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3 years ago

What factors warrant special attention in appraising a firm’s inventory, equipment and accounts receivable?

Business

1 answer:

melisa1 [442]3 years ago

4 0

Answer:

First, factors warrant special attention in appraising a company's <em>inventory </em>is that it is unnecessary for you to accept the value that is already set by the seller. It is a major point to have a deal, a negotiation about the value of it.

Secondly, about the firm's equipment, it should be evaluate based on its value, current condition with any damage or depreciation, the age of using as well as whether it is leased or purchased asset.

Last, about account receivable, it is essential when appraising to look in the longer period of time, breaking the balance sheet of the account into 30, 60 or 90+ days. It can be concluded that the longer the accounts are outstanding, the less valuable that its assets are.

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Are the following movements or shifts along/of the demand curve:

azamat

Answer:

Any movement which is caused by price will be along the demand curve and any other movement caused by non price factors will shift the demand curve.

1) A decrease in the number of consumers is a non price movement so the demand curve will shift leftwards because of it.

2) A change in taste of consumers making them desire more hot dogs is a non price movement and it will shift the demand curve to the right.

3) An increase in the price of hot dogs is a price movement and this will cause movement along the demand curve.

Explanation:

6 0

3 years ago

Tyler Financial Services performs bookkeeping and tax-reporting services to startup companies in the Oconomowoc area. On January

Rainbow [258]

Answer:

Tyler Financial Services

1. Journal Entries:

January 1, 2014:

Debit Cash $10,500

Unearned Service Revenue $10,500

To record cash collected for unearned services.

December 31, 2014:

Debit Unearned Service Revenue $10,500

Credit Service Revenue $10,500

To record the earned service revenue for the year.

January 1, 2015:

Debit Cash $10,500

Unearned Service Revenue $10,500

To record cash collected for unearned services.

December 31, 2015:

Debit Unearned Service Revenue $10,500

Credit Service Revenue $10,500

To record the earned service revenue for the year.

2. Journal Entries:

January 1, 2016:

Debit Cash $30,400

Unearned Service Revenue $30,400

To record cash collected for unearned services.

December 31, 2016:

Debit Unearned Service Revenue $9,800

Credit Service Revenue $9,800

To record the earned service revenue for the year.

Explanation:

a) Data and Calculations:

Annual contract fee = $10,500 in 2014 and 2015

Modified contract fee = $9,800 in 2016

Additional fee from year 3 = $20,600 for 3 more years ($6,867 each year) from 2017 to 2019

b) Cash received ($30,400) on January 1, 2016 includes the $9,800 for 2016 and the $20,600 for the years 2017 to 2019.

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2 years ago

Problem 4-4 Calculation of Gain or Loss (LO 4.3) Jocasta owns an apartment complex that she purchased 6 years ago for $750,000.

NemiM [27]

Answer:

$671,300

Explanation:

The calculation of adjusted basis in the building is shown below:-

Adjusted basis = Original cost of the property + Cost of capital improvements - Depreciation claimed

= $750,000 + $50,000 - $128,700

= $800,000 - $128,700

= $671,300

Therefore for computing the adjusted basis we simply add original cost of the property with cost of capital improvements and deduct depreciation claimed.

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3 years ago

TO: All Employees SUBJECT: New Accounting Supervisor at KBL Toys, Starting August 4

satela [25.4K]

Uh maybe it quiero be

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3 years ago

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The ABS company has a capital base of $270 million, an opportunity cost of capital (k) of 19%, a return on assets (ROA) of 9%, a

tiny-mole [99]

Answer:

0.9