Accounting Help for College and University Students

How many units were sold in the period?

How many units were sold in the period? Which correctly describes the amount of dividend? What will the club's Income and Expenditure account show? What is the maximum dividend per share payable from this year's profits? When a shareholder sells some shares for less than he paid for them, what will happen to the shar ...continues

Ratios, calculate and state Dillards & Nordstroms solvency, liquidity, and profitability.

Using the following ratios, calculate and/or state Dillards and Nordstroms solvency, liquidity, and profitability: Current ratio Return on sales Earnings per share (EPS) Debt ratio Price earnings ratio Could you put this info in MS Excel? Below is what I had come up with on my research. Please help. Thanks. Nor ...continues

Overhead costing 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 4, ...continues

costing for decision making - critically evaluate

I have to submit an essay and I do not know where to start - Critically evaluate the use of costing techniques for management decision making as well as the specific use of absorption and variable costing systems. I know about absorption and variable - but I cannot evaluate the use of costing tehniques for decision making

Accounting--Ethical manner

Oak Enterprise allows employees to purchase, at cost, manufacturing materials, such as metal and lumber, for personal use. To Purchase materials for personal use, an employee must complete a materials requisition form, which must then be approved by the employee's immediate supervisor. Cheryl Long, an assistant cost accountant ...continues

M&A valuation

Using the spreadsheet and the data therein, calculate the values for the 30 cells in the three boxes at the bottom of the sheet. First calculate the FCFs, starting with Operating Income After Tax (sometimes called NOPAT, the acronym for Net Operating Profit After Tax) and make the necessary calculations to arrive at the Fre ...continues

Finance/Accounting

Finance and accounting multiple choice questions

Finance and accounting multiple choice questions

16 Which of the following may be used to smooth distributable profits from one year to another? A asset revaluation reserve B capital redemption reserve C general reserve D provisions for depreciation 17 A company makes three products for which the following details are given. Prod ...continues

Cost Accounting: special order and job costing

Burke offers to pay Ryan $10.75 per unit for an order of 8,000 units. Ryan has the capacity to fill the order and accepting the order will not affect any other orders. Should Ryan accept this special order? Show your analysis. Job FWS consists of 40 units and will require 15 setups, 200 machine hours, and 60 inspections. U ...continues

financial accounting question - forecasting / budgeting

What is the difference between forecasting and budgeting? What would you suggest as criteria for determining when to investigate variances?