1) Which of the following statements does NOT apply to financial accounting? a) is subject to GAAP b) Is primarily meant to provide information to stockholders and creditors. c) Is subject to regulation by external bodies d) Emphasizes data that is verifiable e) Provides data on the market value of a company's assets. 2) Please see the image attached and show the work so I can understand how you did. Hilton Corporation had Sales Revenue of $1,105 for the month. Marketing Expenses for the month were $60 and Administrative Expenses were $50. Inventory Classification Direct Material Work in Process Finished Goods a) $590 b) $830 3) Direct materials used for the month are? c) $640 d) $240 e) $285 During the month, Hilton purchased $250 of Raw Material and spent $400 on Direct Labor. Other manufacturing costs such supervisory salaries and utilities were $90 and Plant and Equipment Depreciation was $100. Show Transcribed Text 1st Day of Month $60 120 150 Inventory Classification Raw Material Work in Process Finished Goods a) $240 b) $285 c) $400 d) $640 e) $830 Hilton Corporation had Sales Revenue of $1,105 for the month. Marketing Expenses for the month were $60 and Administrative Expenses were $50. 3 End of Month $70 115 165 1st Day of Month $60 120 150 Direct Labor Used for the month was? End of Month $70 115 165 During the month, Hilton purchased $250 of Raw Material and spent $400 on Direct Labor. Other manufacturing costs such supervisory salaries and utilities were $90 and Plant and Equipment Depreciation was $100.

I have attached the screenshot of the question. Apply Financial Statement Linkages to Understand TransactionsConsider the effects of the independent transactions, a through g, on a company’s balance sheet, income statement, and statement of cash flow. Complete the table below to explain the effects and financial statement linkages. Use “+” to indicate the account increases and “−” to indicate the account decreases. Refer to Exhibit 2-10 as a guide for the linkages   a b c d e f g Balance Sheet               Cash                Noncash assets      355030         Total liabilities   241272           Contributed capital  35867             Retained earnings                Other equity                               Statement of Cash Flows               Operating cash flow                Investing cash flow                Financing cash flow                                Income Statement               Revenues…

(Usefulness, Objective of Financial Reporting) Indicate whether the following statements about the conceptual framework are true or false. If false, provide a brief explanation supporting your position.(a) Accounting rule-making that relies on a body of concepts will result in useful and consistent pronouncements.(b) General-purpose financial reports are most useful to company insiders in making strategic business decisions.(c) Accounting standards based on individual conceptual frameworks generally will result in consistent and comparable accounting reports.(d) Capital providers are the only users who benefit from general-purpose financial reporting.(e) Accounting reports should be developed so that users without knowledge of economics and business can become informed about the financial results of a company.(f) The objective of financial reporting is the foundation from which the other aspects of the framework logically result.

Locate the financial statements for a publicly traded company that provides segmented financial information. Prepare an overview of what is revealed about the company through its segmented data. Discuss the benefits of reporting financial information this way. Provide a link to the financial statements with your initial post and include the company name in the subject line. Do not choose a company that one of your peers has already posted on. Participate in follow-up discussion by critiquing the posts provided by your peers or defending their challenges to your post. (Hint: Utilize Appendix 5A in the textbook to help you learn about segment reporting and how to analyze the information).