-
Goods Sold Fixed Assets
2,414 wordsRoatcap Cattle Company, Ltd. (RCC) faces changing the focus of its cattle operations. The options are (1) to maintain the cattle operations at the current level, (2) to expand to 100 cows, (3) to expand to 200 cows, or (4) to get out of the cattle business altogether. RCC currently uses a cash or tax based method to account for its cattle operations, RCC has employed our accounting firm to modify, based on Rcc's approval, its accounting methods for the following four objectives: financial, cost ...
Free research essays on topics related to: fixed assets, financial statements, variable cost, income statement, goods sold -
Internal Controls Proper Treatment
2,517 words... at current levels hay must be purchased from an outside party (at $ 80. 00 /ton) to support any volume of cattle above 30 during the winter months. Recently, RCC has been faced with the opportunity to expand self-produced hay in two different manners. First, RCC can buy a parcel of land that will produce an additional 100 tons of hay per year. This would bring total winter hay production to 160 tons per year. Second, RCC can install an irrigation system on current hay producing land to maxim...
Free research essays on topics related to: internal controls, proper treatment, financial statements, variable cost, irrigation system -
Home Office E 3
492 wordsTaxpayers will be reimbursed by the corporation for all out of pocket expenses incurred including transportation, and lodging expenses. However, taxpayers will not be reimbursed for costs incurred in the operation and maintenance of employee home offices. 1. What procedures must the corporation take in developing and carrying out any type of accountable plan? 2. What should employees be aware of regarding tax treatment of reimbursements and un reimbursed employee expenses? Sec. 62 (a) (2) Employ...
Free research essays on topics related to: expenses, deductions, home office, e 3, accountable -
Accounts Receivable Cash Flow
1,321 wordsPurpose: To analyze the cause and effect of the significant drop of Traditional Industry's (Traditional) 1989 net income, from 1988 record breaking amount number. We have noted the following weaknesses in reporting as the primary cause of Traditional's bankruptcy: Traditional had not properly recorded bad debt expense and account receivable for the year 1988, as such, we will reconstruct the journal entries for bad debt expense and accounts receivable write-offs for 1987, 1988, 1989. If bad debt...
Free research essays on topics related to: generally accepted, gross profit, cash inflows, accounts receivable, cash flow -
Income Statement Cash Flow
1,354 words... used the installment plan) and cash outflows (Traditional compensated suppliers for equipment purchases up-front and paid the commissions to sales representatives at the time of sales). The company had liquidity problems in 1987 despite its optimistic statement in the Annual Reports Financial Review. According to the companys low liquidity we could predict even in 1987 that Traditional would have difficulties in repaying the companys debts later in the future. And that really happened in 198...
Free research essays on topics related to: income statement, financial statements, open ended, cash flow, current ratio -
Supreme Court Ruled Life Without Parole
1,972 wordsPOSITION PAPER (Death penalty) Is capital punishment just? The death penalty is a controversial issue for most people. Supporters claim that it eliminates repeat offenders, deters potential murderers and is the ultimate retribution. Opponents denounce it as murder, say that it does not cause deterrence but rather promotes violence and claim that it introduces the chance of an innocent person being executed. Due to the arguments presented by both sides and because of my own personal beliefs, the ...
Free research essays on topics related to: supreme court ruled, cruel and unusual, u s constitution, leopold and loeb, life without parole -
18 Th Birthday Body Piercing Tattoo
814 wordsYour 18 th birthday is one of the most important birthdays. You are finally of legal age to get a tattoo or a body piercing. The difficult question you now face is which one do you choose? You would love either, so the decision is mainly based on the expense, aftercare, permanence, and the pain of each. Both are great ways of self-expression but body piercing is an overall better idea. The aftercare of a tattoo is complex for the first couple of weeks. The tattoo cannot be soaked in water for 7 ...
Free research essays on topics related to: aftercare, piercing, tattoo, body piercing, jewelry -
Proves Himself Truly Ready Hal Achieves Great Honour Father
689 wordsIn Henry IV Part One Hal achieves great honour, and proves himself truly ready to be King. However, he has only achieved this at the expense of others. In the play we find out how he has gone from Eastcheap rogue to battlefield warrior. In the beginning, Hal and his obese friend Falstaff, are two rednecks that act like children. They get drunk and like to party, having no seriousness in their lives. Hal abuses his power as Prince by paying all of Falstaff's Bills. He has behaved in immature and ...
Free research essays on topics related to: hal, falstaff, expense, prince of wales, hotspur -
Break Even Analysis Wellness Program
891 words... s potential customers include all businesses that offer their employees some type of medical benefits, are experiencing escalating health care costs, and wish to more effectively manage their costs. Corporate Fitness, however, segments its services for individual organizations. Corporate Fitness will work with senior management to develop mission statements and provide incentive plans, and with employees to design personalized health and fitness programs. The targeted customers are corporate...
Free research essays on topics related to: marketing plan, focus groups, break even analysis, marketing strategy, wellness program -
Stock Options Fair Value
617 words1. Should stock options be counted as an expense? Stock options should be counted as an expense for the fact that they represent something of value, even though this value is not always precisely estimated. a. Make the argument for counting them as expenses. The company gives the owners of call options the right yet not the obligation to buy the specified stock at a certain time at a certain price. The reasonable owner of stock options will buy the stock at the specified price only if it is less...
Free research essays on topics related to: high tech, stock options, fair value, options, option -
Cash Flow Capital Budgeting
2,638 wordsPrinciples of Finance Business theory was not fully developed until the early part of the twentieth century, when modelers started to investigate specific company activities such as production and finance. But it looks like financial principles like time value of money have always existed in the social and business life of people. Building on these foundations, many of the early theories of production, exchange, money and capital were developed. For example, Harrod pioneered the ideas of economi...
Free research essays on topics related to: present value, capital budgeting, vice president, income statement, cash flow -
S P 500 Campbell Soup
1,242 wordsYahoo case 1. Should stock options be counted as an expense? Stock options should be counted as an expense for the fact that they represent something of value, even though this value is not always precisely estimated. a. Make the argument for counting them as expenses. The company gives the owners of call options the right yet not the obligation to buy the specified stock at a certain time at a certain price. The reasonable owner of stock options will buy the stock at the specified price only if...
Free research essays on topics related to: stock options, fair value, s p 500, compensation package, campbell soup -
American Heritage Dictionary Electronic Commerce
2,877 wordsTeleworking Moving The Idea Not The Person Teleworking is a relatively new and increasing form of working resulting from change in our culture employers, employees, the economy and society all benefit from teleworking. Human Culture has changed and is still changing. Our culture went from Gather-Hunters to agricultural to industrial to service oriented. In the last several years our service-oriented society increasingly is moving towards an informational based society. Looking at United States b...
Free research essays on topics related to: american heritage dictionary, european commission, employment opportunities, job stress, electronic commerce -
Frito Lay Gross Margin
2,639 wordsFrito-Lay Inc. has a very profitable dip product line. This is not only a great deal now, but also has shown tremendous sales growth over the past few years. In 1981 their sales reached 30 million dollars, with the sales figures almost tripling by 1985, reaching 87 million dollars. However, this success brings the corporation into a very unique situation as well as bringing up a very good question of? how to develop this further? ? Their options boil down to two different viewpoints. The first i...
Free research essays on topics related to: billion dollars, snack foods, frito lay, million dollars, gross margin -
Daniel Alcoholic Beverage
4,042 wordsStraight up or mixed, whiskey or wine? Brown-Forman? s got a drink for you. The Louisville, Kentucky based company is the best known for its world famous whiskeys, Jack Daniel? s and Southern Comfort. It? s wine and spirits segment manufactures, bottles, imports, exports and markets a wide variety of other alcoholic beverages and wines (Bel Arbors and Bolla). But Brown-Forman is also part of a consumer durables segment which sells fine china (Dansk and Lenox), sterling silver jewellery and perso...
Free research essays on topics related to: consumer durables, alcoholic beverage, daniel , interest expense, southern comfort -
Thousand Dollars Executive Officers
3,024 wordsthousand dollars ($ 100, 000) for any one Agreement Year. If the amount due to the Company for the Reinsurers? liability hereunder is in excess of fifty thousand dollars ($ 50, 000), the Reinsurers will, upon receipt of proof of loss, remit the amount due within ten (10) working days. ARTICLE VII? OFFSET The Company or the Reinsurer shall have, and may exercise at any time and from time to time, the right to offset any balance or balances, whether on account of premiums or on account of losses o...
Free research essays on topics related to: panel, thousand dollars, executive officers, strict rules, agreement
Customer center
