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ACC 499 MIDTERM EXAM STR NEW 2015 Flashcards
by: mindsblow
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ACC 499 MIDTERM EXAM STR NEW 2015 To purchase this tutorial visit here: http://mindsblow.us/question_des/ACC499MIDTERMEXAMSTRNEW2015/348 contact us at: help@mindblows.us ACC 499 MIDTERM EXAM STR NEW 2015 Part-1 •Question 1 4 out of 4 points A capital lease should be recorded in the lessee’s accounts at the inception of the lease in an amount equal to •Question 2 4 out of 4 points Lessee leased some land and buildings from Lessor. There was no transfer of ownership and no bargain purchase option. If the fair value of the land is less than a certain percentage of the total fair value of the leased property at the inception of the lease, both the lessee and the lessor may consider the land and buildings as a single unit. What is that percentage?
Study ACC 499 MIDTERM EXAM STR NEW 2015 Flashcards
Study ACC 499 MIDTERM EXAM STR NEW 2015 Flashcards ACC 499 MIDTERM EXAM STR NEW 2015 Flashcards
ACC 499 MIDTERM EXAM STR NEW 2015 Flashcards
by: mindsblow
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cards: 1
ACC 499 MIDTERM EXAM STR NEW 2015 To purchase this tutorial visit here: http://mindsblow.us/question_des/ACC499MIDTERMEXAMSTRNEW2015/348 contact us at: help@mindblows.us ACC 499 MIDTERM EXAM STR NEW 2015 Part-1 •Question 1 4 out of 4 points A capital lease should be recorded in the lessee’s accounts at the inception of the lease in an amount equal to •Question 2 4 out of 4 points Lessee leased some land and buildings from Lessor. There was no transfer of ownership and no bargain purchase option. If the fair value of the land is less than a certain percentage of the total fair value of the leased property at the inception of the lease, both the lessee and the lessor may consider the land and buildings as a single unit. What is that percentage?
Study ACC 499 MIDTERM EXAM STR NEW 2015 Flashcards
Study ACC 499 MIDTERM EXAM STR NEW 2015 Flashcards ACC 499 MIDTERM EXAM STR NEW 2015 Flashcards
ACC 499 WEEK 10 ASSIGNMENT 3 CAPSTONE PROJECT Flashcards
by: mindsblow
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ACC 499 WEEK 10 ASSIGNMENT 3 CAPSTONE PROJECT To purchase this tutorial visit here: http://mindsblow.us/question_des/ACC499WEEK10ASSIGNMENT3CAPSTONEPROJECT/351 contact us at: help@mindblows.us ACC 499 WEEK 10 ASSIGNMENT 3 CAPSTONE PROJECT Due Week 10 and worth 440 points Assume you are the partner in an accounting firm hired to perform the audit on a fortune 1000 company. Assume also that the initial public offering (IPO) of the company was approximately five (5) years ago and the company is concerned that, in less than five (5) years after the IPO, a restatement may be necessary. During your initial evaluation of the client, you discover the following information:
Study ACC 499 WEEK 10 ASSIGNMENT 3 CAPSTONE PROJECT Flashcards
Study ACC 499 WEEK 10 ASSIGNMENT 3 CAPSTONE PROJECT Flashcards ACC 499 WEEK 10 ASSIGNMENT 3 CAPSTONE PROJECT Flashcards
ACC 499 WEEK 3 ASSIGNMENT 1 Flashcards
by: mindsblow
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ACC 499 WEEK 3 ASSIGNMENT 1 To purchase this tutorial visit here: http://mindsblow.us/question_des/ACC499WEEK3ASSIGNMENT1/352 contact us at: help@mindblows.us ACC 499 WEEK 3 ASSIGNMENT 1 ACC 499 WEEK 3 Assignment 1 – Amazon.com Business Combinations and Financial Results Analysis Assignment 1: Amazon.com Business Combinations and Financial Results Analysis Due Week 3 and worth 240 points Search the Internet for acquisitions and equity investments made by Amazon.com during the last five (5) years. Review the 10-K of Amazon.com located at http://www.sec.gov/cgi-bin/browse-edgar?company=&match=&CIK=AMZN&filenum=&State=&Country=&SIC=&owner=exclude&Find=Find+Companies&action=getcompany. Write a three to four (3-4) page paper in which you: 1. Examine how at least three (3) growth strategy alternatives utilized by Amazon.com in the global and domestic retail markets influenced profitability, and indicate if the strategies were successful. 2. Assess the financial value of the acquisitions and investments made by Amazon.com, and the influence of the acquisitions and investments on profitability during the accounting period. 3. Analyze the effect of the equity investments and impairments resulting from the acquisitions and investments by Amazon.com on the financial statements, and indicate whether or not the strategy was a creatable one. Provide support for your rationale. 4. Create an argument that growth in the European market can have a significant impact on current earnings and profit for Amazon.com. Provide support for your rationale. 5. Use at least two (2) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources.
Study ACC 499 WEEK 3 ASSIGNMENT 1 Flashcards
Study ACC 499 WEEK 3 ASSIGNMENT 1 Flashcards ACC 499 WEEK 3 ASSIGNMENT 1 Flashcards
ACC 543 ENTIRE COURSE Flashcards
by: mindsblow
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ACC 543 ENTIRE COURSE To purchase this tutorial visit here: http://mindsblow.us/question_des/ACC543ENTIRECOURSE/360 contact us at: help@mindblows.us ACC 543 ENTIRE COURSE ACC 543 Flexible Budgets Team Paper ACC 543 Capital Budget Recommendation ACC 543 Aspects of Employment and Environment Paper and PowerPoint ACC 543 Exercise 24-1 Net Present Value/Present Value Index ACC 543 Exercise 24-8A: Determining the Internal Rate of Return ACC 543 Exercise 24-6A: Determining Net Present Value ACC 543 Exercise 24-5B: Purchase of Popcorn Machine ACC 543 Exercise 24-5A Determining net present value ACC 543 Exercise 24-4A Determining the present value of an annuity ACC 543 Exercise 24-3A: Present Value Analysis ACC 543 Exercise 22-6A Using a flexible budget to accommodate market uncertainty ACC 543 Exercise 19-24A: Assessing Simultaneous Changes in CVP Relationships ACC 543 Exercise 18-17B: Process Cost System Cost of Production Report ACC 543 Exercise 22-6A Using a flexible budget to accommodate market uncertainty ACC 543 Exercise 18-17A ACC 543 Exercise 16-9A ACC 543 Exercise 15-17A Identifying Cost Behavior ACC 543 Exercise 15-12B ACC 543 Exercise 15-6B
Study ACC 543 ENTIRE COURSE Flashcards
Study ACC 543 ENTIRE COURSE Flashcards ACC 543 ENTIRE COURSE Flashcards
ACC 545 CLASS WORK AND FINAL EXAM  Flashcards
by: mindsblow
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ACC 545 CLASS WORK AND FINAL EXAM To purchase this tutorial visit here: http://mindsblow.us/question_des/ACC545CLASSWORKANDFINALEXAM/364 contact us at: help@mindblows.us ACC 545 CLASS WORK AND FINAL EXAM ACC 545 Week 1, Individual Assignment, CPA Report 1 ACC 545 Week 1, Individual Assignment, CPA Report ACC 545 Week 2, Learning Team, Los Lobos Ledger Preparation ACC 545 Week 3, Individual Assignment, Jamona Corporation Data ACC 545 Week 3, Indvidual Assignment, Jamona Corporation Scenario ACC 545 Week 4 Individual Assignment ACC 545 Week 4, Individual Assignment, Restructuring Debt Data ACC 545 Week 4, Individual Assignment, Restructuring Debt ACC 545 Week 5, Individual Assignment, Lee Corporation Equity Scenario Data ACC 545 Week 5, Individual Assignment, Lee Corporation Equity Scenario ACC 545 Week 6, Final Exam ACC 545 Week 6, Learning Team Assignment, Consolidated Financial Statements ACC 545 Week 1, Individual Assignment, CPA Report 1 ACC 545 Week 1 Individual Assignment CPA Report As the CPA for a large organization, you were asked by your manager to provide information to outside CPAs who are examining a subsidiary that has been set up as a corporation. As part of their review, the CPAs have asked you to provide them with the following explanations: The methodology used to determine deferred taxes The procedures for reporting accounting changes and error corrections The rationale behind establishing the subsidiary as a corporation Prepare your response to the three questions. Before submitting your response, your manager would like to know a little bit more about the request. She has asked you to tell her what your professional responsibilities are as a CPA, and the difference between a review and an audit. You should provide draft responses to the above questions as well as providing your manager with a summary of your responsibilities in one document (no more than 1,050 words). ACC 545 Week 2, Learning Team, Los Lobos Ledger Preparation ACC 545 Week 2 Learning Team Assignment Los Lobos Ledger Preparation ACC 545 Week 3, Individual Assignment, Jamona Corporation Data Review the following information: On January 1, 2006, Jamona Corp. purchased 12% bonds, having a maturity value of $300,000, for $322,744.44. The bonds provide the bondholders with a 10% yield. They are dated January 1, 2006, and mature January 1, 2011, with interest receivable December 31 of each year. The company uses the effective-interest method to allocate unamortized discount or premium. The bonds are classified as available-for-sale. The fair value of the bonds at December 31 of each year is as follows: 2006 – $320,500 2007 – $309,000 2008 – $308,000 2009 – $310,000 2010 – $300,000 The following information is available from Jamona’s inventory records Units Unit Cost January 1, 2007 (beginning inventory) 600 $ 8.00 Purchases: January 5, 2007 1,200 9.00 January 25, 2007 1,300 10.00 February 16, 2007 800 11.00 March 26, 2007 600 12.00 A physical inventory on March 31, 2007, shows 1,600 units on hand. Select any one of the inventory methods (LIFO, FIFO, Average Cost, or others). On July 6, Jamona Corp. acquired the plant assets of Berry Company, which had discontinued operations. The appraised value of the property is: Land $ 400,000 Building 1,200,000 Machinery and equipment 800,000 Total $2,400,000 Jamona Corp. gave 12,500 shares of its $100 par value common stock in exchange. The stock had a market value of $168 per share on the date of the purchase of the property. Jamona Corp. expended the following amounts in cash between July 6 and December 15, the date when it first occupied the building. Repairs to building $105,000 Construction of bases for machinery to be installed later 135,000 Driveways and parking lots 122,000 Remodeling of office space in building 161,000 Special assessment by city on land 18,000 On December 20, the company paid cash for machinery, $260,000, subject to a 2% cash discount, and freight on machinery of $10,500. On January 1, 2007, Jamona Corp. signed a five-year non-cancelable lease for a machine. The terms of the lease called for Jamona to make annual payments of $8,668 at the beginning of each year, starting January 1, 2007. The machine has an estimated useful life of six years and a $5,000 un-guaranteed residual value. The machine reverts to the lessor at the end of the lease term. Jamona uses the straight-line method of depreciation for all of its plant assets. Jamona’s incremental borrowing rate is 10%, and the lessor’s implicit rate is unknown. Prepare journal entries with appropriate supporting detailed schedules for the balance sheet items: investments, inventory, fixed assets, and capital leases. Prepare appropriate note disclosures. ACC 545 Week 3, Indvidual Assignment, Jamona Corporation Scenario ACC 545 Week 3, Indvidual Assignment, Jamona Corporation Scenario ACC 545 Week 4 Individual Assignment ACC 545 Week 4 Individual Assignment ACC 545 Week 4, Individual Assignment, Restructuring Debt Data Your company is in financial trouble and is in the process of reorganization. Your manager wants to know how you will report on restructuring the debt. Use the following information to help with this assignment. ACC 545 Week 4, Individual Assignment, Restructuring Debt ACC 545 Week 4, Individual Assignment, Restructuring Debt ACC 545 Week 5, Individual Assignment, Lee Corporation Equity Scenario Data ACC 545 Week 5, Individual Assignment, Lee Corporation Equity Scenario Data ACC 545 Week 5, Individual Assignment, Lee Corporation Equity Scenario Review the following information: Lee Corporation, a U.S. company, began operations on January 1, 2004. During its first 3 years of operations, Lee reported net income and declared dividends as follows. Net income Dividends declared 2004 $ 40,000 $ –0– 2005 125,000 50,000 2006 160,000 50,000 The following information relates to 2007: Income before income tax $240,000 Prior period adjustment: understatement of 2005 depreciation expense (before taxes) $ 25,000 Cumulative decrease in income from change in inventory methods (before taxes) $ 35,000 Dividends declared (of this amount, $25,000 will be paid on January 15, 2008) $100,000 Effective tax rate 40% ACC 545 Week 6, Learning Team Assignment, Consolidated Financial Statements Complete exercise 3-14, parts A, B, and C, on p. 127 of Advanced Accounting (Crain Mechanics/Downey Enterprises).
Study ACC 545 CLASS WORK AND FINAL EXAM  Flashcards
Study ACC 545 CLASS WORK AND FINAL EXAM  Flashcards ACC 545 CLASS WORK AND FINAL EXAM  Flashcards
ACC 556 ASSIGNMENT 1 FINANCIAL ANALYSIS LATEST STR Flashcards
by: mindsblow
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ACC 556 ASSIGNMENT 1 FINANCIAL ANALYSIS LATEST STR To purchase this tutorial visit here: http://mindsblow.us/question_des/ACC556ASSIGNMENT1FINANCIALANALYSISLATESTSTR/373 contact us at: help@mindblows.us ACC 556 ASSIGNMENT 1 FINANCIAL ANALYSIS LATEST STR ACC556 Assignment 1 Financial Analysis of Wal-Mart
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Study ACC 556 ASSIGNMENT 1 FINANCIAL ANALYSIS LATEST STR Flashcards ACC 556 ASSIGNMENT 1 FINANCIAL ANALYSIS LATEST STR Flashcards
ACC 556 FINAL EXAM LATEST STR Flashcards
by: mindsblow
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ACC 556 FINAL EXAM LATEST STR To purchase this tutorial visit here: http://mindsblow.us/question_des/ACC556FINALEXAMLATESTSTR/375 contact us at: help@mindblows.us ACC 556 FINAL EXAM LATEST STR ACC 556 Final Exam Part-1 ACC 556 Final Exam Part-2
Study ACC 556 FINAL EXAM LATEST STR Flashcards
Study ACC 556 FINAL EXAM LATEST STR Flashcards ACC 556 FINAL EXAM LATEST STR Flashcards
ACC 556 HOMEWORK CHAPTER 12, 21, 22 Flashcards
by: mindsblow
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ACC 556 HOMEWORK CHAPTER 12, 21, 22 To purchase this tutorial visit here: http://mindsblow.us/question_des/ACC556HOMEWORKCHAPTER122122/1721 contact us at: help@mindblows.us ACC 556 HOMEWORK CHAPTER 12, 21, 22 All Possible Questions Answers
Study ACC 556 HOMEWORK CHAPTER 12, 21, 22 Flashcards
Study ACC 556 HOMEWORK CHAPTER 12, 21, 22 Flashcards ACC 556 HOMEWORK CHAPTER 12, 21, 22 Flashcards
HHS 435 CART Teaching Effectively/hhs435cart.com Flashcards
by: adam349
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Study HHS 435 CART Teaching Effectively/hhs435cart.com Flashcards
Study HHS 435 CART Teaching Effectively/hhs435cart.com Flashcards HHS 435 CART Teaching Effectively/hhs435cart.com Flashcards