You want to request funding to help pay for supplies

Get college assignment help at Smashing Essays Question You want to request funding to help pay for supplies for a training exercise for your non-profit. You will charge a subsidized cost to help cover expenses and hope the grant will cover the remaining.The estimated fixed cost associated with the training will be $5,000The cost for attendance and each set of materials for the attendees will be $100 per person.The actual cost of each set will be $50/setHow much should you request for grant funding to breakeven on the training exercise if 30 people are expected to participate?

Questions:I require assistance preparing a cash flow statement for Benin

Question Questions:I require assistance preparing a cash flow statement for Benin Bakeries Inc. for 2018 using the indirect method. I need to show interest and income taxes paid on the face of the statement.Information:⦁ Capital assets that had cost $90,400 were sold for proceeds of $34,200.⦁ A stock dividend valued at $50,000 was declared and distributed in June 2018.⦁ Equipment valued at $80,000 was acquired for preferred shares during the year.⦁ Bonds with a face value of $400,000 were issued for $368,000 cash in January 2018. No bonds were redeemed during the year.⦁ The temporary investments were considered to be cash equivalentsFollowing are the income statement for 2018 and the comparative statement of financial position for the year ended December 31 of that year for Benin Bakeries Inc. Attachment 1 Attachment 2 ATTACHMENT PREVIEW Download attachment 1.jpg Statement of Income for the year ended December 31, 2018 Revenues and gains: Sales $ 1,520,080 Interest and dividends 61, FED Gain on sale of investments 14, FED $ 1,595,GOD Expenses and losses: Cost of goods sold 700, 090 Selling experises 80,400 Amortization expense 39,200 Interest expense 16,680 Loss on sale of equipment 4,200 Income tax expense 276,400 1,066,800 Net income $ 528,200 ATTACHMENT PREVIEW Download attachment 2.jpg Statement of Financial Position as at December 31, 2018 2018 2017 Assets: Cash 134,460 $ 98,200 $ 36,200 Temporary investments 24, GOD Accounts receivable 418,090 480,GOD (62,000) Inventory 340,160 330,GOD 10,10P Prepaid expenses 24,100 4,100 Long-term investments 17,800 (17,80p) Property, plant and equipment (net) 1,628,400 1,390,GDP 238,400 $ 2,577,000 $ 2,344,GOD Liabilities and Shareholders’ Equity: Accounts payable $ 179, 800 $ 208,600 (28,800) Income taxes payable 123, OFD 80, FEE 43,GOD Dividends payable 32,0PO Bonds payable 372,000 372,G00 Deferred income tax liability 28,460 14,200 14,200 Preferred shares 180, PFD 80, COP Common shares 790, 090 90,000 Retained earnings 871, 8F0 1,241,200 (369,400) $ 2,577,060 $ 2,344,G00Read more

The following is my discussion question and I do not

Question The following is my discussion question and I do not understand it at all. Please help.”Accounting for a Loss Contingency”Assume that there is a fire at a company’s manufacturing plant that not only results in a total loss of the plant but also damages several surrounding businesses. The company anticipates material exposure from the adjacent businesses regarding both building loss and lost income claims. However, the company also expects this loss to be recovered through insurance. The company does not want to reflect this in their financial statements because it reasonably expects there to be no net financial impact. However, they are aware that the SEC Staff Accounting Bulletin 92 (SAB 92) generally prohibits offsetting insurance coverage before disclosing or accruing a loss contingency. As chief financial officer (CFO), discuss the guidance and advice you would provide the chief executive officer (CEO) relative to the disclosures of a potential contingent loss.  

Urgently please. I need answers for these 2 questions:1) Luzella

Question Urgently please. I need answers for these 2 questions:1)    Luzella is the brand manager for the Nintendo Wii. She sells her product to Best Buy for $199 and Best Buy sells it at a retail price of $269 to consumers. Sales were going well; in 2008, Luzella sold 3 million units of the Wii. But now, sales were beginning to slow down. To get sales moving again, Luzella wanted to launch a $20 million advertising campaign targeted to senior citizens which would feature the new Wii Fit game. Luzella knew that her product was very profitable, with variable costs of $100, so it seemed like she could afford to spend money advertising the product. She submitted her advertising plan to her boss Tess. Tess liked the idea, but asked Luzella few questions: a)    How many incremental units of product she would have to sell to breakeven on the advertising investment, and whether this quantity was feasible, given current sales levels. b)    Can Luzella feasibly sell this quantity if she runs her advertising campaign? Why or why not?    c)    Calculate the number of units’ company needs to sell in order to earn the target profit of $ 4million. d)    Calculate the minimum volume of sales required to maintain the current profit, under the given two scenarios:a.     If the selling prices is raised from $199 to $249, b.    If the fixed cost fall by $5million but the variable costs rise to $125 per unit, calculate the minimum volume of sales required to maintain the current profit.2) The Instyle produces only two products: Leather Bags and Leather Shoes. The company uses a normal cost system and overhead costs are currently allocated using a plant-wide overhead rate based on direct labor hours. Outside cost consultants have recommended, however, that the company use activity-based costing to charge overhead to products. The company expects to produce 4,000 leather bags and 2,000 leather shoes in 2017. Each leather bag requires two direct labor hours to produce and each pair of shoe requires half hour to produce. Material and labour costs are given below:Bags               ShoesDirect material cost/unit                                           $30                 $17Direct labour cost/unit                                              $16                 $4 Budgeted (Estimated) Total Factory Overhead Data For 2017: Activity Budgeted Overhead Dollars Estimated Volume Level Production Setups $80,000 20 setups Material Handling $70,000 5,000 lbs. Packaging and Shipping $120,000 6,000 boxes Total Factory Overhead $270,000 Based on an analysis of the three overhead activities, it was estimated that the two products would require these activities as follows in 2017: Activity Leather Bags Leather Shoes Overall Totals Production Setups 5 setups 15 setups 20 setups Material Handling 1,000 lbs. 4,000 lbs. 5,000 lbs. Packaging and Shipping 4,000 boxes 2,000 boxes 6,000 boxes Required:1.    Calculate the cost of both product bags

This question was created from Fall 2017 Acct 203- Chapter

Question This question was created from Fall 2017 Acct 203- Chapter 20 Class Exercises(3)(1) (1).docx https://www..com/file/30503548/Fall-2017-Acct-203-Chapter-20-Class-Exercises31-1docx/ how do you find the vales to complete this table ATTACHMENT PREVIEW Download attachment 30503548-333345.jpeg The Creamery Sales Budget For the Month of April Units Price Sales Cream Ice Cream Total

Following is Jordyn Inc.’s comparative balance sheets at December 31,

Question  Following is Jordyn Inc.’s comparative balance sheets at December 31, 2015 and 2016 and statement of income and retained earnings for the year ended on December 31, 2016:Additional information:·       The cash equivalents are term deposits that mature on average in sixty days. The bank overdrafts are temporary revolving lines of credit and typically reverse within a few days. Jordyn Inc. has elected to include both of these in cash and cash equivalents.·       There were no disposals of buildings in 2016.·       Amortization of patents is included in other operating expenses.·       Equipment with an original cost of $46,000 and a carrying value of $28,000 was sold during the year.·       During the year, Jordyn Inc. acquired land with a fair value of $200,000 in exchange for some preferred shares.·       There were no purchases or sales of long-term investments during 2016.·       During the year, the company initiated an executive stock option plan. The entire contributed surplus balance relates to that plan.·       No bonds were issued or redeemed in 2016.·       Jordyn Inc. follows the usual Canadian practice with respect to its classification of interest and dividends received and interest and dividends paid.Required:Prepare Jordyn Inc.’s statement of cash flows for 2016 using the indirect method. Attachment 1 Attachment 2 ATTACHMENT PREVIEW Download attachment 图片 1.png Cash Cash equivalents Accounts receivable Inventory JORDYN INC. STATEMENTS OF FINANCIAL POSITION 7 7 5 Long-term investment (equity method) Land Buildings Accumulated amortization, buildings Equipment Accumulated amortization, equipment Patents, net of amortization Bank overdrafts Accounts payable Income taxes payable Dividends payable Notes payable, long-term Bonds payable Preferred shares Common shares Retained earnings Contributed surplus — stock options 2015 92,000 72,000 595,000 854,000 835,000 1,280,000 2,520,000 (800,000) 1,254,000 (320,000) 120,000 5,714,000 444,000 52,000 40,000 840,000 1,998,000 972,000 1,492,000 836,000 40,000 6,714,000 S 2015 112,000 90,000 542,000 804,000 800,000 1,000,000 2,550,000 (720,000) 1,280,000 (270,000) 130,000 5,328,000 186,000 382,000 70,000 100,000 920,000 1, 990,000 760,000 1, 33 2,000 588,000 6, 328,000 Change 5 (20.000) ‘ (18, 000) 154,000 50,000 36,000 280,000 60,000 (80, 000) (15, 000) (50, 000) (10, 000) 5 386,000 ‘5 (185,000) 52,000 (18, 000) (50, 000) (80, 000) 8,000 212,000 150,000 248,000 40,000 5 386,000 Read more ATTACHMENT PREVIEW Download attachment 图片 2.png JORDYN INC. STATEMENT OF INCOME AND RETAINED EARNINGS for the year ended December 31, 2016 Revenues: Sales S 2,000,000 Interest from term deposits 54,000 Equity income from long-term investment 124,000 S 2,178,000 Expenses and losses: Amortization expense S 148,000 Cost of goods sold 628,000 Compensation expense 344,000 Other operating expenses 264,000 Interest expense 190,000 Loss on sale of equipment 22,000 1,596,000 Income before income taxes 582,000 Income tax expense (all current) 192,000 Net income for the year 390,000 Opening retained earnings 588,000 Dividends declared ‘ (142,000) Ending retained earnings S 836,000

Following are the income statement for 2018 and the comparative

Question Following are the income statement for 2018 and the comparative statement of financial position for the year ended December 31 of that year for Benin Bakeries Inc.Other information:·      Capital assets that had cost $90,400 were sold for proceeds of $34,200.·      A stock dividend valued at $50,000 was declared and distributed in June 2018.·      Equipment valued at $80,000 was acquired for preferred shares during the year.·      Bonds with a face value of $400,000 were issued for $368,000 cash in January 2018.  No bonds were redeemed during the year.·      The temporary investments were considered to be cash equivalents.Required:Prepare cash flow statement for Benin Bakeries Inc. for 2018 using the indirect method.  Show interest and income taxes paid on the face of the statement. Attachment 1 Attachment 2 ATTACHMENT PREVIEW Download attachment 图片 1.png Statement of Income for the year ended December 3], 2018 Revenues and gains: Sales 5 1,520,000 Interest and dividends 61,000 Gain on sale of investments 14,000 5 1,595,000 Expenses and losses: Cost of goods sold 5 700,000 Selling expenses 80,400 Amortization expense 39,200 Interest expense 16,600 Loss on sale of equipment 4,200 Income tax expense 226,400 1,066,800 Net income 5 528,200 ATTACHMENT PREVIEW Download attachment 图片 2.png Statement of Financial Position as at December 31, 2018 ‘ 2013 Assets: Cash 5 134,400 Temporary investments 32,000 Accounts receivable 418,000 Inventory 340,100 Prepaid expenses 24,100 Long-term investments – Property, plant and equipment (net) 1,628,400 5 2,577,000 Liabilities and Shareholders’ Equity: Accounts payable 5 179,800 Income taxes payable 123,000 Dividends payable 32,000 Bonds payable 372,000 Deferred income tax liability 28,400 Preferred shares 180,000 Common shares 790,000 Retained earnings 871,800 5 2,577,000 r S S S S 2017 93,200 5 35,200 3,000 24,000 430,000

This question was created from ACC 460 Week 4 Team

Question This question was created from ACC 460 Week 4 Team Assignment Not-for-Profit Financial Reporting Paper.docx https://www..com/file/36627401/ACC-460-Week-4-Team-Assignment-Not-for-Profit-Financial-Reporting-Paperdocx/ Analyze the financial statements and audit report of a not-for-profit organization readily and publically available on an active website. overview of one not-for-profit organization in an area of interest to your team and review the financial statements and audit report for the organization. Address the following: Evaluate how the selected not-for-profit’s financial statements conform to Financial Accounting Standards Board (FASB) guidance in Statement No. 117, Financial Statements of Not-for-Profit Organizations. Compare the organization’s reporting of pledges and contributions to its reporting of exchange transactions. How should they be recorded and subsequently reported in the financial statements. Explain the impact if your not-for-profit confers excess economic benefits on disqualified persons. ATTACHMENT PREVIEW Download attachment 36627401-333354.jpeg Preparea 700-to 1,050-word reaction to the accompanying inquiries: Why is it essential to keep paid-in capital separate from earned capital? As a financial specialist, is paid-in capital or earned capital progressively vital? Clarify why. As a financial specialist, are essential or weakened income per share increasingly imperative? Clarify why.

You are thinking about investing your money in the stock

Question You are thinking about investing your money in the stock market. You have the following three stocks in mind: TBL, CRDB, and SIMBA. You know that the economy is expected to behave according to the following table. You believe the likelihood of each scenario is identical (all states of nature have equal probabilities). You also know the following about your two stocks:   State of Nature Returns TBL CRDB SIMBA Depression -20% 5% -5%Recession 10% 20% 5%Normal 30% -12% 5%Boom 50% 9% -3% Requireda)     Basing on the expected returns and in the assumption that you should invest in only one stock market, determine which stock you should invest in. and what will be expected return of the chosen stock

Operating leverage exists when:a company utilizes debt to finance its

Question Operating leverage exists when:a company utilizes debt to finance its assets.management buys enough of the company’s shares of stock to take control of the corporation.the organization makes purchases on credit instead of paying cash.small percentage changes in revenue produce large percentage changes in profit.

At the beginning of the year, Quaker Company’s liabilities equal

Get college assignment help at Smashing Essays Question At the beginning of the year, Quaker Company’s liabilities equal $57,000. During the year, assets increase by $60,000, and at year-end assets equal $190,000. Liabilities decrease $6,000 during the year. What are the beginning and ending amounts of equity? 

When laying out a timeline for a cost estimate, it

Question When laying out a timeline for a cost estimate, it is preferable to lay out the plan chronologically from beginning to end.TrueFalse

Abbot Company spent less than expected for materials and more

Question Abbot Company spent less than expected for materials and more than expected for labor. Select the incorrect statement from the following.You can always expect unfavorable labor variances if you have favorable material variances.In order to facilitate cost control, it will be necessary to analyze the price and quantity of each resource used in production.It cannot be determined from the information provided whether employees were paid higher wages or if they worked more hours.It cannot be determined from the information provided whether the company paid a lower purchase price for materials or if workers used less materials.

A _____________ forms the basis of reporting structures used for

Question A _____________ forms the basis of reporting structures used for reports placed on contract such as Cost and Software Data Reporting (CSDR), Contract Performance Reports (CPR), and Contract Funds Status Reports (CFSR).-Cost Element Structure-Cost Analysis Requirements Description (CARD)-Work Breakdown Structure-None of the above

Standard cost systems facilitate the management practice known as:Management by

Question Standard cost systems facilitate the management practice known as:Management by the numbers.Management development.Managing by exceptionJust-in-time management.

Which agency is responsible for conducting independent Cost Estimates for

Question Which agency is responsible for conducting independent Cost Estimates for all ACAT ID and IAM programs? />

A Cost Analysis Requirements Description is required for all Acquisition

Question A Cost Analysis Requirements Description is required for all Acquisition Category programs? />TrueFalse

We learned in an earlier unit that the problem-solving process

Question We learned in an earlier unit that the problem-solving process involves seven steps (the first five of which are part of the decision-making process):1.    Define the problem2.    Identify the alternatives3.    Determine the criteria4.    Evaluate the alternatives5.    Choose an alternative6.    Implement the selected alternatives7.    Evaluate the resultsWhat type of errors might occur at the various steps of the process that can impact the quality of a decision or future decision? Can you find examples from your own experience or from the media that demonstrate what errors occurred and how the error impacted the quality of the final results?For your peer responses, comment on the examples described by your peers, and suggest actions you might take to mitigate the impact of errors or hold errors to an acceptable levele

Hi, I have an assignment in accounting. It is based

Question Hi, I have an assignment in accounting. It is based on cost-volume-profit. The information for the assignment:I am considering to buy a hybrid car. The hybrid car will cost 5,400 more than a traditional car. The hybrid car has 40 miles per gallon while the traditional car has 30 per gallon. Assume that the gas cot $2.40 per gallon. (pd: I translated the information from Spanish because the original assignment is in Spanish, I will attach the info in Spanish just in case it is hard to understand the translation). Questions:1- What is the variable cost in gas per mile in the hybrid car and in the traditional car?2- Using the information from question (1), and assuming that the measurement units are “miles”, What is the contribution margin of the hybrid car in relation with the traditional car?. Express the savings in variable costs based on each mile.3- How many miles will you have to drive in order to achieve the break-even point with the hybrid car?4- What other factor should be considered to buy the hybrid car? Original assignment:El análisis costo-volumen-utilidad también se puede utilizar en la toma de decisiones financieras personales. Supongamos que usted está considerando la compra de un vehículo híbrido. El coche híbrido inicialmente costará $5,400 por encima del costo de un vehículo tradicional. El híbrido le provee 40 millas por galón de gasolina, mientras que el coche tradicional solo le provee 30 millas por galón. Asuma que el costo del gas es $2.40 por galón.   REQUERIDO: Usando los datos anteriores, responda las siguientes preguntas.  (1) ¿Cuál es el costo variable de la gasolina por cada milla con el coche híbrido y para el coche tradicional? (2) Utilizando la información de la pregunta (1), si “millas” es su unidad de medida, ¿cuál es el “margen de contribución” (contribution margin) del vehículo híbrido en relación con el vehículo tradicional? Es decir, exprese el ahorro en costos variables en base a cada milla.  (3) ¿Cuántas millas tendría que conducir con el fin de alcanzar el punto de equilibrio en su inversión en el coche híbrido?  (4) ¿Qué otros factores debe considerar al tomar la decisión sobre esta compra: híbrido versus tradicional? 

Consider the balance sheet of the following bank. /> Chase

Question Consider the balance sheet of the following bank. />                                        Chase    ——————————————————————————    Reserves      3000      Checkable Deposits     5000    Loans          7000      Savings and Time Deposits 8000       Bond Holdings     4000     Equity              1000    Using balance sheets, show all the balance sheet steps of Chase making a loan of $1000. Provide a brief explanation for each step and assume that the loan check is re-deposited in another bank (provide a balance sheet for that bank as well). Verify how the money supply (M2) changes as a result

I am stuck on this question. Please help! I am

Question I am stuck on this question. Please help! I am NOT looking to be given the answer but maybe some steps to help me solve it? ATTACHMENT PREVIEW Download attachment Screen Shot 2019-08-05 at 11.16.48 AM.png bf] ‘l’l – Interactlve Presentations u have!) Hell The stockholders’ equity section of Jun Company’s balance sheet as of April 1 follows. On April 2, Jun declares and distributes a 10% stock dividend. The stock’s per share market value on April 2 is $20 (prior to the dividend). 0.33 points Common stock—$5 par value, 375,000 shares authorized, 200,000 shares issued and outstanding $1,000,000 Paid-in capital in excess of par value, common stock 600,000 B k Retained earnings 833,000 ……. e_.°°……_.. Total stockholders’ equity $2,433,000 Hint Prim Prepare the stockholders’ equity section immediately after the stock dividend. References Total paid—in capital Total stockholders’ equity

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