Question 1
5. Identify and discuss two systematic and two unsystematic risk factors impacting on your company. Your discussion should be aimed at explaining systematic risk and unsystematic risk to your Aunty using example risk factors relevant to your company. One of the four risk factors should be drawn from news released about your company.,what are systematic risk factors?(definition+reference) how do the risk factors impact on your company? identity 2 systematic risk factors and explain(to family member) identify 2 unsystematic risk factors and example(to family member) use a news release as an example of at least 1 risk factor(preferably more + reference) news release should be referenced from recent media,the question said that use a news release as an example of at least 1 risk factor(preferably more + reference) and news release should be referenced from recent media', but i did not find any example , where is example? and reference?,in systematic risk, it asked you to said 2, but you noly gave 1, another one is ?,use a news release as an example of at least 1 risk factor(preferably more + reference) news release should be referenced from recent media. and reference,it is not a queation, you can see the queation, it said that 'One of the four risk factors should be drawn from news released about your company'. but in you answer you did not give any news.,so you should answer that 'use a news release as an example of at least 1 risk factor(preferably more + reference)', it is only one question. news release should be referenced from recent media. and reference",where is reference and intext reference?
Question 2
The General Fund of Middleville has presented you with the following trial balance as of June 30, 2011. Debits Credits Cash $ 40,000 Taxes Receivable- Delinquent 142,000 Estimated Uncollectible Taxes- Delinquent 9,100 Interest and Penalties Receivable 32,000 Vouchers Payable 24,000 Budgetary Fund Balance-Reserve for Encumbrances 10,200 Fund Balance _________ 170,700 $ 214,000 $214,000 The information that is being presented to you pertains to the transactions for the city of Middleville for the fiscal year ended June 30, 2012. 1. The following budget was adopted by the city council: Estimated Revenues: Property Taxes $ 650,000 Fines and Penalties 44,000 Licenses and Permits 150,000 Federal Grant 85,000 929,000 Appropriations and Other Financing Uses Public Safety 402,000 General Government 263,000 Public Works 102,000 Parks and Recreation 92,000 Transfers Out 34,000 893,000 2. Encumbrances outstanding at the end of the year were re-opened. 3. Property taxes of $ 660,000 were levied. It is estimated that 2.5% of the property taxes levied are expected to be uncollectible/ 4. Purchase orders issued for the 2012 fiscal year were as follows: Public Safety, $ 395,000; General Government, $ 259,000; Public Works, $ 100,000; Parks and Recreation, $ 98,000. 5. Cash collected for the Federal Grant from the Federal Government, $ 94,000. 6. Cash collected and transferred in as follows: Fines and Penalties 43,000 Licenses and Permits 164,000 7. Cash collected on property taxes were as follows: Current taxes, $559,000, Delinquent Taxes, $ 41,000 and $ 22,000 of interest and penalties were collected. 8. Purchase orders issued in 2012 in the following amounts were filled in at the following amounts: Estimated Actual Public Safety $ 395,000 $ 393,600 General Government $ 259,000 $ 258,200 Public Works $ 100,000 $ 99,400 Parks and Recreation $ 98,000 $ 97,500 --------------- --------------- $ 852,000 $ 848,700 9. Vouchers paid amounted to $ 840,000 and the transfer out to the Debt Service Fund, $34,000. 10. Please reclassify the Taxes Receivable ?Current and Estimated Uncollectible Taxes- Change from Current to Delinquent. Instructions: a. Prepare journal entries for the fiscal year ending 2012. b. Prepare closing entries. c. Prepare a General Fund Statement of Revenues, Expenditures, and Changes in Fund Balance for the year ended June 30, 2012. d. Prepare a General Fund Balance Sheet as of June 30, 2012.,I need it in excel form,thank you,I need this by tomorrow night, let me know can you complete this, thank you in advance,please I need this , this is the last extension, if you cannot help, please allow some other tutor to help me, thank you.
Question 3
Reflection 1- Accounting Profession - Part A Estimated student workload: 2-3 hours Linked learning outcomes: Analyse the environments in which an accountant works Develop personal professional skills and capabilities through the application of tools and strategies taking into account the opportunities and constraints of the professional environment Linked graduate capabilities: Critical analytical and integrative thinking Capable of Professional and Personal Judgment and Initiative Task Overview: Reflect on your personal understanding of the accounting profession. Marking criteria: Analysis and synthesis of knowledge from a range of experiences/sources Critical self-reflection to formulate professional development strategies. Completeness and relevance Overall clarity Refer to the Reflection Marking Rubric. Deliverables: 500-700 word reflection. Additional requirements: Formatting: Standard 12 point font, 1.5 line spacing, side margins 2.5cm wide. Referencing: All sources (ie the work and ideas of others) cited and referenced using a standard referencing system. Preparation/Instructions: Read at least one of the following readings: A Changing Profession? - Association of Chartered Certified Accountants Developments in the global accountancy sector - Chartered Institute of Management Accountants Answer the following questions, thinking about how your understanding of the role of an accountant has developed since you began studying accounting and the specific experiences/sources that have influenced your thinking: 1. When you think of the accounting profession what comes to your mind? 2. What contextual factors do you think could influence the accounting profession? 3. Describe the people you expect to interact with as an accountant. 4. What role do you think you should play in contributing to your community as an accountant? 5. What might the clients and fellow employees expect of you as an accountant? Review your work. Make sure the structure of the paragraphs and sentences is clear. Fix spelling and grammatical errors. Make sure you have cited and referenced accurately. Submit your reflection to turnitin via the link below. Once you have submitted your reflection, check the originality report in turnitin and ensure similarity with other sources is referenced. You can resubmit your reflection until the due date. Please note that the originality report for a resubmission takes 24 hours to be produced. Please ensure that you allow adequate time, if you are considering resubmission. Extensions: No extension will be granted Penalties: Late submission will not be accepted for marking, i.e., a mark of ZERO will be assigned accordingly.
Question 4
1. (Points: 1) With respect to a corporation, select the statement that is correct. a. Its organization requires an approved charter which is governed by state law. b. Ownership rights to the corporation are transferable. c. A corporation is a separate legal entity from its owners. d. Stockholders have limited liability. e. All of the above are correct. Save Answer 2. (Points: 1) Which of the following represents the shares currently in the hands of investors? a. Authorized shares b. Issued shares c. Outstanding shares d. Unissued shares e. Treasury shares Save Answer 3. (Points: 1) The par value of common stock is the a. average market price of the stock during the period in which it is sold. b. ceiling (maximum) amount above which the stock may not be sold initially. c. floor (minimum) amount below which the stock may not be sold initially. d. selling price of the stock at the date it was issued by the corporation. e. same as the market value for the stock on the date of issue. Save Answer 4. (Points: 1) Vaughan Company has one class of capital stock issued. It is a. common stock. b. preferred stock, voting. c. preferred stock, noncumulative. d. common stock, nonvoting. e. None of the above is correct. Save Answer 5. (Points: 1) If Lynch Corporation sells and issues 100 shares of its $10 par value common stock at $11 per share, the entry to record the sale will not include a a. Debit to Cash of $1,100. b. Credit to Contributed capital in excess of par of $100. c. Credit to Common stock of $1,000. d. Credit to Retained earnings of $100. e. All of the above would be included. Save Answer 6. (Points: 1) The conversion feature on convertible preferred stock enables the stockholder to convert it to a. convertible bonds. b. cash. c. common stock. d. products of the company. e. dividends in arrears. Save Answer 7. (Points: 1) Choose the correct definition for par value from the following: a. The amount that a corporation must pay when it exercises its right to convert shares of stock. b. The equity of one share of outstanding stock in the issuing corporation's net assets as recorded in the corporation's accounts. c. An arbitrary value placed on a share of stock at the time the stock is authorized in the corporate charter. d. The costs of bringing a corporation into existence, such as legal fees, promotor's fees, and amounts paid to the state to secure a charter. Save Answer 8. (Points: 1) Guest Corporation issued (sold) 1,000 shares of its no par common stock for $110 per share. The bylaws established a stated value of $100 per share. The transaction is recorded as an increase in contributed capital of a. $ 100,000. b. $ 110,000. c. $1,000,000. d. $1,100,000. e. None of the above is correct. Save Answer 9. (Points: 1) Which of the following statements is true? a. An initial public offering (IPO) occurs when the company first offers their stock for sale to the public. b. A seasoned new issue is the term used for any additional sales of new stock to the public after the IPO. c. An underwriter, usually an investment banker, advises the corporation on matters concerning the sale of shares of stock and helps to market those shares for a fee. d. A and B are true. e. All of the above are true. Save Answer 10. (Points: 1) Shares of stock eligible for dividends are a. the number of shares of authorized. b. the number of shares issued. c. the number of shares outstanding. d. the number of treasury shares. e. none of the above. Save Answer 11. (Points: 1) The declaration and payment of a cash dividend a. reduces retained earnings and increases liabilities by the amount of the dividend. b. reduces retained earnings and increases contributed capital by the same amount. c. reduces assets and increases liabilities each by the amount of the dividend. d. reduces assets and retained earnings each by the amount of the dividend. e. None of the above is correct. Save Answer 12. (Points: 1) Retained earnings a. is an asset. b. has a debit balance for a successful corporation. c. represents the future dividend liability of the company. d. represents the income that has been earned by the company, less any dividends declared since the first day of operations. e. is presented on the Statement of Cash Flows. Save Answer 13. (Points: 1) At the end of 20C, Allen Corporation reported a retained earnings credit balance of $50,000. During 20D, Allen reported the following amounts: Cash dividends declared and paid $15,000, net income of $35,000, and a $5,000 prior period adjustment (debit). The 20D ending balance of total retained earnings was a. $75,000. b. $70,000. c. $65,000. d. $60,000. e. None of the above is correct. Save Answer 14. (Points: 1) Which of the following accounts would appear in the general ledger of a partnership? a. Retained earnings account. b. Dividends paid account. c. Common stock accounts. d. Drawings accounts. e. None of the above. Save Answer 15. (Points: 1) The statement of cash flows reports directly on the a. financial position of the business. b. accrual basis in accordance with GAAP. c. causes of the inflows and outflows of cash. d. financial operating performance of the business. e. None of the above is correct. Save Answer 16. (Points: 1) Which of the following transactions would not create a cash flow? a. The company purchased some of its own stock from a stockholder. b. Amortization of patent for the period. c. Payment of a cash dividend. d. Sale of equipment at book value (i.e. no gain or loss). e. None of the above is correct. Save Answer 17. (Points: 1) Which of the following transactions is not a direct source of cash? a. Disposal of inventory for cash. b. Borrowing cash. c. Sale and issuance of capital stock for cash. d. Sale of services for cash. e. All of the above are direct sources of cash. Save Answer 18. (Points: 1) Which of the following transactions is not a direct use of cash? a. Acquisition of inventory for cash. b. Exchanges of bonds payable for land. c. Purchase of treasury stock with cash. d. Cash dividend paid. e. All of the above are direct uses of cash. Save Answer 19. (Points: 1) Which of the following transactions is not a source of cash? a. Cash sales of merchandise. b. Sale and issuance of capital stock for cash. c. Short-term borrowing of cash. d. Sale of operational assets for cash. e. All of the above are typical sources of cash. Save Answer 20. (Points: 1) Common stockholders have the right to a. sell their stock. b. share in any dividends distributed to common stockholders. c. have the first opportunity to purchase any additional shares of common stock issued by the corporation. d. vote at stockholders' meetings. e. All of the above are true. Save Answer 21. (Points: 1) Which of the following would not be a cash flow from investing activities? a. Purchase of long-term investments. b. Sale of a patent. c. Collection of principal of a note receivable. d. Collection of interest revenue on a long-term note. e. None of the above is correct. Save Answer 22. (Points: 1) Which of the following would not be a cash flow from financing activities? a. Issuance of common stock. b. Borrowing on a long-term note payable. c. Collection of a cash dividend. d. Repayment of principal on a long-term note payable. e. None of the above is correct. Save Answer 23. (Points: 1) Which of the following is a cash flow from operating activities? a. Purchase of merchandise for resale. b. Sale of a piece of land no longer used in operations. c. Sale of long-term investments in common stock. d. Payment of a note payable. e. None of the above is correct. Save Answer 24. (Points: 1) A cash inflow from financing activities includes a. proceeds from selling investments in equity securities of another company. b. proceeds from selling equipment. c. proceeds from issuance of bonds payable. d. receipt of interest payments. e. None of the above is correct. Save Answer 25. (Points: 1) The statement of cash flows (indirect method) reports depreciation expense as an addition to net income because depreciation a. causes an inflow of funds for the replacement of assets. b. reduces reported net income of the period but does not involve an outflow of cash for that period. c. is a direct use of cash. d. reduces reported net income and causes an inflow of cash. e. None of the above is correct. Save Answer 26. (Points: 1) When a company prepares a bond indenture, certain provisions of the bonds are included. Which of the following are not provisions specified in the indenture? a. Dates of interest payments. b. Rate of interest to be paid. c. Maturity date. d. Cash to be received at the issue date. e. All of the above are specified in the indenture. Save Answer 27. (Points: 1) Positive financial leverage occurs when a. interest payments can be deducted for income tax purposes. b. the company's after-tax return on total assets is less than the after-tax cost of borrowing. c. the return to the owners is enhanced through the use of debt financing. d. payment of resources to creditors is limited to the required interest payments while the return of the principal borrowed is not required. e. None of the above is correct. Save Answer 28. (Points: 1) Bonds payable usually are classified on the balance sheet as a. long-term liabilities. b. current liabilities. c. investments and funds. d. current assets. e. None of the above is correct. Save Answer 29. (Points: 1) The annual interest rate specified on a bond (which is based on the maturity amount of the bond) appropriately can be called the a. stated rate. b. nominal rate. c. coupon rate. d. contract rate. e. A through D are all acceptable terms. Save Answer 30. (Points: 1) Which of the following statements is correct? a. Bonds are always issued (sold) at their par value. b. Bonds issued at more than par value are said to be issued at a discount. c. Once bonds are issued, the bonds will trade in the bond market above or below par depending on changes in interest rates. d. Bondholders must hold their bonds to maturity to receive cash for their investment. e. None of the above is correct. Save Answer 31. (Points: 1) On July 1, 20A, Wilson Company issued $300,000, five-year, 9% bonds at 103. The reason Wilson issued the bonds at a premium was a. the stated rate of interest was higher than the rate being paid on investments with comparable risk. b. the stated rate of interest was the same as the rate being paid on investments with comparable risk. c. the stated rate of interest was lower than the rate being paid on investments with comparable risk. d. the bonds were callable. e. None of the above is correct. Save Answer 32. (Points: 1) Deany Company issued $100,000 bonds. The stated rate of interest was 8% and the market rate 9%. Which of the following statements is true? a. The bonds were issued at a premium. b. Annual interest expense will exceed the company's actual cash payments for interest. c. Annual interest expense will be $8,000. d. Deany Company cannot issue bonds if the market rate is higher than the stated rate. e. None of the above is correct. Save Answer 33. (Points: 1) If a bond is sold at 98, its stated rate of interest would be a. higher than the market rate. b. lower than the market rate. c. equal to the market rate. d. unrelated to the market rate. e. None of the above is correct. Save Answer 34. (Points: 1) Ratios are most useful for analysis when a. used alone. b. compared with historical ratios of the same company. c. compared with ratios for other companies in the industry. d. Both B and C are correct. e. All of the above are correct. Save Answer 35. (Points: 1) The base amount in preparing a common-size income statement is usually a. cost of goods sold. b. gross profit. c. net income. d. net sales. e. All of the above are appropriate. Save Answer 36. (Points: 1) The Able Company had net income of $47,500 and earnings per share of $3.17 during 20B. On December 31, 20B, the stock had a market price of $18.50 per share. What is Able's price/earnings ratio? a. 25.70. b. 8.11. c. 5.84. d. 0.17. e. None of the above is correct. Save Answer 37. (Points: 1) Perot Company had income before interest and taxes of $120,000. Interest expense for the period was $17,000 and income taxes amounted to $28,500. The average stockholders' equity was $680,000. What is Perot's return on equity? a. 17.65%. b. 15.15%. c. 13.46%. d. 10.96%. e. None of the above is correct. Save Answer 38. (Points: 1) A business must maintain a sufficient amount of working capital to a. meet current debts b. carry adequate inventories c. take advantage of cash discounts d. to maintain liquidity. e. All of the above are correct. Save Answer 39. (Points: 1) Crusader Company reported the following amounts in the 20A balance sheet Total assets $330,000 Total liabilities $100,000 Common stock, par value $9 (no preferred stock) $90,000 The book value of the common stock was a. $11. b. $20. c. $33. d. $22. e. None of the above is correct. Save Answer 40. (Points: 1) At the end of 20B, Storage Company reported outstanding common stock (par $20) of $300,000. Total liabilities were $440,000 and total assets were $860,000. The company had no preferred stock. The book value per share of common stock was a. $29.00. b. $13.90. c. $28.00. d. $14.00. e. None of the above is correct. Save Answer 41. (Points: 1) Bailey Corporation reported the following information for 20A Net income $10,000 Total assests $16,000 Total stockholders' equity $8,000 Morgan's debt/equity ratio was a. .33 or 33%. b. 1.25 or 125 %. c. 1.0 or 100%. d. 3.0 or 300%. e. None of the above is correct. Save Answer 42. (Points: 1) Shore Company reported income before extraordinary items of $25,000, total liabilities of $150,000, and total stockholders' equity of $100,000. The return on assets was a. 10%. b. 25%. c. 16.67%. d. Cannot be determined from the data given. e. None of the above is correct. Save Answer 43. (Points: 1) If the current (working capital) ratio is 2 to 1, the payment of a cash dividend, which was recorded as a liability on the date of declaration, will a. increase the current ratio. b. decrease the current ratio. c. have no effect on the current ratio. d. invalidate earnings per share. e. None of the above is correct. Save Answer 44. (Points: 1) The records of ZZZZ Better Corporation include the following: Average total assets $60,000 Average total liabilities $45,000 Total revenue $107,600 Total expense (including income tax) $104,000 The return on equity is (round to the nearest percent) a. 13%. b. 6%. c. 24%. d. 6%. e. None of the above is correct. Save Answer 45. (Points: 1) An important measure of the average movement of goods "on and off the shelf" of a company is the a. Profit margin. b. Price/earnings ratio. c. Inventory turnover ratio. d. Gross inventory ratio. e. None of the above is correct. Save Answer 46. (Points: 1) Book value per common share a. usually is a good indicator of the market value of the common stock. b. is a good measure of management performance. c. is usually greater than the market value per share. d. is a measure of liquidity. e. is not widely used in assessing the future dividend potential of the corporation. Save Answer 47. (Points: 1) Which of the following ratios is NOT a test of liquidity? a. Receivable turnover. b. Cash ratio. c. Current ratio. d. Quick ratio. e. All of the above are tests of liquidity. Save Answer 48. (Points: 1) Which of the following ratios is not a test of solvency? a. Debt to equity ratio. b. Owners' equity to total equity ratio. c. Creditors' equity to total equity ratio. d. Earnings per share ratio. e. All of the above are tests of solvency. Save Answer 49. (Points: 1) Which of the following ratios is not an indicator of a company's short-term financial strength? a. Price/earnings ratio. b. Receivable turnover. c. Working capital ratio. d. Quick ratio. e. All of the above are indicators of the current position. Save Answer 50. (Points: 1) Which of the following ratios usually is not considered to be a test of profitability? a. Current ratio. b. Profit margin. c. Return on assets. d. Earnings per share. e. None of the above is correct. Save Answer
Question 5
DUE DATE: February 22, 2013 AT 7:00 am Please note I have to submit this assignment this same day Friday Feb 22, so it is extremely important you return it to me no later than 7:00am my time Orlando, Florida, United States. BUS 499: Business Administration Capstone Please do not take too long to confirm, I will appreciate it. Assignment and completed instructions (Attached): 6 to 8 page paper. Please READ ALL INSTRUCTIONS very careful, since unfortunately a few professors do not read carefully, and do not provide a good work. Note: I just attached 1 scan right here, the remaining attachments (scans) will be attached one by one in a bit later, because I cannot attach more than one on this posting. PLAGIARISM is NOT ACCEPTED, please DOUBLE check for plagiarism, since I will not accept a plagiarized job. The last assignment was entirely plagiarized, and I had a hard time, it was a big headache! This is NOT ACCEPTABLE. Please see below a pretty good website for plagiarism, or check on any other GOOD plagiarism checker you might have. http://www.grammarly.com/?q=plagiarism&gclid=CJXvn8jzzrMCFQeDnQoduBEAPw Please use SHORT "in text citations" to support your own words/answers. And enclosed with " ". This way I can know where the "in text citations" START and where it END. Also, please include page # (pg. 2) or paragraph # (para. 4), Volume #, etc. if applicable. Example of "in text citation" "The evidence is a basic as the terra preta do indio, or India Black Earth" (Glick, 2007, para. 4) NOTE: Make sure to use SHORT "in text citations" to support your own words/answers. Some professors use long citations and few of own words, this is NOT acceptable, since is not providing a quality work, so please when explaining in your own words the short citation, please do around 300 words per explanation/question, not less than that or do a page, please explain clear, precise, concise, and detailed. When using double space the page fill out faster. Please INCLUDE A REFERENCE page, and please note that cover page and reference page are not included in the required page length. All info in the reference page need to be included: For example: page #, paragraph #, volume #, etc. if applicable. Example of Reference: Glick, D. (2007, February 10). Bio-char sequestration in terrestrial ecosystems?A review [Electronic mailing list message]. retrieved from http://bioenergylists.org/nwesgroup-archive/terrapeta_bioenergylists.org/2007-February/00023.html
