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3 years ago

Financial statement account identification mark each of the accounts listed in the following table as follows.

Business

1 answer:

Triss [41]3 years ago

5 0

Answer:

Account name statement(1) type of account(2)

Accounts payable BS CL

Accounts receivable BS CA

Accruals IS and BS income and SE

Accumulated amortization BS FA

administrative expenses IS E

Buildings BS FA

Cash BS CA

Common shares BS SE

Cost of goods sold IS E

Amortization BS E

Equipment BS F ASSET

General expenses IS E

Intrest expenses IS E

Account name Statement(1) type of account(2)

Inventories BS CA

Land BS FA

long term debts BS CL

Machinery BS FA

marketable securities BS CA

Line of credit BS LTD

operating expense IS E

Preferred shares BS SE

preferred share dividends BS SE

retained earnings BS R

Sales revenue IS R

Selling expense IS E

Taxes IS E

Vehicle BS FA

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VashaNatasha [74]

Answer:

The maximum growth rate to my calculations is 8.32%, since it is closer to option E), I´d choose E) 8.37%

Explanation:

Hi, in order to find the growth rate given all the info of the problem, we need to use the following formula.

$g=b*R$

Where:

g = growth rate

b=retention ratio

R = return on equity

Since R = Earnings / Equity, and our dividend payout ratio (equals to 1 - b)our fromula changes to:

$g=(1-Payout)*\frac{NetIncome}{Equity}$

So, everything should look like this:

$g=(1-0.25)*\frac{32,600}{294,000} =0.0832$

So, the growth rate is equal to 8.32% but this option is not available, therefore we´ll go for the closest one, that is E) 8.37%.

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3 years ago

Charles Berkle is the manager of Nogain Manufacturing and is interested in doing a cost of quality analysis. The following cost

Georgia [21]

Explanation:

a. The classification is shown below:

Prevention cost: This cost incurred so that the faults, or defects could be minimized as compare to before. It includes the machine maintenance expense i.e $3,000

Appraisal cost: This cost incurred specially to meet the quality of the customer expectations. It is a quality control cost. It includes the inspection cost of $15,000

Internal failure: This cost is occurred before delivery the product from the factory. It includes Scrap and rework of $8,600 and Machine breakdown cost of $4,000

External failure: This cost is occurred after delivery the product. It includes the warranty expense of $21,000, product return due to defects of $6,000 and Estimated lost sales due to poor quality of $5,000

b. Now the percentage is

= (Prevention and appraisal cost) ÷ (Sales revenue) × 100

= ($3,000 + $15,000) ÷ ($250,000) × 100

= 7.2%

c. The percentage is

= (Internal and external failures) ÷ (Sales revenue) × 100

= ($8,600 + $4,000 + $21,000 + $6,000 + $5,000) ÷ ($250,000) × 100

= 17.84%

Below is the attachment for cost of quality report

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3 years ago

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Answer: =-9.34%

Explanation:

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3 years ago