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Sladkaya [172]
3 years ago
14

Find an article regarding full disclosure or the treatment of accounting changes. In 250-300 words, summarize the article that y

ou found and post that summary in the discussion forum. Post the article name in the subject line and do not post on an article that another classmate has already posted. Participate in follow-up discussion by choosing one of the articles that your classmates' posted on and providing additional comments about the findings of that article. Your initial post should be 250-500 words, and should demonstrate solid academic writing skills. Please include proper citations in your discussion post. Points will be deducted if proper citations are not used.
Business
1 answer:
Akimi4 [234]3 years ago
3 0

Hi, since this is an academic writing activity, I simply provided suggestions and explanations of key terms.

<u>Explanation:</u>

Basically writing an essay involves consulting good written sources of information that discuss the subject. The term accounting changes disclosure basically refers to the requirement for companies to disclose

any changes to its:

  • accounting principle,
  • accounting estimates, or
  • reporting entity.

Citation (reference) is a term used in reasearch to describe a source or a list of sources (published and unpublished) where information or data was consulted and used in the research work.

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The following partially completed process cost summary describes the July production activities of Ashad Company. Its production
xeze [42]

Answer:

Units Transferred Out $ 663750

Work In Process Ending $ 30440

Direct Materials Costs  $ 11.5 per EUP   Conversion  Costs$6.2 per  EUP

Explanation:

Ashad Company

Weighted Average Method

Cost Of Production Report

Equivalent Units of Production

                                                      Direct Materials           Conversion

Units transferred out                       37,500 EUP                 37,500 EUP

<u>Units of ending work in process      2,000 EUP                    1,200 EUP</u>

<u>Equivalent units of production          39,500 EUP                38,700 EUP</u>

Costs Added

                                                    Direct Materials           Conversion

Costs of beginning work in

process                                               $13,450                    $1,860

<u>Costs incurred this period               440,800                      238,080</u>

<u>Total costs                                       $454,250                   $239,940 </u>

<u />

Costs per EUP

                                                Direct Materials           Conversion

                                $454,250/ 39,500 EUP         $239,940/38,700 EUP

                                     =  $ 11.5 per EUP                        = $6.2 per  EUP

Dividing the costs with EUP gives cost per EUP.

Costs Accounted For

Units Transferred Out $ 663750

Materials = $ 11.5 * 37500=$  431250

Conversion= $ 6.2 * 37500=$ 232500

Total = $ 663750

Work In Process Ending $ 30440

Materials = $ 11.5 * 2000=$  23000

Conversion= $ 6.2 * 1200=$ 7440

Total = $ 30440

Now adding the costs of Transferred out units and the ending work in process inventory equals the total of the costs added.

$ 663750+$ 30440 = $454,250 + $239,940

$ 694190 = $ 694190

8 0
3 years ago
What should you do when you have multiple goals that conflict with each other?
castortr0y [4]
Probably drop one of the goals or find a different time to do it
7 0
3 years ago
Pennewell Publishing Inc. (PP) is a zero growth company. It currently has zero debt and its earnings before interest and taxes (
Nikolay [14]

Answer:

Price per share after repurchase = $51.064

Shares remaining after repurchase = 6500

Explanation:

Given the following :

Value of operations = $510,638

Value of T-bills = value of debt = $178,723

Therefore, value of equity = $510,638

Number of common shares = 10,000

Price per share = Value of equity / Number of shares

Price per share = $510,638 / 10,000 = $51.064

Price per share prior to repurchase is the same as price per share after repurchase.

However, number of shares repurchased equals;

$178,723 / $51.064 = 3499.99 = 3500 shares

Number of shares left after repurchase :

Totals shares - shares repurchased

10,000 - 3500 = 6,500

8 0
3 years ago
Piper is a manager in a corporation that was organized in Canada by one of his former coworkers. The company provides consulting
Yuri [45]

Answer:

A Public company.

Explanation:

A public company can be described as a commercial organization that has its share capital formed by shares, that is, the company sells its shares to the public, who become partners in the company.

The shares of a public company are traded on the stock exchange freely, without the need for any type of public bookkeeping.

The company's shareholders can be composed of any type of person who is interested in buying shares in the company.

Private companies generally become public because of the possibility of obtaining capital, which generates greater revenue for the company and greater possibility for growth and investment in business.

8 0
3 years ago
Gordon Industries has 6 percent coupon bonds outstanding with a face value of $1,000 and a market price of $959.21. The bonds pa
salantis [7]

At the current interest rate of 6.5%, the bonds will mature in 12 years.

CALCULATIONS:

RATE= 6.5%                

PMT= 1000$*6% = 60$                

PV= 959.21$

FV= 1000$                

NO. OF YEARS TO MATURE= NPER(rate, pmt, -pv,fv,0)

                                                =NPER(6.5%,60$,-959.21$,1000$,0)

                                                 =12 YEARS

A coupon bond, also known as a bearer bond or bond coupon, is a debt obligation that includes semiannual interest coupons. The issuer keeps no record of coupon bond purchasers, and the purchaser's name is not printed on any kind of certificate. Between the time the bond is issued and the time it matures, bondholders receive these coupons.

Coupons are typically described in terms of the coupon rate, which is the yield paid on the date of issuance by a coupon bond. The interest rate on the coupon is subject to change. The coupon rate is calculated by adding all of the annual coupons and dividing the total by the bond's face value.

Learn more about coupon bonds here:

brainly.com/question/14746407

#SPJ4

8 0
2 years ago
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