Accounting Help for College and University Students

Discuss the criteria which you should consider in deciding whether a particular expenditure should be classified as a "revenue expenditure" or a "capital expenditure". And how does a misclassification impact the income statement and the balance sheet currently and in the future? Needs to be very specific.

Discuss the criteria to consider in deciding whether a particular expenditure should be classified as a "revenue expenditure" or a "capital expenditure". How does a misclassification impact the income statement and the balance sheet currently and in the future? Please answer in detail and give an example.

Eminem Methods: Completed contract, percentage, installment, and cost recovery

Please provide answers in the spaced provided. The Eminem Co. has obtained a contract to build a music center at Seaport Village. The center will take three years to construct and will require of Eminem cash outflows of $1.0 million, $0.5 million, and $0.5 million in years 1, 2, and 3, respectively. Eminem will receive the ...continues

Fixed assets figure, net current assets, debentures, ordinary share, preference shares, share premium account, profit and loss account, gearing ratio, dividends cover, earnings per share, price earnings ratio, dividends yield

The summarised Balance Sheet of Omicron Ltd at 31 December 2002 was as follows: Fixed assets 1900 Net current assets 1500 3400 10% debentures 2003/2004 400 3000 Share capital and reserves Ordinary shares of $1 1000 8% preference shares of $1 800 Share Premium account 180 Profit and Loss Account 1020 3000 ...continues

Analyzing Stocks and Bonds, Leverage, Option Pricing

Problem 2. Bond and Stock Values This problem has three parts. 2a. A certain bond has a face (par) value of $10,000.00 and pays a coupon of $100 annually. The current rate of interest on similar bonds is 12%. The bond is a 10 year maturity. What is a fair price for the bond in the bond market? ...continues

Cash budgeting: production budget, purchasing budget, sales budget and cash budget

See attachment for a cash budgeting question.

Accounting/financial ratios

Examples and descriptions of 7 common financial ratios

a) For the year ended 31 March 2003 calculate, for each type of lock, (I) the contribution per unit; (ii) the contribution as a percentage of sales. (b) Calculate the break-even point for each type of lock in both units and dollars (c ) Advise whether Angelicus should cease production of domestic and commercial locks.

Angelicus and Co. manufactures three different qualities of lock, Domestic, Commercial and Industrial. The company’s results for the year ended 31 March 2003 were as follows. Domestic Commercial Industrial Total Sales (units) 120000 45000 56250 221 250 $0 $0 $0 $0 Sales (total value) 240 180 450 870 Total co ...continues

Describe a systematic approach to evaluate a business opportunity.

As a student, how can you think about properly evaluating a business opportunity? In particular, what is a rigorous approach to evaluating the risk in buying a business and to properly evaluating that business. The approach suggested in the solution can be adapted to other types of business analyses, which you may be asked to ...continues

Absorption costing: develop a cost of goods manufactured summary & income statement

This management accounting problem explores absorption costing in a manufacturing setting. From the data that follow from a fictitious manufacturing example, develop a Cost of Goods Manufactured Summary and a brief Absorption Costing Income Statement. Data Sales: 50,000 units @ $20/unit Actual Costs: Manufacturing ...continues

Small business cash control; understanding the difference between cash and profit

This mini-essay discusses one of the top five reasons why small businesses fail: running out of money. How can this business be out of cash? We've been turning a profit for months and sales are growing. Do not confuse cash and profits. The business owner cannot spend profits--only cash. Moreover cash must be available, whe ...continues