Submitted By gcernea

Words 337

Pages 2

Words 337

Pages 2

12-4

a. Company A - $1000 Company B - $1000

b. Operating leverage is the use of fixed cost to increase net income, and company B uses more operating leverage.

c. Company A because it has lower fixed costs

d. Company B because it has lower variable costs that will increase proportionally

12-10 Lucy’s Lockets Desi’s Delights 2008 2007 2008 2007

Asset turnover 126% 122.2% 74.3% 76.7%

Profit margin 9.4% 9.1% 9.1% 9.5%

Return on Assets 11.8% 11.1% 6.8% 7.3%

Lucy’s Lockets uses their assets more efficiently to generate more profits.

12-19

Cobb is apparently riskier because they had an 18 million asset impairment charge and also sold 32 million of additional assets. Also, Cobb was not able to cover its interest payments out of operating income in either year which shows that they can’t even meet their obligations and are therefore very risky.

Chapter 13

Questions

13-1

The income statement reports the accrual-basis consequences while the statement of cash flows reports the cash-basis consequences of the operating activities

Exercise

13-19

a. Total units sold = 70 + 60 + 60 = 190

Total units in ending inventory = 60

FIFO ending inventory = (60 × 15) = $900

FIFO cost of goods sold = $2,500

b. LIFO ending inventory = 60 × 12 = $720

LIFO cost of goods sold = $2,680

c. Total cost of goods available for sale = 1,200 + 700 + 1,500 =…...

...FALL SEMESTER 2014 16-WEEK SEMESTER 1. Instructor Information: Professor: Jake Costin Office: Rio Grande Campus Phone: 512.461.4151 E-mail: jcostin@austincc.edu Office Hrs: 8:40 to 9:40 (after class or by appointment) 2. Course Description: BUSG 1303 PRINCIPLES OF FINANCE (3-3-0). Personal and business financial dynamics including monetary and credit theory, cash inventory, capital management, and consumer and government finance with emphasis on the time value of money. Skills: R ( ) Course Type: W 3. Required Textbooks/Materials: “Principles of Managerial Finance” Brief 6th Edition by Lawrence J. Gitman 4. Instructional Methodology: Instruction will be based on lectures and the required reading from the required text. All tests will be given in the classroom during class times. 5. Course Rationale: The course will provide an overview of managerial finance with focus on important concepts such as: the time value of money, risk and return, interest rates, and stock and bond valuations. Additionally, consideration will be given to both long and short term investment and financial decisions. 6. Course Objectives: Understand the following: a. Financial Statement Analysis b. Cash Flow and Financial Planning c. Time Value of Money d. Risk and Return e. Interest Rates, Stock and Bond Valuations f. Capital Budgeting g. Cost of Capital h. Leverage ......

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...ACC 202 Managerial Accounting Entire Course To Download This Tutorial Visit below Link http://www.studentsoffortunes.com/downloads/acc-202-managerial-accounting-entire-course/ (Product Type) : Instant Downloadable We invite you to browse through our store and shop with confidence. We invite you to create an account with us if you like, or shop as a guest. Either way, your shopping cart will be active until you leave the store. All Tutorials will be E-mailed immediately after the Payment, Please Check your inbox or Spam Folder and can also be downloaded by clicking on Tutorial Bucket. For Any Other Inquiry Feel Free to Contact us: studentsoffortunes@gmail.com For More Tutorials Visit: ( http://www.studentsoffortunes.com/ ) (Product Description) ACC 202 Week 1 Assignment Week One Exercises Week One Exercises. Complete the following exercises from Chapter 10 & 11 and submit them to the instructor by the end of Day 3. This assignment will be graded as a completion only. The instructor will post the answers to these exercises by the end of Day 5 for you to check your accuracy and comprehension of the subject matter. Exercises: 10-1, 10-3, 10-6, 11-1, 11-6, 11-15. ACC 202 Week 1 Assignment Week One Problems Week One Problems. Complete the following problems from Chapter 10 & 11 and submit to the instructor by Day 7. These problems will be graded for accuracy. Problems: 10-20, 11-21, 11-25 (Part 1), 11-28. Costs. Read Problem 10-21......

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...ACC 202 Entire Course Principles of Managerial Accounting http://homeworkyahoo.com/downloads/acc-202-entire-course-principles-of-managerial-accounting/ To Buy this tutorial Copy & paste below link in your Brower ACC 202 Entire Course Principles of Managerial Accounting ACC 202 Principles of Managerial Accounting Week 1 Assignment Week One Exercises Week One Exercises. Complete the following exercises from Chapter 10 & 11 and submit them to the instructor by the end of Day 3. This assignment will be graded as a completion only. The instructor will post the answers to these exercises by the end of Day 5 for you to check your accuracy and comprehension of the subject matter. Exercises: 10-1, 10-3, 10-6, 11-1, 11-6, 11-15. ACC 202 Principles of Managerial Accounting Week 1 Assignment Week One Problems Week One Problems. Complete the following problems from Chapter 10 & 11 and submit to the instructor by Day 7. These problems will be graded for accuracy. Problems: 10-20, 11-21, 11-25 (Part 1), 11-28. Costs. Read Problem 10-21 and discuss the differentiation between product versus general, selling, and administrative costs by setting up financial statements from the transactions in the problem. Respond to at least two of your classmates’ postings ACC 202 Principles of Managerial Accounting Week 2 Assignment Article Summary Article Summary. Access and read the ProQuest article: Van der Merwe, A., & Thomson, J (2007, February). The Lowdown on Lean......

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...ACC 560 Entire Course Managerial Accounting http://homeworklance.com/downloads/acc-560-entire-course-managerial-accounting/ ACC 560 Week 1 HW Ch01 – Exercises 5, 8, 12, and 16, Problems 1 and 4 ACC 560 Week 2 HW Ch02 – Exercises 4, 9, 11, and 12, Problems 1 and 5 ACC 560 Week 2 HW Ch03 – Exercises 2, 5, 6, and 13, Problems 1 and 6 ACC 560 Week 2 Quiz 1 ACC 560 Week 3 Assignment 1 – Activity-based Costing (ABC) in Service Industries ACC 560 Week 3 HW Ch04 – Exercise 2, 3, 9, and 12, Problems 2 and 4 ACC 560 Week 3 Quiz 2 ACC 560 Week 3 Quiz 3 ACC 560 Week 4 HW Ch05 – Exercises 8, 13, 14, and 17, Problems 1 and 5 ACC 560 Week 4 HW Ch06 – Exercises 5, 10, 13, and 14, Problems 1 and 5 ACC 560 Week 4 Quiz 4 ACC 560 Week 5 HW Ch07 – Exercises 2, 5, 9, and 17, Problems 1 and 4 ACC 560 Week 5 HW Ch08 – Exercises 4, 5, 10, and 16, Problems 1 and 6 ACC 560 Week 5 Quiz 5 ACC 560 Week 5 Quiz 6 ACC 560 Week 6 HW Ch09 – Exercises 2, 6, 17, and 19, Problems 2 and 4 ACC 560 Week 6 HW Ch10 – Exercise 3, 7, 13, and 19, Problems 1 and 4 ACC 560 Week 6 Quiz 7 ACC 560 Week 6 Quiz 8 ACC 560 Week 7 HW Ch11 – Exercises 2, 4, 14, and 16, Problems 1 and 4 ACC 560 Week 7 Quiz 9 ACC 560 Week 7 Quiz 10 ACC 560 Week 8 HW Ch12 – Exercises 3, 6, 7, and 11, Problems 1 and 3 ACC 560 Week 8 Quiz 11 ACC 560 Week 9 Assignment 2 – Johnson Controls Capital Investments ACC 560 Week 9 HW Ch13 – Exercise 1, 3, 5, and 8, Problems 2 and 5 ACC 560 Week 9 Quiz 12 ACC 560 Week 10 HW Ch14 –...

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...ACC 560 Entire Course Managerial Accounting http://homeworklance.com/downloads/acc-560-entire-course-managerial-accounting/ ACC 560 Week 1 HW Ch01 – Exercises 5, 8, 12, and 16, Problems 1 and 4 ACC 560 Week 2 HW Ch02 – Exercises 4, 9, 11, and 12, Problems 1 and 5 ACC 560 Week 2 HW Ch03 – Exercises 2, 5, 6, and 13, Problems 1 and 6 ACC 560 Week 2 Quiz 1 ACC 560 Week 3 Assignment 1 – Activity-based Costing (ABC) in Service Industries ACC 560 Week 3 HW Ch04 – Exercise 2, 3, 9, and 12, Problems 2 and 4 ACC 560 Week 3 Quiz 2 ACC 560 Week 3 Quiz 3 ACC 560 Week 4 HW Ch05 – Exercises 8, 13, 14, and 17, Problems 1 and 5 ACC 560 Week 4 HW Ch06 – Exercises 5, 10, 13, and 14, Problems 1 and 5 ACC 560 Week 4 Quiz 4 ACC 560 Week 5 HW Ch07 – Exercises 2, 5, 9, and 17, Problems 1 and 4 ACC 560 Week 5 HW Ch08 – Exercises 4, 5, 10, and 16, Problems 1 and 6 ACC 560 Week 5 Quiz 5 ACC 560 Week 5 Quiz 6 ACC 560 Week 6 HW Ch09 – Exercises 2, 6, 17, and 19, Problems 2 and 4 ACC 560 Week 6 HW Ch10 – Exercise 3, 7, 13, and 19, Problems 1 and 4 ACC 560 Week 6 Quiz 7 ACC 560 Week 6 Quiz 8 ACC 560 Week 7 HW Ch11 – Exercises 2, 4, 14, and 16, Problems 1 and 4 ACC 560 Week 7 Quiz 9 ACC 560 Week 7 Quiz 10 ACC 560 Week 8 HW Ch12 – Exercises 3, 6, 7, and 11, Problems 1 and 3 ACC 560 Week 8 Quiz 11 ACC 560 Week 9 Assignment 2 – Johnson Controls Capital Investments ACC 560 Week 9 HW Ch13 – Exercise 1, 3, 5, and 8, Problems 2 and 5 ACC 560 Week 9 Quiz 12 ACC 560 Week 10 HW Ch14 –...

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...ACC 560 Entire Course Managerial Accounting http://homeworklance.com/downloads/acc-560-entire-course-managerial-accounting/ ACC 560 Week 1 HW Ch01 – Exercises 5, 8, 12, and 16, Problems 1 and 4 ACC 560 Week 2 HW Ch02 – Exercises 4, 9, 11, and 12, Problems 1 and 5 ACC 560 Week 2 HW Ch03 – Exercises 2, 5, 6, and 13, Problems 1 and 6 ACC 560 Week 2 Quiz 1 ACC 560 Week 3 Assignment 1 – Activity-based Costing (ABC) in Service Industries ACC 560 Week 3 HW Ch04 – Exercise 2, 3, 9, and 12, Problems 2 and 4 ACC 560 Week 3 Quiz 2 ACC 560 Week 3 Quiz 3 ACC 560 Week 4 HW Ch05 – Exercises 8, 13, 14, and 17, Problems 1 and 5 ACC 560 Week 4 HW Ch06 – Exercises 5, 10, 13, and 14, Problems 1 and 5 ACC 560 Week 4 Quiz 4 ACC 560 Week 5 HW Ch07 – Exercises 2, 5, 9, and 17, Problems 1 and 4 ACC 560 Week 5 HW Ch08 – Exercises 4, 5, 10, and 16, Problems 1 and 6 ACC 560 Week 5 Quiz 5 ACC 560 Week 5 Quiz 6 ACC 560 Week 6 HW Ch09 – Exercises 2, 6, 17, and 19, Problems 2 and 4 ACC 560 Week 6 HW Ch10 – Exercise 3, 7, 13, and 19, Problems 1 and 4 ACC 560 Week 6 Quiz 7 ACC 560 Week 6 Quiz 8 ACC 560 Week 7 HW Ch11 – Exercises 2, 4, 14, and 16, Problems 1 and 4 ACC 560 Week 7 Quiz 9 ACC 560 Week 7 Quiz 10 ACC 560 Week 8 HW Ch12 – Exercises 3, 6, 7, and 11, Problems 1 and 3 ACC 560 Week 8 Quiz 11 ACC 560 Week 9 Assignment 2 – Johnson Controls Capital Investments ACC 560 Week 9 HW Ch13 – Exercise 1, 3, 5, and 8, Problems 2 and 5 ACC 560 Week 9 Quiz 12 ACC 560 Week 10 HW Ch14 –...

Words: 347 - Pages: 2

Words: 347 - Pages: 2

...ACC 560 Entire Course Managerial Accounting http://homeworklance.com/downloads/acc-560-entire-course-managerial-accounting/ ACC 560 Entire Course Managerial Accounting ACC 560 Week 1 HW Ch01 – Exercises 5, 8, 12, and 16, Problems 1 and 4 ACC 560 Week 2 HW Ch02 – Exercises 4, 9, 11, and 12, Problems 1 and 5 ACC 560 Week 2 HW Ch03 – Exercises 2, 5, 6, and 13, Problems 1 and 6 ACC 560 Week 2 Quiz 1 ACC 560 Week 3 Assignment 1 – Activity-based Costing (ABC) in Service Industries ACC 560 Week 3 HW Ch04 – Exercise 2, 3, 9, and 12, Problems 2 and 4 ACC 560 Week 3 Quiz 2 ACC 560 Week 3 Quiz 3 ACC 560 Week 4 HW Ch05 – Exercises 8, 13, 14, and 17, Problems 1 and 5 ACC 560 Week 4 HW Ch06 – Exercises 5, 10, 13, and 14, Problems 1 and 5 ACC 560 Week 4 Quiz 4 ACC 560 Week 5 HW Ch07 – Exercises 2, 5, 9, and 17, Problems 1 and 4 ACC 560 Week 5 HW Ch08 – Exercises 4, 5, 10, and 16, Problems 1 and 6 ACC 560 Week 5 Quiz 5 ACC 560 Week 5 Quiz 6 ACC 560 Week 6 HW Ch09 – Exercises 2, 6, 17, and 19, Problems 2 and 4 ACC 560 Week 6 HW Ch10 – Exercise 3, 7, 13, and 19, Problems 1 and 4 ACC 560 Week 6 Quiz 7 ACC 560 Week 6 Quiz 8 ACC 560 Week 7 HW Ch11 – Exercises 2, 4, 14, and 16, Problems 1 and 4 ACC 560 Week 7 Quiz 9 ACC 560 Week 7 Quiz 10 ACC 560 Week 8 HW Ch12 – Exercises 3, 6, 7, and 11, Problems 1 and 3 ACC 560 Week 8 Quiz 11 ACC 560 Week 9 Assignment 2 – Johnson Controls Capital Investments ACC 560 Week 9 HW Ch13 – Exercise 1, 3, 5, and 8, Problems 2 and......

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...ACC 202 Entire Course (Principles of Managerial Accounting) Click Link Below To Buy: http://hwcampus.com/shop/acc-202/acc-202-entire-course-principles-of-managerial-accounting/ Or Visit www.hwcampus.com ACC 202 Entire Course (Principles of Managerial Accounting) ACC 202 Week 1 Assignment Week One Exercises Week One Exercises. Complete the following exercises from Chapter 10 & 11 and submit them to the instructor by the end of Day 3. This assignment will be graded as a completion only. The instructor will post the answers to these exercises by the end of Day 5 for you to check your accuracy and comprehension of the subject matter. Exercises: 10-1, 10-3, 10-6, 11-1, 11-6, 11-15. ACC 202 Week 1 Assignment Week One Problems Week One Problems. Complete the following problems from Chapter 10 & 11 and submit to the instructor by Day 7. These problems will be graded for accuracy. Problems: 10-20, 11-21, 11-25 (Part 1), 11-28. Costs. Read Problem 10-21 and discuss the differentiation between product versus general, selling, and administrative costs by setting up financial statements from the transactions in the problem. Respond to at least two of your classmates’ postings ACC 202 Week 2 Assignment Week Two Exercises Week Two Exercises. Complete the following exercises from Chapters 12 & 13 and submit them to the instructor by the end of Day 3. This assignment will be graded as a completion only. The instructor will post the answers to these exercises by the end......

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...ACC 202 Entire Course Principles of Managerial Accounting Purchase here http://chosecourses.com/ACC%20202/acc-202-entire-course-principles-of-managerial-accounting Product Description ACC 202 Entire Course Principles of Managerial Accounting ACC 202 Entire Course Principles of Managerial Accounting Purchase here http://chosecourses.com/ACC%20202/acc-202-entire-course-principles-of-managerial-accounting Product Description ACC 202 Entire Course Principles of Managerial Accounting ACC 202 Entire Course Principles of Managerial Accounting Purchase here http://chosecourses.com/ACC%20202/acc-202-entire-course-principles-of-managerial-accounting Product Description ACC 202 Entire Course Principles of Managerial Accounting ACC 202 Entire Course Principles of Managerial Accounting Purchase here http://chosecourses.com/ACC%20202/acc-202-entire-course-principles-of-managerial-accounting Product Description ACC 202 Entire Course Principles of Managerial Accounting ACC 202 Entire Course Principles of Managerial Accounting Purchase here http://chosecourses.com/ACC%20202/acc-202-entire-course-principles-of-managerial-accounting Product Description ACC 202 Entire Course Principles of Managerial Accounting ACC 202 Entire Course Principles of Managerial Accounting Purchase here http://chosecourses.com/ACC%20202/acc-202-entire-course-principles-of-managerial-accounting Product......

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...ACC 202 Entire Course (Principles of Managerial Accounting) Click Link Below To Buy: http://hwcampus.com/shop/acc-202/acc-202-entire-course-principles-of-managerial-accounting/ Or Visit www.hwcampus.com ACC 202 Entire Course (Principles of Managerial Accounting) ACC 202 Week 1 Assignment Week One Exercises Week One Exercises. Complete the following exercises from Chapter 10 & 11 and submit them to the instructor by the end of Day 3. This assignment will be graded as a completion only. The instructor will post the answers to these exercises by the end of Day 5 for you to check your accuracy and comprehension of the subject matter. Exercises: 10-1, 10-3, 10-6, 11-1, 11-6, 11-15. ACC 202 Week 1 Assignment Week One Problems Week One Problems. Complete the following problems from Chapter 10 & 11 and submit to the instructor by Day 7. These problems will be graded for accuracy. Problems: 10-20, 11-21, 11-25 (Part 1), 11-28. Costs. Read Problem 10-21 and discuss the differentiation between product versus general, selling, and administrative costs by setting up financial statements from the transactions in the problem. Respond to at least two of your classmates’ postings ACC 202 Week 2 Assignment Week Two Exercises Week Two Exercises. Complete the following exercises from Chapters 12 & 13 and submit them to the instructor by the end of Day 3. This assignment will be graded as a completion only. The instructor will post the answers to these exercises by the end......

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...ACC 202 Entire Course (Principles of Managerial Accounting) Click Link Below To Buy: http://hwcampus.com/shop/acc-202/acc-202-entire-course-principles-of-managerial-accounting/ Or Visit www.hwcampus.com ACC 202 Entire Course (Principles of Managerial Accounting) ACC 202 Week 1 Assignment Week One Exercises Week One Exercises. Complete the following exercises from Chapter 10 & 11 and submit them to the instructor by the end of Day 3. This assignment will be graded as a completion only. The instructor will post the answers to these exercises by the end of Day 5 for you to check your accuracy and comprehension of the subject matter. Exercises: 10-1, 10-3, 10-6, 11-1, 11-6, 11-15. ACC 202 Week 1 Assignment Week One Problems Week One Problems. Complete the following problems from Chapter 10 & 11 and submit to the instructor by Day 7. These problems will be graded for accuracy. Problems: 10-20, 11-21, 11-25 (Part 1), 11-28. Costs. Read Problem 10-21 and discuss the differentiation between product versus general, selling, and administrative costs by setting up financial statements from the transactions in the problem. Respond to at least two of your classmates’ postings ACC 202 Week 2 Assignment Week Two Exercises Week Two Exercises. Complete the following exercises from Chapters 12 & 13 and submit them to the instructor by the end of Day 3. This assignment will be graded as a completion only. The instructor will post the answers to these exercises by the end......

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...ACC 202 Entire Course (Principles of Managerial Accounting) Purchase Here: http://www.homeworkfiles.com/product/acc-202-entire-course-principles-of-managerial-accounting/ Visit www.homeworkfiles.com For More Help ACC 202 Week 1 Assignment Week One Exercises Week One Exercises. Complete the following exercises from Chapter 10 & 11 and submit them to the instructor by the end of Day 3. This assignment will be graded as a completion only. The instructor will post the answers to these exercises by the end of Day 5 for you to check your accuracy and comprehension of the subject matter. Exercises: 10-1, 10-3, 10-6, 11-1, 11-6, 11-15. ACC 202 Week 1 Assignment Week One Problems Week One Problems. Complete the following problems from Chapter 10 & 11 and submit to the instructor by Day 7. These problems will be graded for accuracy. Problems: 10-20, 11-21, 11-25 (Part 1), 11-28. Costs. Read Problem 10-21 and discuss the differentiation between product versus general, selling, and administrative costs by setting up financial statements from the transactions in the problem. Respond to at least two of your classmates’ postings ACC 202 Week 2 Assignment Week Two Exercises Week Two Exercises. Complete the following exercises from Chapters 12 & 13 and submit them to the instructor by the end of Day 3. This assignment will be graded as a completion only. The instructor will post the answers to these exercises by the end of Day 5 for you to check your accuracy and comprehension......

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Words: 681 - Pages: 3