MacCloud Winery Case Study
1. Should the leased building be accounted for as an asset?
No, el arrendamiento del edificio debe ser considerado una renta
operativa. El edificio es el activo. El costo debe ser registrado sobre
El periodo del arr
October 31th 2010
Individual Exercise Block 2
Below you will find information of a manufacturing company: Balance Sheets for 2008 and 2009, Cash
Flow Statement (direct and indirect methods) and other Information. Please reconstruct the P&L for
2008. YOU S
CHECKLIST OF KEY FIGURES
for Problems in
Weygandt, Kimmel, & Kieso
FINANCIAL ACCOUNTING, IFRS Edition
(a) Cash, 6,780.
(b) Net income, 3,890.
(a) Cash, $15,900.
(b) Net income, $4,330; Total as
Identify and discuss the implications of changes in the political/legal component of the general
environment facing organizations over the past decade. Give one example of a relevant recent change.
What is the best way for companies to manage their legal
Define stakeholders. What are the two types of stakeholder groups? Give one example of each.
Stakeholder is referred as any individual, group or institution, internal or external to organization that
holds power to affect or gets affected by the operation
Describe the transition to management during the first year. Explain how this illustrates the chapters
emphasis on human skills as being more important than technical skills for success or failure in
Supervisors regularly start their occupatio
What are the (possible) ways through which earnings can affect the accounting equations?
Starting with the accounting equation: Assets = Total of Capital and Liabilities at current time.
This accounting equation includes three entities so we can say that
Deutsche Brauerei was founded in 1737 by the Schweitzer family in Germany.
Capable of producing 1.2 million hectolitres of beer per year.
Deutsche Brauerei produces 2 quality varieties of beer: Dark and Light.
In 1998, the company expands to Ukraine becau
Investment Course - 2005
Equity Analysis and Portfolio Strategies
Forming Equity Portfolios: An Overview
After an investors strategic asset allocation (i.e., the percentage allocations
to the broad asset classes) has been established, the nex
UNIT - IV
Allocation and Depreciation of Differences
Between Implied and Book Values Acquisition
Allocation of assets in subsidiary books
Depreciation of assets
Differences between liabilities and assets
Implied and Book Values; Assets and
Interest Rate Quotes
The Effective Annual Rate (EAR)
Indicates the total amount of interest that will be
earned at the end of one year
The EAR considers the effect of compounding
Also referred to as the effective annual y
In reviewing activity for July, the controller of Mathis, Inc., collected the following data concerning direct materials
Direct materials purchased
Standard cost of materials
Standard direct materials costs
per unit pr
Corporate Tax Levies
C:5-1: Congress intent for enacting the AMT.
The intentions of congress for enacting the AMT were to deal with the issues of tax avoidance.
During the period, the secretary of the treasury had noted close to 155 individuals that had a
QaPa QaPs QsPs
Helix Company Produces several products in its factory, include karate robe. The company uses a
standard cost system to assist in the control costs. According to the standards that have been set for
the robes, the factory should
(Payroll Tax Entries) Below is a payroll sheet for Jedi Import Company for the month of September 2007.
The company is allowed a 1% unemployment compensation rate by the state; the federal unemployment
tax rate is 0.8% and the maximum for both is $
1. Joan Woodward
2. Charles Perrow
3. James Thompson
In the early 1960s Woodward demonstrated that
organization structures adapt to their technology.
In categorizing companies into three groups s
PRINCIPLES OF ACCOUNTING - ACCT-101
Last Date for Submission 10th October 2016
A: Short questions (0.5 mark each)
1. Determine the net income of a company for which the following information
Employee salaries expense.
FATHER, INC. AND SAM CORPORATION
- Purchase price allocation and annual amortization
Book value of subsidiary
Cost in excess of book value
Excess cost assigned to specific accounts
based on fair market val
PART I: Multiple Choice. 10 points (each question worth point)
Which of the following statements about gross domestic product (GDP) is correct?
GDP measures the market value of final goods and services produced within a country.
GDP measures the
Clasifique el flujo de efectivo segn la actividad, de las transacciones
que a continuacin se indican.
Una escuela cobra a los estudiantes una matrcula anual ms honorarios
de enseanza mensuales. Los estudiantes deben vestir el uniforme
22 Octubre 2004
Prof. Luis Palencia
1. Se presentan a continuacin los balances a 31 de diciembre de 2002 y 2003, y el detalle de la
cuenta CAJA del ao 2003 de la empresa PIN, SA. Los dos balances son despus de la aplicaci
8 Octubre 2010
Prof. Luis Palencia
PRUEBA PARCIAL: TIEMPO PARA SU RESOLUCIN, 75 MINUTOS; FORMATO LIBRE
Se presentan a continuacin los balances de una empresa de fabricacin a diciembre de 2008 y a diciembre
Individual Exercise Block 1
November 7th 2011
Please, answer questions a) to g). You have three hours to do so. This exercise can be done,
under normal circumstances, in 90 minutes (half the time) so, no need to hurry/worry
Company ABC was founded in Octo
July 3th 2013
Tormox was a manufacturing company. Provided are the balance sheets at the end of 2011 and 2012 and
the Cash from Operations (direct method) and the Income Statement for 2011.
Please, compute the Cash Flow Stat
Producto en curso
AA equipo fabricacin
Ejercicio para entender consolidacin
La realidad del grupo de sociedades como unidad econmica es una
caracterstica del entorno empresarial actual. Aun a riesgo de simplificar,
un grupo existe cuando hay unidad de direccin y mando sobre dos o ms
In many countries leasing contracts have favorable tax treatment
Cash Flow Impact
no diff into CF but the break down varies
depending on lease type (operating lease lease paymt in Operating CF;
finance lease interest exp is CFO &
Coil Welding Corporation sells and services pipe welding equipment in California. The following selected accounts ap
February 1, 2010, the beginning of the current fiscal year:Preferred 2% Stock, $25 par (50,000 sha
issued) . . . . . . . . . . . . . . . .
The Heating Division of ITA International produces a heating element that it sells to
customers for $42 per unit. Its variable cost per unit is $19, and its fixed cost per unit is
$10. Top management of ITA International would like the Heating Division to
University of the West Indies
Department of Management Studies
MS 15D Financial Accounting
Plant, Intangible Assets, Natural Resources and Liabilities
1. Exercise 9.2 page 393
Identify the following expenditures as capital expenditure or reven
11. On a worksheet, the adjusted balance of the Supplies account is extended to the
_ column. a) Income Statement Debit b) Income Statement Credit c) Balance
Sheet Debit d) Balance Sheet Credit
12. On a worksheet, the adjusted balance of the Supplies Expe
Chapter 15 The Cost of Capital
Multiple Choice Questions
The Cost of Capital
Statement 1 is not true because a risk-averse investor will reluctantly carry
risk if there is some prospect of substantially high returns.
Statement 2 is true because