Business Homework Solutions

Accounting Help for College and University Students

All the accounting, business analysis and financial reporting help a university student could ever want is found here in BrainMass' accounting help section. Whether you are trying to calculate financing needs, learn how costs can be classified into two categories or staring at an obscure question about the Victoria Kite Company, we have the step-by-step explanations to the academic problems that have you stumped.

Below, you will find links to our solutions. Here you may browse through questions or use our search tool to find the material you need.; Once you've found it, you may add it to your cart and download all of the accounting help you need right to your desktop. Instant access!

Investment Portfolio Analysis

Calculate NPV, IRR, PI, return and standard deviation, Cloak's beta relative to the market, correlation (coefficient), the return, beta and the variance of the portfolio.

Estimate expected returns and find the beta and the return on the fund.

Estimate expected returns and find the beta and the return on the fund. 1. You use a factor model to estimate expected returns on Daemon stock. The risk-free rate is 3%. You have the following information: Factor Factor Beta Risk Premium GNP .80 .49% Inflation 1.20 -.83% Market .45 6.36% 2. Honest Dave’s Used Mu ...continues

Ajax new project: calculate cash flows, CAPM, required return, NPV and IRR

1. Ajax is considering a new project, Clear Clean (CC). CC requires an additional machine that costs $20 million dollars. It will be fully depreciated to a zero book value on a straight-line basis over 4 years. Each year for 4 years, CC will have revenues of $20 million, variable operating costs of $10 million and fixed ope ...continues

Compounding interest

Unless stated otherwise, interest is compounded annually and payments are at the end of the year. Explanations should be brief (1 or 2 sentences). 1. Jana, who just turned 55, would like to have an annual annuity of $25,000 paid each year for 15 years, the first payment occurring on her 66th birthday. How much must Jana sa ...continues

Management Accounting: Variable costs and joint product

19. If variable costs per unit decrease, sales volume at the break-even point will: a. increase b. decrease c. remain the same d. remain the same; however, contribution margin per unit will decrease 30. A joint product should be processed beyond split-off if additional revenue from further processing exceeds a. joint co ...continues

Fixed Assets and Journal Entries

Jackson Company was incorporated on Jan 2 of the current year but did not begin operations until Aug 1 this year. The Land and Building account as of the end of the current fiscal year appears below: 1/31 Land and old building on land $200,000 2/28 Cost of removal of old building $5,000 4/1 Legal fees $6,000 5 ...continues

Accounting questions on financial accounting, accounting authority, transaction, credit balance, adjusting entries, matching, trial balance, work sheet, ...

1. Financial accounting information: A. Is primarily historical in nature. B. Is intended primarily for internal management use. C. Need not conform to GAAP. D. Is not concerned with the solvency of a business. 2. The accounting authority widely accepted as the major source of new accounting prin ...continues

Cost variance analysis

See attachment for a case study of cost variances. The problem looks at direct cost and overhead variances, standards analysis, budgeted and actual gross margins.

Calculate a breakeven point given sales, contribution margin and net loss.

Sales last year were $640 000, a contribution margin of $160 000 and a net loss of $40 000. What is the break even point?

Define a list of Accounting Terms

Definitions of important accounting terms ACCOUNTS REPORTING ENTITY MATERIALITY TEST EQUITY RELIABILITY CONSERVATISM IRREVOCABLE CONTRACT LIABILITIES EXPENSE ACCRUAL BASIS OF ACCOUNTING ASSETS OBJECTIVITY OF FINANCIAL REPORTING DEPRECIATION EXPENSE GOODWILL UNREALISED GAIN REVENUES UNREALISED LO ...continues

Browse