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External link to Question : 161. Which of the following is/are true concerning an employee stock : 1245768
Accounting

Question : 161. Which of the following is/are true concerning an employee stock : 1245768

    161. Which of the following is/are true concerning an employee stock options’ benefit element? A. One cannot measure the amount of the benefit element before the exercise date. B. Stock options with exercise prices less than the current market price of the stock have a higher value, other things equal, than stock options with exercise prices exceeding the current market price of the stock.C. Stock options that are […]

External link to Question : 157. Fill in the missing numbers using the formula for Fixed : 1239872
Accounting

Question : 157. Fill in the missing numbers using the formula for Fixed : 1239872

  157. Fill in the missing numbers using the formula for Fixed Asset Turnover:    Company A Company B Company C Company D Net Sales $5,000,000 $720,000 $900,000 ? Beginning Fixed Assets $450,000 $275,000 ? $380,000 Ending Fixed Assets $800,000 ? $310,000 $420,000 Fixed Asset Turnover ? 2.4 times 3 times 2.6 times                       158. Williams Company […]

External link to Question : 36) For January, budgeted gross margin is: A) $100,000 B) : 1217213
Accounting

Question : 36) For January, budgeted gross margin is: A) $100,000 B) : 1217213

  36) For January, budgeted gross margin is: A) $100,000 B) $140,000 C) $60,000 D) $50,000   37) For January, the amount budgeted for the nonmanufacturing costs budget is: A) $78,000 B) $10,000 C) $168,000 D) $18,000 38) Tiger Pride produces two product lines: T-shirts and Sweatshirts. Product profitability is analyzed as follows:   T-SHIRTSSWEATSHIRTS Production and sales volume60,000 units35,000 units Selling price$16.00$29.00 Direct material$ […]

External link to Question : 56. Ruben Company purchased $100,000 of Evans Company bonds at 100. : 1226751
Accounting

Question : 56. Ruben Company purchased $100,000 of Evans Company bonds at 100. : 1226751

    56. Ruben Company purchased $100,000 of Evans Company bonds at 100.  Ruben later sold the bonds at $104,500 plus $500 in accrued interest.  The journal entry to record the sale of the bonds would be:  A. Debit: Cash $105,000; Credit: Investment in Bonds $104,500 and Interest Revenue $500 B. Debit: Cash $105,000; Credit: Investment in Bonds $100,000 and Gain on Sale of Investments $5,000 C. Debit: Cash […]

External link to Question : 11) Which of the following one of Michael Porter’s five : 1222584
Accounting

Question : 11) Which of the following one of Michael Porter’s five : 1222584

  11) Which of the following is one of Michael Porter’s five competitive forces? A) the bargaining power of suppliers B) the bargaining power of the government C) the threat of industrial slowdown D) the threat of technological obsolescence 12) Which of the following is a difference between internal comparison and external comparison with regard to financial statement analysis? A) An internal comparison reveals unexpected […]

External link to Question : 41. The usual entry to record the conversion of convertible bonds : 1245787
Accounting

Question : 41. The usual entry to record the conversion of convertible bonds : 1245787

    41. The usual entry to record the conversion of convertible bonds or preferred stock into common shares ignores _____ and shows the swap of common shares for bonds or preferred stock at their _____.  A. current market prices; carrying value B. carrying value; current market prices C. current market prices; par value D. carrying value; par value E. present value of future cash flows; current market prices   42. Which […]

External link to Question : Question During May, the last month of the fiscal year, the : 1161389
Accounting

Question : Question During May, the last month of the fiscal year, the : 1161389

Question During May, the last month of the fiscal year, the following transactions were completed: Record the following transactions on page 20 of the journal. Refer to the Chart of Accounts for exact wording of account titles. May 1 Paid rent for May, $5,000. 3 Purchased merchandise on account from Martin Co., terms 2/10, n/30, FOB shipping point, $36,000. 4 Paid freight on purchase of […]

External link to Question : 91.  On August 31, 2013, Victory Corporation’s common stock priced : 1256382
Accounting

Question : 91.  On August 31, 2013, Victory Corporation’s common stock priced : 1256382

    91.  On August 31, 2013, Victory Corporation’s common stock is priced at $30 per share before any stock dividend or split, and the stockholders’ equity section of its balance sheet appears as follows. Assume that the company declares and immediately distributes a 15% stock dividend.     Common stock—$7 par value, 95,000 shares authorized, 38,000 shares issued and outstanding $ 266,000     […]

External link to Question : 61) Avatar, Inc. bought a machine January 1, 2011 for : 1253166
Accounting

Question : 61) Avatar, Inc. bought a machine January 1, 2011 for : 1253166

    61) Avatar, Inc. bought a machine on January 1, 2011 for $96,000. The machine is expected to last for 8 years, after which it will be worthless. What is the book value of the machine on Avatar’s balance sheet at December 31, 2011? A) $96,000 B) $16,000 C) $12,000 D) $84,000   62) Avatar, Inc. bought a machine on January 1, 2011 for […]

External link to Question : 134. Williams Company began business May 1. They use the periodic : 1256303
Accounting

Question : 134. Williams Company began business May 1. They use the periodic : 1256303

  134. Williams Company began business on May 1. They use the periodic inventory method. The following transactions involving purchases and cash disbursements occurred during the first week of May:  May 2 Purchased $25,000 of merchandise inventory on credit from the Sioux City Company, terms 2/10, n/30. Invoice dated May 1. May 3 Purchased $12,000 of merchandise inventory on credit from the Wichita Company, terms 2/10, […]

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July 1, 2023
    

1)Identify and briefly describe three out of the six reasons given in the text for attempting to reduce the duration of a project.

2)What is crashing? Include a discussion of crash time and crash cost.

3)You are driving to a project status report meeting with your client. You encountered a significant technical problem on the project that has put your project behind schedule. This is not good news because completion time is the number one priority for the project. You are confident that your team can solve the problem if they are free to give their undivided attention to it and that with hard work you can get back on schedule. You also believe if you tell the client about the problem, she will demand a meeting with your team to discuss the implications of the problem. You can also expect her to send some of her personnel to oversee the solution to the problem. These interruptions will likely further delay the project. What should you tell your client about the current status of the project?

4)You are managing the renovation of the Old Princeton Landing Bar and Grill. The project is on schedule despite receiving a late shipment of paint. The paint was supposed to arrive on 1/30, but instead arrived on 2/1. The assistant store manager apologizes profusely for the delay and asks if you would be willing to sign the acceptance form and backdate it to 1/30. He says he won’t qualify for a bonus that he has worked hard to meet for the past month if the shipment is reported late. He promises to make it up to you on future projects. What would you do and why?

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July 1, 2023
    

1)Identify and briefly describe three out of the six reasons given in the text for attempting to reduce the duration of a project.

2)What is crashing? Include a discussion of crash time and crash cost.

3)You are driving to a project status report meeting with your client. You encountered a significant technical problem on the project that has put your project behind schedule. This is not good news because completion time is the number one priority for the project. You are confident that your team can solve the problem if they are free to give their undivided attention to it and that with hard work you can get back on schedule. You also believe if you tell the client about the problem, she will demand a meeting with your team to discuss the implications of the problem. You can also expect her to send some of her personnel to oversee the solution to the problem. These interruptions will likely further delay the project. What should you tell your client about the current status of the project?

4)You are managing the renovation of the Old Princeton Landing Bar and Grill. The project is on schedule despite receiving a late shipment of paint. The paint was supposed to arrive on 1/30, but instead arrived on 2/1. The assistant store manager apologizes profusely for the delay and asks if you would be willing to sign the acceptance form and backdate it to 1/30. He says he won’t qualify for a bonus that he has worked hard to meet for the past month if the shipment is reported late. He promises to make it up to you on future projects. What would you do and why?

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July 1, 2023
    

1)Identify and briefly describe three out of the six reasons given in the text for attempting to reduce the duration of a project.

2)What is crashing? Include a discussion of crash time and crash cost.

3)You are driving to a project status report meeting with your client. You encountered a significant technical problem on the project that has put your project behind schedule. This is not good news because completion time is the number one priority for the project. You are confident that your team can solve the problem if they are free to give their undivided attention to it and that with hard work you can get back on schedule. You also believe if you tell the client about the problem, she will demand a meeting with your team to discuss the implications of the problem. You can also expect her to send some of her personnel to oversee the solution to the problem. These interruptions will likely further delay the project. What should you tell your client about the current status of the project?

4)You are managing the renovation of the Old Princeton Landing Bar and Grill. The project is on schedule despite receiving a late shipment of paint. The paint was supposed to arrive on 1/30, but instead arrived on 2/1. The assistant store manager apologizes profusely for the delay and asks if you would be willing to sign the acceptance form and backdate it to 1/30. He says he won’t qualify for a bonus that he has worked hard to meet for the past month if the shipment is reported late. He promises to make it up to you on future projects. What would you do and why?

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