Assume you wrote up a proposal requesting $5000 for charity. The money would be used to buy food that volunteers (employees from the company) would distribute to the homeless on Saturday. The proposal is approved and you receive the money. However, the CEO comes to you and asks, "What will be the return on the investment?" How would you reply?

Alyssa who is currently operating a machine shop is considering Dindin, an excellent employee, to be her partner. Unfortunately, Dindin could not afford to invest cash of P 500,000 which Alyssa needs to expand her business. As consultant, you asked Alyssa to answer some questions before giving an advice on whether Dindin should be taken in as partner. What is your present annual net income? Can you avail of a loan of P 500,000? P 450,000 Yes Land Bank @ 17% P 450,000 What bank and what is the interest rate? With the new equipment, how much additional income will it generate? In how many year are you going to pay the loan? How much are you willing to pay Dindin as salary or profit? 5 years P 160,000 You drafted the following informatic and filed it up: Net income with the new equipment Less (Minus) interest charge on loan liability Net income after the interest charge Less (Minus) share of Dindin in the profits Share of Alyssa in the net income Net income the business is currently…

Assume that you have finished your MBA program and have applied for a position in the Financial Accounting Department of a large multinational company. The company is struggling with its accounting reporting matters and several accounting reports are under regulatory scrutiny. In the interview board, the recruitment committee members have asked you the following questions. What have you learnt in the BUS 505 course relating to financial accounting? How you can contribute the Financial Accounting Department of this company if you are recruited?

Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

Your friend has recently started up a new business to produce and sell swimming suits but is worried about the seasonality of cash flows the business will face. This is because the demand for swimming suits will most likely be higher in summer than in other seasons, particularly winter. He asks you for help on how he should manage this risk. What would your advice be?

You have a successful shop and feel that the demand for your shop has outpaced your capacity.  You have decided to pitch your idea to a venture capitalist (VC).  You brought in your income statement as you highlight that last year your gross profit was $500,000.  the VC tells you that number is pointless.  He asks you for your net profit.  What information was the VC looking for?  Why?

You should use a financial calculator and Excel to solve the problems. Discuss the differences between efficiency and effectiveness. Why is it important for small business owners to understand the difference between profit and profitability? What financial ratio is used to determine profitability? Sam quit a $30,000-a-year job with a local heating and air conditioning firm to go into business for himself. After his first year in business, his accountant showed him an income statement that indicated Sam’s firm had a profit of $40,000. During this year Sam had drawn a salary of $20,000. What was Sam’s accounting profit, his entrepreneurial profit, and his opportunity cost? Explain the difference between accounting and entrepreneurial profit. Discuss the differences between operating and financial leverage. You are going to open a business making custom cabinets. You can sell each cabinet for $80. It takes a cabinet-maker approximately 45 minutes to make one cabinet. Each…

Watch the following video that highlights working in public versus private accounting, and describe at least one pro and con of each. Also, include your selection of a potential career and why you chose it.   Public vs. Private Accounting Career Progression!

You are a financial advisor working with a client named John. John is a 35-year-old professional earning a gross monthly income of $7,000. He has recently received a significant raise and is determined to make the most of his newfound financial stability. However, John has a complex financial situation, with various financial goals, expenses, and debt obligations. He seeks your advice on how to optimize his financial situation, achieve his goals, and make wise investment decisions. John's Financial Goals and Information: Retirement: John aims to retire at the age of 60 and wants to maintain a comfortable retirement income of $60,000 per year (adjusted for inflation). Emergency Fund: John wants to establish an emergency fund that covers at least six months of his living expenses. Debt Management: John has outstanding student loans totaling $50,000 with an interest rate of 6% and a remaining term of 10 years. Homeownership: John plans to buy a house within the next five years. He…

Your friends were excited to hear you have chosen accounting for a career. They have several practical questions regarding money and interest (time value of money). Please assist your friends by answering their respective questions.   For each question: Estimate without using a table, calculator, etc.   Document the “step-by-step” detail showing them how you solved the question.   NOTE: To solve use one of the following: EXCEL   Include all the detail steps for whichever tool you choose. For example, if using EXCEL show all formulas (copy so reader could duplicate your work). If using a business calculator, in detail in proper order show numbers and buttons you input to obtain your answer.   Provide a one to three sentence written explanation to your friend explaining the basic time value of money concept(s) impacting the solution.       Problems start with “Friend #1” at the top of page 2.