LG1 /4116%,,西E1-2A. Indicate whether each of the following companies is primarily a service, merchandise, ormanufacturing business. If you are unfamiliar with a company, research It onllne.1. Century 212. eBay Inc.3. WestJet Airlines5. Hudson's Bay Company6. Purolator7. Days Inn8. The Dow Chemical Company9. Ford Motor Company10. Roots CanadaLL-JA. Many accounting pcofesslonals workb. Managerial accountinec. Taxation accountingd. Other accounting related activitiesFor each of the following responsibilities, identify the ares of accourting that mort likely involvesthat respondbtlityrre to searchTOSHIBA

identify if the companies are a service or manufacturing or a merchandise business

Answered: LG 1 /4 116% ,,西 E1-2A. Indicate…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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moodle1.du.edu.om/m Moodle English (en) - The following table shows some selected financial information of TRC Company. According to the given information, which of the following shows the Operating Profit Margin correctly? Gross Sales 98,000 Sales returns and discounts 3,000 Total Assets 125,000 Shareholders' Equity 85,000 Current Assets 46,000 COGS 52,000 Operating Expenses 17,000 Select one: O a. 0.33 O b. 0.27 to search DELL F4 F5 F6 F7 F8 F10 %23 % % 3 r 7 8 A E T Y
MERCHANDISING TRANSACTIONS
The following table shows some selected financial information of Quartz Company. According the given information, which of the following shows the Gross Profit Margin correctly? Sales 75000 Purchases 28000 Sales Returns 2000 Closing Inventory 4000 Opening Inventory 7000 Select one: O a. 0.57 O b. 0.53 O c. 0.04 O d. 0.42
If a retail store has a current ratio of 3.7 and working capital of $205, 200. What are the total of the current assets? Select one: a. $55, 500. b. $205, 200. c. $759, 240. d. $281, 200.
The comparative statements of Osborne Company are presented here: [{HtmlTableOSBORNE COMPANYIncome StatementsFor the Years Ended December 312014 2013Net sales $1,895,999 $1,755,959Cost of goods sold 1,063,999 1,011,459Gross profit 832,000 744,500Selling and administrative expenses 505,459 484,459Income from operations 326,541 260,041Other expenses and losses Interest expense 23,583 21,583Income before income taxes 302,958 238,458Income tax expense 93,583 74,583Net income $209,375 $163,875\\OSBORNE COMPANYBalance SheetsDecember 31Assets 2014 2013Current assets Cash $60,100 $64,200Debt investments (short-term) 74,000 50,000Accounts receivable 123,259 108,259Inventory 127,583 117,083Total current assets 384,942 339,542Plant assets (net) 663,905 535,205Total assets $1,048,847 $874,747Liabilities and Stockholders' Equity Current liabilities Accounts payable $165,459 $150,859Income taxes payable 45,083 43,583Total current liabilities 210,542 194,442Bonds payable 234,905 214,905Total…
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Segment Analysis for a Service Company Charles Schwab Corporation is one of the more innovative brokerage and financial service companies in the United States. The company recently provided information about its major business segments as follows (in millions): Investor Advisor Services Services Revenues $7,321 $2,811 Income from operations 3,176 1,386 Depreciation 186 120 a. The ____ segment serves the retail customer, you and me. These include brokerage, Internet, and mutual fund services. The ____ segment includes the same services provided for financial institutions, such as banks, mutual fund managers, insurance companies, and pension plan administrators. b. Indicate whether the following costs are a “Variable Cost” or a “Fixed Cost” in the “Investor Services“. 1. Commissions to brokers _____2. Fees paid to exchanges for executing trades_____ 3. Depreciation on brokerage offices _______4. Transaction fees incurred by Schwab mutual funds to…
Redemption of Bonds Payable On December 31, a $1,950,000 bond issue on which there is an unamortized discount of $70,500 is redeemed for $1,908,400. Required: Journalize the redemption of the bonds. Refer to the chart of accounts for the exact wording of the account titles. JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY 1 2 3 4
9- QWERTY Co. is a manufacturing company and its selected financial statements items are given as following. Net Sales equals to 32000 for the year 2020 and 28000 dollars for the year 2019. COGS equals to 24000 and 21000 respectively for the year 2020 and 2019. Operating income equals to 4300 and 3800 respectively for the year 2020 and 2019. Interest expense equals to 2000 and 1800 respectively for the year 2020 and 2019. Interest income equals to 500 and 400 respectively for the year 2020 and 2019. Tax expense equals to 1000 and 800 respectively for the year 2020 and 2019. Net income equals to 1800 and 1600 respectively for the year 2020 and 2019. What is operating income margin of of QWERTY Co. for the year 2020? a) 9% o13 b) 11% 13% 15%
1.Century 21 2. eBay Inc. 3. WestJet Airlines 4. Walmart 5. Hudson's Bay Company 6. Purolator 7. Days Inn 8. The Dow Chemical Company 9. Ford Motor Company 10.Roots Canada Can you please tell me what type of business are these of service, merchandise or manfacture?
Answer the questions based on P/E ratios per company given. Industry: Apparel Industry average P/E: AMC Entertainment Holdings, Inc. (NYSE:AMC) P/E: -4.1 Big Screen Entertainment Group, Inc. (OTCPK:BSEG) P/E: 19.92 Valiant Eagle Inc. (OTCPK:PSRU) OTCPK:PSRU P/E: 0.02 Cinemark Holdings, Inc. (NYSE:CNK) P/E: 21.41 Electronic Arts Inc. (NasdaqGS:EA) P/E: 57.12 The Movie Studio, Inc. (OTCPK:MVES) P/E: N/A at a loss The Walt Disney Company (NYSE:DIS) P/E: 88.15 Live Nation Entertainment, Inc. (NYSE:LYV) P/E: -14.42 Lions Gate Entertainment Corp. (NYSE:LGF.A) P/E: 37.34 Madison Square Garden Entertainment Corp. (NYSE:MSGE) P/E: -4.928 Which firms are investors most excited about, and which firms are investors least excited about? Are there any significant outliers present? Note the highest and lowest P/E ratios. Do these numbers surprise you? Do the P/E ratios make sense; do you see any that seem out of line

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