Accounting Help for College and University Students

Outline the behavioural aspects of budgeting

The behavioural Aspects of budgeting Critically evaluate the role of participation in budget setting, including any relevant theory. Explain what you understand by such dysfunctional behaviour in budgetary control mainly in the public sector. Should managers be involved in setting budgets.

Statement of cash flows

Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Show all work necessary. See attached file for full problem description.

NPV versus EVA Capital Budgeting; what are the implications?

Please see attached data. Cash flows are the same in each case. What implications are there in the timing and total magnitude of EVA?

Can this be called an surplus or deficit? how to book a grant, etc....

A board member has raised a question. We are showing surpus of $11,900...but that's due mostly to a grant for an event next yer. there is no legal agreement that we must even the event. If the grant is excluded, there would be a deficit in 2001....meaning the board has eaten into reserves and may make it more difficult to oe ...continues

should a deficit or surplus affect annual dues next year?

The assocaition is showing surplus of $11,900...but that's due mostly to a grant for an event next year. there is no legal agreement that we must even the event. If the grant is excluded, there would be a deficit in 2001....meaning the board has eaten into reserves and may make it more difficult to operate in 2002. Should we rai ...continues

Accounting problem

From the given data, calculate the following ratios for the Logan Corporation for 20X6. a) current ratio b) quick ratio c) debt ratio d) rate of return on net sales Prepare journal entries for the following transactions for Lamplighter Company Prepare summary journal entries for the use of direct materials, direct labo ...continues

financial accounting questions

Why are investors so interested in IPOs? Given all the cons of going public, why would a company choose to do this? Investor A purchases stock through an IPO. After 90 days, Investor A sells the stock to Investor B. In which markets did these transactions occur? Why would a company chose to buy stock in the secondary marke ...continues

weighted average contribution margin

Al Corporation sells three products J, K, and L. The following information was taken from a recent budget: J K L Unit sales 40,000 130,000 30,000 Selling price $60 $80 $75 Variable cost 40 65 50 Total fixed c ...continues

Direct labor variances: commercial painting business

Rich Ventura operates a commercial painting business in Sacramento, which has a very tight labor market. Much of his work focuses on newly constructed apartments and townhouses. The following data relate to crew no. 5 for a recently concluded period when 85 apartment units were painted. - Three new employees were assigned ...continues

overhead cost high low method

Managers in the Stamping department have been studying overhead cost and its relationship with machine hours. Data from the most recent 12 months follows. Month Overhead Machine Hours January $5,030 2,730 February 1,600 600 March 7,210 3,403 April ...continues