Accounting

In the database design approach known as normalization, the first assumption mad

In the database design approach known as normalization, the first assumption mad

In the database design approach known as normalization, the first assumption made about data is
A) there is no redundancy in the data.
B) the delete anomaly will not apply since all customer records will be maintained indefinitely.

barry   6066   1 Reply

newstart

If a cash register is short by $93, and the cash register tape equalled $9,270, then:

If a cash register is short by $93, and the cash register tape equalled $9,270, then:

If a cash register is short by $93, and the cash register tape equalled $9,270, then:
A) Cash Short and Over is debited for $93.
B) Cash Short and Over is credited for $93.
C) Sales Revenue is credited for $9,177.
D) Cash is debit

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gOOvER   4477   62 Replies

Praharsh Brahmbhatt

Determine the future value if $5000 is invested in each of the following situations.

Determine the future value if $5000 is invested in each of the following situations.

 1/Determine the future value if $5000 is invested in each of the following situations.

a. 5% for 10 years
b.7% for 7 years
c. 9% for 4 years

2/ What is the Present Value of $359000 that is to be received at the end of

emmanuel yeboah   3796   4 Replies

emmanuel yeboah

Tang Mining is considering the acquisition of Zang Mining at a cash price of Php6,000,000. The prima

Tang Mining is considering the acquisition of Zang Mining at a cash price of Php6,000,000. The prima

Tang Mining is considering the acquisition of Zang Mining at a cash price of Php6,000,000. The primary motivation for Tang's purchase of Zang is for a special piece of drilling equipment that it believes will generate after-tax cash flows of Php

Alma Borda   3655   1 Reply

Kira214

The partnership of Brandon and Ryan is being liquidated. All gains and losses are shared in a 3:1 ra

The partnership of Brandon and Ryan is being liquidated. All gains and losses are shared in a 3:1 ra

The partnership of Brandon and Ryan is being liquidated. All gains and losses are shared in a 3:1 ratio, respectively. Before liquidation, their balance sheet balances are as follows:Cash $10,000Other Assets 8,000Liabilities 4,000Brandon, Capital 7,0

lakina33   3653   N/A

lakina33

When wholesalers take title to merchandise and bear the costs of theft, damage,

When wholesalers take title to merchandise and bear the costs of theft, damage,

When wholesalers take title to merchandise and bear the costs of theft, damage, spoilage, and obsolescence, they are providing ________ to retailers.
      
management service
      
risk bearing service
      
warehousing
      

Soupergal_1   3603   1 Reply

bio_man

How is the expenditure cycle a "mirror image" of the revenue cycle?

How is the expenditure cycle a "mirror image" of the revenue cycle?

How is the expenditure cycle a "mirror image" of the revenue cycle?

GaitrieJagdeo   3589   1 Reply

habiba

Evaluating effectiveness, efficiency, and goal achievement are objectives of ___

Evaluating effectiveness, efficiency, and goal achievement are objectives of ___

Evaluating effectiveness, efficiency, and goal achievement are objectives of ________ audits.
A) financial
B) operational
C) information systems
D) all of the above

barry   3460   1 Reply

newstart

The following information is given for Tripp Company, which uses the indirect (Graded Project 6)

The following information is given for Tripp Company, which uses the indirect (Graded Project 6)

Part A
(2 points each for a possible total of 6 points)
The following information is given for Tripp Company, which uses the indirect
method.
Net income $20,000
Depreciation expense 3,000
Increase in accounts receivable

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Clynn   3258   29 Replies

Desti Moua

Current Assets - Current Liabilities = ________ Capital

Current Assets - Current Liabilities = ________ Capital

Current Assets - Current Liabilities = working Capital, true or false the answer is true

snaylor3   3253   2 Replies

bio_man

The partnership of Brandon and Ryan is being liquidated. All gains and losses are shared in a 3:1 ...

The partnership of Brandon and Ryan is being liquidated. All gains and losses are shared in a 3:1 ...

2. The partnership of Brandon and Ryan is being liquidated. All gains and
losses are shared in a 3:1 ratio, respectively. Before liquidation, their
balance sheet balances are as follows:
 Cash $10,000
 Other Assets 8,000
 Lia

sleblanc01   3053   1 Reply

psyche360

If a cash register is short by $19, and the cash register tape totalled $1,550, then:

If a cash register is short by $19, and the cash register tape totalled $1,550, then:

If a cash register is short by $19, and the cash register tape totalled $1,550, then:
A) Sales Revenue is credited for $1,569.
B) Sales Revenue is credited for $1,531.
C) Cash Short and Over is credited for $19.
D) Cash Short and

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harra   2956   48 Replies

Imani S-G

Behemoth Motors Corp. (BMC) is a major manufacturer of automobiles in the United States. BMC has dec

Behemoth Motors Corp. (BMC) is a major manufacturer of automobiles in the United States. BMC has dec

Relevant Cost Case Behemoth Motors Corp.

Behemoth Motors Corp. (BMC) is a major manufacturer of automobiles in the United States. BMC has decided to include a Global Positioning System navigator (GPSN) in all of its Sports Utility Vehicles

ddizzle   2921   3 Replies

bio_man

Following GAAP, the income statement issued to investors and creditors must ________.

Following GAAP, the income statement issued to investors and creditors must ________.

Following GAAP, the income statement issued to investors and creditors must ________.
A) be prepared using variable costing
B) be prepared in the contribution margin format
C) show the value of contribution margin
D) be prepared i

Deprecated   2887   2 Replies

Deprecated

Stones Manufacturing, sells a marble slab for $1,000. Fixed costs are $30,000, while the variable co

Stones Manufacturing, sells a marble slab for $1,000. Fixed costs are $30,000, while the variable co

Stones Manufacturing, sells a marble slab for $1,000. Fixed costs are $30,000, while the variable costs are $400 per slab. The company currently plans to sell 200 slabs this month. What is the margin of safety assuming 75 slabs are budgeted?
A)

jerico   2714   4 Replies

A Waleed Samy

Tropic Beach Balls, Inc. is considering several short-term investment options. W

Tropic Beach Balls, Inc. is considering several short-term investment options. W

Tropic Beach Balls, Inc. is considering several short-term investment options. Which type of investment would be best?

A  :
 high-risk, highly liquid

B  :
 low-risk, low liquidity

C  :

prentice.victor   2551   1 Reply

jagand

Stooge Enterprises manufactures ceiling fans that normally sell for $90 each. There are 300 defectiv

Stooge Enterprises manufactures ceiling fans that normally sell for $90 each. There are 300 defectiv

Stooge Enterprises manufactures ceiling fans that normally sell for $90 each. There are 300 defective fans in inventory, which cost $55 each to manufacture. These defective units can be sold as is for $20 each, or they can be processed further for a

bernie2981   2530   2 Replies

bernie2981

When a stockholder contributes cash to a corporation in exchange for stock, ________.

When a stockholder contributes cash to a corporation in exchange for stock, ________.

When a stockholder contributes cash to a corporation in exchange for stock, ________.
A) one asset is increased and another asset is decreased
B) assets and liabilities are increased
C) liabilities and stockholders' equity are inc

H3Ko   2459   3 Replies

H3Ko

Gregory Enterprises has identified three cost pools to allocate overhead costs. The following estima

Gregory Enterprises has identified three cost pools to allocate overhead costs. The following estima

Gregory Enterprises has identified three cost pools to allocate overhead costs. The following estimates are provided for the coming year:

Cost Pool   Overhead Costs   Cost driver   Activity level
Supervision of direct labor   $320,000   Direct

jerico   2456   11 Replies

prakruthi srinivasan

Open Space Furniture began June with merchandise inventory of 45 sofas that cost a total of $31,500. ...

Open Space Furniture began June with merchandise inventory of 45 sofas that cost a total of $31,500. ...

Open Space Furniture began June with merchandise inventory of 45 sofas that cost a total of $31,500.  During the month, Open Space purchased and sold merchandise on account as follows:

June 7   Purchase   25 sofas @ $750 each
 

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H3Ko   2426   19 Replies

Thảo Dương

Beyond the Boardroom Corporation sold used equipment with a book value of $25,000 for $29,000. The ...

Beyond the Boardroom Corporation sold used equipment with a book value of $25,000 for $29,000. The ...

Beyond the Boardroom Corporation sold used equipment with a book value of $25,000 for $29,000. The indirect method statement of cash flows will reflect:
A) an addition of $29,000 in the investing activities section and an addition of $4,000 in t

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Tomm   2359   45 Replies

Gurpal Saggu

Tiger Pride produces two product lines: T-shirts and Sweatshirts. Product profitability is analyzed

Tiger Pride produces two product lines: T-shirts and Sweatshirts. Product profitability is analyzed

Tiger Pride produces two product lines: T-shirts and Sweatshirts. Product profitability is analyzed as follows:

   T-SHIRTS   SWEATSHIRTS
Production and sales volume   60,000 units   35,000 units
Selling price   $16.00   $29.00
Direct m

jerico   2295   3 Replies

cyborg

Which of the following is true of the balance sheet presentation of the Allowance for Bad Debts?

Which of the following is true of the balance sheet presentation of the Allowance for Bad Debts?

Which of the following is true of the balance sheet presentation of the Allowance for Bad Debts?
A) It is reported as an operating expense.
B) It is reported as a separate, independent line item under current assets.
C) It is reported

H3Ko   2285   2 Replies

H3Ko

Zolas' Heaters is approached by Ms. Leila, a new customer, to fulfill a large one-time-only special

Zolas' Heaters is approached by Ms. Leila, a new customer, to fulfill a large one-time-only special

Zolas' Heaters is approached by Ms. Leila, a new customer, to fulfill a large one-time-only special order for a product similar to one offered to regular customers. Zolas' Heaters has excess capacity. The following per unit data apply for s

jerico   2263   4 Replies

Kat999

Pluto Corp. sold goods, with a selling price of $17,221, for cash. The state sales tax rate is 8%. ...

Pluto Corp. sold goods, with a selling price of $17,221, for cash. The state sales tax rate is 8%. ...

Pluto Corp. sold goods, with a selling price of $17,221, for cash. The state sales tax rate is 8%. What amount is credited to the Sales Revenue account?
A) $18,599
B) $15,843
C) $1,378
D) $17,221

H3Ko   2209   3 Replies

Ffyy

Gizmo Manufacturer, a widgets manufacturing company, divides its production operations into three ...

Gizmo Manufacturer, a widgets manufacturing company, divides its production operations into three ...

Gizmo Manufacturer, a widgets manufacturing company, divides its production operations into three processesDepartment 1, Department 2, and Department 3. The company uses a process costing system. Gizmo incurred the following costs during the year to

H3Ko   2145   5 Replies

Käpøñê Møřêťťi

Brilliant Accents Company manufactures and sells three styles of kitchen faucets: Brass, Chrome, and

Brilliant Accents Company manufactures and sells three styles of kitchen faucets: Brass, Chrome, and

Brilliant Accents Company manufactures and sells three styles of kitchen faucets: Brass, Chrome, and White. Production takes 25, 25, and 10 machine hours to manufacture 1,000-unit batches of brass, chrome, and white faucets, respectively. The followi

jerico   2095   7 Replies

Назарбай Абду

The following is selected financial data from Turtle Bay Manufacturing for the most recent year.Endi

The following is selected financial data from Turtle Bay Manufacturing for the most recent year.Endi

The following is selected financial data from Turtle Bay Manufacturing for the most recent year.

Ending raw materials inventory    $21,000
Ending work in process inventory    $44,200
Ending finished goods inventory    $53,200
Amou

bernie2981   2086   7 Replies

bangwoollified

On April 1, 2017, Planet Services received $8,000 in advance of performing the services from a ...

On April 1, 2017, Planet Services received $8,000 in advance of performing the services from a ...

On April 1, 2017, Planet Services received $8,000 in advance of performing the services from a customer for three months of service  April, May and June. What would be the journal entry to adjust the accounts at the end of May? (Do not round any int

H3Ko   2060   3 Replies

estebancambiass

The financial statements are prepared from the ________.

The financial statements are prepared from the ________.

The financial statements are prepared from the ________.
A) chart of accounts
B) statement of retained earnings
C) unadjusted trial balance
D) adjusted trial balance

H3Ko   2059   3 Replies

butterfly127

As managers use less and different types of direct materials, which of the following standards do ma

As managers use less and different types of direct materials, which of the following standards do ma

As managers use less and different types of direct materials, which of the following standards do managers focus on to enhance sustainability in the workplace?
A) Quantity/Efficiency standard
B) Price standard
C) Flexible standard

bernie2981   2051   2 Replies

bernie2981

Chagall Curtain Company is changing from a file-oriented system to a relational

Chagall Curtain Company is changing from a file-oriented system to a relational

Chagall Curtain Company is changing from a file-oriented system to a relational database system. Design at least three tables that would be needed to capture data for a sales transaction. Each table should include a primary key, three non-key attribu

barry   2034   1 Reply

newstart

________ represents what future owners will pay present owners for their business.0

________ represents what future owners will pay present owners for their business.0

________ represents what future owners will pay present owners for their business.
A) Book value
B) Market value
C) Replacement value
D) Future value

bravata   2028   9 Replies

Hanzhe Hou

Modern Décor Furniture began June with merchandise inventory of 45 sofas that cost a total of ...

Modern Décor Furniture began June with merchandise inventory of 45 sofas that cost a total of ...

Modern Décor Furniture began June with merchandise inventory of 45 sofas that cost a total of $31,500.  During the month, Modern Décor purchased and sold merchandise on account as follows:

June 7   Purchase   25 sofas @ $750 each
&nb

H3Ko   1981   11 Replies

Oallaboon

Rachel's Pet Supply Corporation manufactures two models of grooming stations, a standard and a delux

Rachel's Pet Supply Corporation manufactures two models of grooming stations, a standard and a delux

Rachel's Pet Supply Corporation manufactures two models of grooming stations, a standard and a deluxe model. The following activity and cost information has been compiled:

   Number of   Number of   Number of
Product   Setups   Components

jerico   1974   6 Replies

By Far the best

Nurix, Inc. is a business consulting firm. During the month of February, Nurix earned $55,600 of ...

Nurix, Inc. is a business consulting firm. During the month of February, Nurix earned $55,600 of ...

Nurix, Inc. is a business consulting firm. During the month of February, Nurix earned $55,600 of revenues by providing services to 47 clients. Operating expenses for February were $8,500 and non-operating expenses were $6,000.
What is the unit c

H3Ko   1972   4 Replies

SheriCislo

On January 1, Jackson, Inc.'s Work-in-Process Inventory account showed a balance of $65,800. During ...

On January 1, Jackson, Inc.'s Work-in-Process Inventory account showed a balance of $65,800. During ...

On January 1, Jackson, Inc.'s Work-in-Process Inventory account showed a balance of $65,800. During the year, materials requisitioned for use in production amounted to $70,900, of which $67,400 represented direct materials. Factory wages for the

H3Ko   1959   13 Replies

Khushboo shah

Landmark Prints is considering an investment in new equipment costing $502,000. The equipment will ...

Landmark Prints is considering an investment in new equipment costing $502,000. The equipment will ...

Landmark Prints is considering an investment in new equipment costing $502,000. The equipment will be depreciated on a straight-line basis over a five-year life and is expected to generate net cash inflows of $122,000 the first year, $158,000 the sec

Deprecated   1942   12 Replies

Alexis Heffern

Yellow Company's variable expenses are 40% of sales and have monthly fixed expenses of $15,000. The

Yellow Company's variable expenses are 40% of sales and have monthly fixed expenses of $15,000. The

Yellow Company's variable expenses are 40% of sales and have monthly fixed expenses of $15,000. The monthly target operating income is $3,750. What is the monthly margin of safety as a percentage of target sales in dollars?
A) 20.00%
B

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bernie2981   1930   14 Replies

rucktom

The Refining Department of Ingber Sugar, Inc. had 56,000 tons of sugar to account for in December. ...

The Refining Department of Ingber Sugar, Inc. had 56,000 tons of sugar to account for in December. ...

The Refining Department of Ingber Sugar, Inc. had 56,000 tons of sugar to account for in December. Of the 56,000 tons, 40,000 tons were completed and transferred to the Boiling Department, and the remaining 16,000 tons were 60% complete. The material

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H3Ko   1927   22 Replies

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