
8.) You Graduate From College And Start Work. You Establish An Investment Plan Whereby
8.) You graduate from college and start work. You establish an investment plan whereby you contribute $165 from each of your monthly paychecks and get 5.25% interest compounded monthly. You have your first payment payroll deducted and deposited into the IRA (individual retirement account) at the end of your first month’s work. If you intend to work for 45 years, what will be the value of this investment when you retire? Show work
9.) You Are Buying A Car That Cost $26,500. You Make Payments Of $412
9.) You are buying a car that cost $26,500. You make payments of $412 each month for 4 years. The interest rate charged on the amount owed after you made the down payment is 2.9% per year. What will be the amount of your down payment? show work
11.) You Have Steady Employment And Earn A Regular Salary. You Have Saved $5400
11.) You have steady employment and earn a regular salary. You have saved $5400 that you want to invest in a certificate of deposit that pays a stated rate (nominal rate) of 4.6%. The interest on this CD is compounded weekly (52 weeks in a year for banking purposes). What is effective rate (annual percentage rate, APY)? (Hint: The effect rate should be greater than the nominal rate.) Show work
12.) Consider The Future Value Of An Ordinary Annuity And An Annuity Due. A.)
12.) Consider the future value of an ordinary annuity and an annuity due. a.) Define each and explain the difference between these two types of annuities. (Hint: Begin by defining each. Then explain the difference. Use complete sentences.) b.) Which of these plans will produce a greater value at the end of the total time period for the annuity? Why is this so? (Use complete sentences to answer.) Show work
The Management Of Clarence Industries Has Found In The Past That Customers Of The
The management of Clarence Industries has found in the past that customers of the business pay 50% of their accounts from credit sales in the month following the sale, and 40 % in the second month. The remaining 10% of accounts are usually collected in the third month. The following table shows the credit sales of the business: Actual Sales April 15600 May 14500 June 12800 Estimated Sales July 16100 August 11200 September 12600 Required: Prepare a schedule to show estimated cash collections from customers for the months of July, August and September.
13.) You Invest $5500 In A Bond That Pays An Annual Compound Interest Rate
13.) You invest $5500 in a bond that pays an annual compound interest rate of 6.75%. How many years will it take for this bond to be worth triple (3 times the initial value)? Show your equation, substitution, all algebra work, and correct answer? Show work
14.) Suppose That The Present Annual Inflation Rate Is 3.2% And You Project That
14.) Suppose that the present annual inflation rate is 3.2% and you project that this will be the maintained. Recall that the inflation rate is the amount a typical collection of primary goods and services will increase in price each year. This is defined by the national government. How many years will it take for the overall level of prices to be 1.75 times what the level is now? (Hint: This a compound interest situation. You will need to use logarithms to solve this problem.) Show work
Can Someone Show Me How This Is Done Please? Due Today
I Appreciate It..thanking
Can someone show me how this is done please? Due today I appreciate it..thanking you in advance! is a spread sheet necessary?? please show me how this should be done accordingly. thanks again!
Hannah Louisa, The Sole Owner Of Hannah’s Hair Fashions Has Prepared A Budgeted Profit
Hannah Louisa, the sole owner of Hannah’s Hair Fashions has prepared a budgeted profit and loss statement for the month of May. She has asked you to prepare a Cash Budget for the business for May so that she can determine how much cash she can withdraw during May and still maintain her desired minimum monthly cash balance of $600. She provides you with the following additional information about the business. The business pays for 70% of its purchases in the month of purchase and 30% in the month following the purchase. Sixty per cent of all sales are collected in the month of sale and 40% the following month. The annual insurance premium was prepaid in January and the quarterly rates are to be paid in May $270. All other cash expenses are paid in the current month. The cash at bank balance at 1 May was $775. A new piece of hair styling equipment costing $180 will be paid for in May. Additional information is as follows: April sales $1,760 April purchases 1020 May purchases 1320 HANNAH’S HAIR FASHIONS Budgeted Profit and Loss Statement For the month of May Sales revenue $2200 Cost of goods sold 990 Gross profit 1210 Operating expenses: Insurance expense 75 Rent expense 150 Wages expense 550 Rates expense 90 Depreciation expense 50 915 Net profit $295 Required: Prepare a cash budget for the month of May. How much cash can the owner of Hannah’s Hair Fashions withdraw during May and still maintain the minimum cash balance required? It may occur that she needs to contribute cash to maintain the required minimum cash balance.
Concept For Analysis 8-10 PLEASE SHOW HOW YOU GET THE ANSWERS !!! Concord Company
Concept for Analysis 8-10 PLEASE SHOW HOW YOU GET THE ANSWERS !!! Concord Company is considering changing its inventory valuation method from FIFO to LIFO because of the potential tax savings. However, management wishes to consider all of the effects on the company, including its reported performance, before making the final decision. The inventory account, currently valued on the FIFO basis, consists of 1,000,000 units at $8 per unit on January 1, 2017. There are 1,000,000 shares of common stock outstanding as of January 1, 2017, and the cash balance is $406,920. The company has made the following forecasts for the period 2017–2019. 2017 2018 2019 Unit sales (in millions of units) 1.09 1.02 1.31 Sales price per unit $10 $12 $12 Unit purchases (in millions of units) 1.02 1.09 1.2 Purchase price per unit $8 $9 $10 Annual depreciation (in thousands of dollars) $300 $300 $300 Cash dividends per share $0.15 $0.15 $0.15 Cash payments for additions to and replacement of plant and equipment (in thousands of dollars) $350 $350 $350 Income tax rate 40% 40% 40% Operating expenses (exclusive of depreciation) as a percent of sales 15% 15% 15% Common shares outstanding (in millions) 1 1 1 (a) Compute the following data for Concord Company under the FIFO and the LIFO inventory method for 2017–2019. Assume the company would begin LIFO at the beginning of 2017. (Enter amounts in thousands. Round earnings per share values to 2 decimal places, e.g. 52.75. Round other answers to 0 decimal places, e.g. 125.) (1) Year-end inventory balances. (2) Annual net income after taxes. (3) Earnings per share. (4) Cash balance. Assume all sales are collected in the year of sale and all purchases, operating expenses, and taxes are paid during the year incurred. Year-end inventory balances 2017 2018 2019 FIFO $ $ $ LIFO $ $ $ Annual net income after taxes 2017 2018 2019 FIFO $ $ $ LIFO $ $ $ Earnings per share 2017 2018 2019 FIFO $ $ $ LIFO $ $ $ Cash balance 2017 2018 2019 FIFO $ $ $ LIFO $ $ $ Expert Answer
This Is The Assignment Question. I Have The Excel Data File But Could Not
This is the assignment question. i have the excel data file but could not post here but i can provide it if there is any other way Note (Important): (1) This is an individual assignment. It accounts for 5% of your grade. (2) Your final solution should be ONE Microsoft Excel 2016 file (.xlsx file) that is submitted via Blackboard. (3) Pay attention to details: all questions are detail-oriented to test specific skills. Make sure you read the instruction word by word carefully. Otherwise, you might lose points for failing to fulfill any of the clearly specified requirements. (4) You may want to submit your solution at least 30 minutes before the deadline. Make sure you click “Submit” rather than “Save Draft” to actually submit. You are required to double-check your submission by downloading it and opening it to see if it is your final version. You will be responsible for any technical difficulty or mistake on your side that results in submitting the wrong work or your work not being submitted or being accepted as late. No exceptions will be made. (5) Make good use of the videos and tutorials. Assignment #1: Microsoft Excel (Total: 50 pts) This is an actual dataset based on the Monthly House Sales Report from U.S. Census Bureau (https://www.census.gov/topics/housing. html/), showing the monthly sales of single-family houses in four regions of United States from 2010 to 2016. You are hired by US Census Bureau as an analyst intern and you have been asked to use your analytical skills and expertise with Excel to complete the following tasks. Q0. Downloaded the data (HouseSales_2010_2016.xlsx) from Blackboard. Rename it exactly as your last name followed by your G number without “G” and then followed by suffix “_Excel_1”. There should not be extra spaces or underlines in between. For example, the file’s name should be like Hampe12345678_Excel_1.xlsx. You will work on Q1-Q11 on this Excel file and then submit it via Blackboard. (1 pts) Q1. (Freeze Panes) Create a copy of the SingleFamilyHouse worksheet and name it Q1. In the Q1 worksheet, freeze the top label row. (1 pts) Q2. (Conditional Formatting) Create a copy of the Q1 worksheet and name it Q2. In the Q2 worksheet, highlight the sales less than 4 (in Thousands of Units) with “Light Red with Dark Red Text.” Do not delete any record. Results created not using Conditional Formatting will get zero point. (1 pts) Q3. (Sorting) Create a copy of the Q1 worksheet and name it Q3. In the Q3 worksheet, sort the records by Region (in the ascending order) as the first level of sorting AND by Sales (in the descending order) as the second level of sorting so that one can see for each region which month yields the best sales. (2 pts) MBUS 302 Microsoft Excel Assignment #1 Page 2 of 3 Q4. (AutoFilter) Create a copy of the Q1 worksheet and name it Q4. In the Q4 worksheet, use AutoFilter to only display the sales data for the South region in the first quarter (i.e., January, February, and March) AND sort the data by sales in the descending order. Do not delete any record. Results created not using AutoFilter will get zero point. (2 pts) Q5. (Chart) Create a copy of the Q1 worksheet and name it Q5. In the Q5 worksheet, create a column chart to answer this business question: how does each region perform compared to each other in October 2015? The region should appear on the horizontal axis. Add a proper title for the chart and proper descriptions of the horizontal and vertical axes. Results created not using AutoFilter to only show the relevant sales records first will lose points. (3 pts) Q6. (Chart) Create a copy of the Q1 worksheet and name it Q6. In the Q6 worksheet, use line chart to answer this business question: how does the monthly sales trend for Midwest region in year 2015 differ from that in year 2016? You need to show the monthly sales trend for year 2015 in one line and the monthly sales trend for year 2016 in a second line within the same graph. The month name (NOT numerical month) should appear on the horizontal axis. Add a proper title for the chart and proper descriptions of both axes. Results created not using AutoFilter to only show the relevant sales records first will lose points. (7 pts) Q7. (Subtotal) Create a copy of the Q1 worksheet and name it Q7. In the Q7 worksheet, use Subtotal command to answer this business question: what is the total sales across all regions in each quarter of each year? Namely, you need to show the total sales for 2010 Q1, 2010 Q2, 2010 Q3, 2010 Q4, 2011 Q1, 2011 Q2, etc. Hint: you need to sort the data properly first; and then choose the right “At each change in” column for Subtotal. Results created not using the Subtotal command will get zero point. (7 pts) Q8. (PivotTable) Create a copy of the Q1 worksheet and name it Q8. In the Q8 worksheet, first use PivotTable to answer this business question: what is the total sales across all regions in each quarter of each year? Your numbers should match the numbers in Q7. Then further design the PivotTable to answer this business question: within each year, what is the total sales for each region in each quarter? Make sure that the PivotTable is near the top of the worksheet. (7 pts) Q9. (PivotChart) Create a copy of the Q1 worksheet and name it Q9. In the Q9 worksheet, add a PivotChart to answer this business question: how is the overall sales in year 2014 distributed among the different regions? Make sure that the PivotTable and the Pie Chart are near the top of the worksheet, and the Pie Chart has the percentage data labels and a meaningful title. Hint: You should always use the entire data to create the PivotTable or PivotChart first and then make any necessary filtering inside the PivotTable. (7 pts) MBUS 302 Microsoft Excel Assignment #1 Page 3 of 3 Q10. (Formula/Function) Create a copy of the Q1 worksheet and name it Q10. In the Q10 worksheet, do the following: (9 pts) (1) Use formulas to display the average sales, the maximum sales, and the minimum sales number across all the individual sales numbers. There is only one number for average, one number for maximum, and one number for minimum. (3 pts) (2) Create a column labeled Less than Average to the right of the Sales (in Thousands of Units) column and use formula to display “Yes” if sales figure is less than the average sales figure and “No” otherwise. To specify the condition formula in the IF function, you have to use absolute reference which refers to the cell of the average sales figure. Results created not using formulas will get zero point. Results created not using absolute reference will lose points. (3 pts) (3) Then use formulas to count how many sales figures is less than the average AND how many sales figures reaches at least the average. (3 pts) Q11. (Creativity) Create a copy of the Q1 worksheet and name it Q11. In the Q11 worksheet, write down a business question that is not covered in previous questions and can be answered by using PivotTable or PivotChart. Your business question should be in the form of a question a manager or supervisor might be interested in as seen in Q8, Q9, etc. Then add the PivotTable or PivotChart analysis to answer your business question (3 pts)
Record The Following Transactions For Wheeler Company: Wheeler Sold $2,000 Of Merchandise To
Record the following transactions for Wheeler Company: Wheeler sold $2,000 of merchandise to Ellis Inc., terms 2/10, n/30. Eliis returned $400 of the merchandise to Wheeler. Wheeler receives payment from Ellis. I need help with this problem. I am not sure what entries to make with the sold merchandise and the return one. I think that it would be sold merchandise debit 2000 return sales and allowances credit 400?
PLACE THIS ORDER OR A SIMILAR ORDER WITH SMASHING ESSAYS
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