you receive an assignment that requires to you list the top five footwear and apparel companies in Canada by market share. wich company and industry research database should you search first? business source complete, vivadata, passport, Canadian news stream

you receive an assignment that requires to you list the top five footwear and apparel companies in Canada by market share. wich company and industry research database should you search first? business source complete, vivadata, passport, Canadian news stream

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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The Jewel Box purchases jewellery from around the world and sells to local retailers in Canada. Consider the following perpetual system merchandising transactions of The Jewel Box. Use a separate account for each receivable and payable; for example, record the purchase on August 1 in Accounts Payable-Luu Company. Aug. 1 Purchased necklaces from Luu Company for $3,500 under credit terms of 1/10, n/30, FOB destination. 4 At Luu Company's request, paid $300 for freight charges on the August 1 purchase, reducing the amount owed to Luu. 5 Sold rings to Green Ruby for $3,500 under credit terms of 2/10, n/60, FOB destination. The merchandise had cost $2,220. 8 Purchased bracelets from Jane Co. for $4,700 under credit terms of 1/10, n/45, FOB shipping point. 9 Paid $275 shipping charges related to the August 5 sale to Green Ruby. 10 Green Ruby returned the rings purchased from the August 5 sale that had cost $390 and been sold for $750. The merchandise was restored to inventory. 12 After…
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Directions: Below are the accounts of Llamado Poultry Supply Store for the year ended June 30, 2020. 1. Create SCI using a multi-step approach. Please make the proper indention of accounts as you write them in the SCI. 2. The indention will serve as your guide in computing and will make your document look formal. Sales P 100,000 Sales Returns and Allowances 1,000 1,500 Sales Discount Merchandise Inventory, Beginning 38,000 Purchases 30,000 Purchase Returns and Allowances. 2,000 Purchase Discount 1,000 Freight-in Merchandise Inventory, Ending 700 20,000 Interest Income 7,000 Rent Income 3,000 Sales Salaries 12,000 Depreciation Expense - Store Equipment Utilities Expense-Store 9,000 2,000 Office Salaries 12,000 Office Supplies 1,000 Bad Debts 1,300 Finance Cost 2,100
Task: Enter data as shown below and use the appropriate formulas Save the work as ThinkTech and upload on your enaz portal when done. Equipment Type BRAND Category Stock Sold Cost per unit Stock Balance Total Computer Dell PC 55 25 49000 Phone Infinix Mobile 15 9 16500 Computer Toshiba Laptop 30 20 63000 Phone iPhone Mobile 7 5 28400 Computer HP Laptop 12 7 45000 Computer Compaq PC 25 3 37500 Phone Nokia Mobile 45 14 12000 (a) Add a new row above the header row and title it "Think Technology Solutions". Merge, Center, and bold the title with a Red font color. (2M) (b) Reorganize the data in descending order by the category Column. (1M) (c) Calculate the number the stock balance for each type of equipment. (1M) (d) Insert a new column between stock balance and Total called Discount. Use the IF function to calculate the discount of PC at 21%, Laptops at 15% and mobiles at 5% per unit cost (5M) (e) Calculate the Total amount of money received after selling each equipment (Remember to…
please provide correct and complete answer with compulsory explanation , calculation for each part ,steps clearly answer in text from remember each part and calculation should have explanation and show working for each calculation
Problem Solving: In a Worksheet, Answer the Following: Your grouping as per the Entrepreneurship need to be utilized to clear out all the problems stated here. Only 1 member will submit the Performance Task in Paper, however, any feedback on any member not performing their part, will have to be submitted too. 1 Martin is retailer, engaged in selling sumptuous deserts. Martin sells four products as of the moment, Toasted Pastillas, yema Balls, Red Velvet Crinkles and Sylvanas. Martin wants to prepare a sales budget for the fourth quarter of 2014 in order to properly anticipate his inflows of revenue Sales Forecast in per pack of each product is as follows: October November December Toasted Pastillas 15000 24000 42000 Yema Balls Martin sells the products under the following prices: Toasted Pastillas - P120/pack Yema Balls-P 100/pack 18000 18500 20000 Red Velvet Crinkles 12000 14000 18000 Sylvanas Red Velvet Crinkles - P180/pack Sylvanas-P 200/pack Prepare Martin's Sales Budget for the…
In this assignment you will have the opportunity to demonstrate your ability to Forecast financial information for decision-making needs Use Excel to create and format interactive reports. The Home Depot is a leading specialty retailer of hardware and home improvement products and is the second-largest retail store chain in the United States. It operates large warehouse-style stores. In 2014 and 2015, Home Depot invested in five new stores. The following table provides summary hypothetical data for Home Depot. 2014 2015 Number of stores (total) 2,269 2,274 Sales revenues *$83,176 *$88,519 Inventory *$11,079 *$11,809 Capital Expenditures, net *$1,442 *$1,503 * in millions Instructions Using the information above, create a report in Excel for 2015 and 2016 showing the company’s: Number of stores (Average for the year) Sales revenues Inventory Capital expenditures (net) for the year For simplicity, assume that in 2016, Home…
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purchase products seamlessly in stores, online, or through mobile devices. Most of its opera- Target Corporation operates in a single business segment that is designed to enable guests to tions are in the United States. Walmart is engaged in the operation of retail, wholesale, and other units located throughout the United States, Africa, Argentina, Brazil, Canada, Central America, Chile, China, India, Japan, Mexico, and the United Kingdom. The Company's operations are conducted in three reportable segments: Walmart U.S., Walmart International, and Sam's Club. CASES C11-1 Target Corporation and Walmart Stores, Inc.: Identifying depreciation dif- ferences and performing financial statement analysis (LO 11-8)
Use the Graph in the picture To answer the following Question . (100words) Scenario: You have been recruited as a new graduate trainee to support the Managing Director of Zarraffa’s Coffee. You are required to conduct a comprehensive analysis of the café and coffee shop industry and market dynamics in Australia.
Analyzing the Accounting Information System of HARDA Fashion. HARDA Fashion sells ready-to-wear fashion clothes to teenagers. The company has a 20-store chain concentrated in the north-eastern part of the United States of America. Each store has the experienced full-time staff consist of a manager and an assistant manager. The full-time staff is paid a fixed salary. The full-time staff is assisted with a cashier and a sales assistant who have comparatively less experience. The cashier and sales assistant are paid hourly wages plus the commission based on the volume of sales. HARDA Fashion uses unsophisticated cash registered with four-parts sales invoice to record each financial transaction. These sales invoices for the sales transaction irrespective of the payment type. The record-keeping starts with the sales assistant on the sales floor. The sales assistant fills the sales invoices manually by providing the following information: 1. Records his or her employee number. 2. Enters the…
XYZ Limited is a clothing wholesaler that sells name-brand clothing to department stores and boutique dress shops. The Figure at the end of this question describes the credit sales procedures of XYZ Limited. In particular, the Figure describes different business activities of four departments including (1) Sales Department, (2) Accounting Department, (3) Warehouse/Shipping, and (4) Mailroom. Further, these activities are elaborated below. The sales department received the customer orders by fax and email. You should be aware that these sales orders are usually unstandardised sales orders. The sales clerk, who works on commission, performs the following tasks: approves the credit sales, calculates commission and discounts, and records the sales in the sales journal from the PC in the sales department. After entering these records, the sales clerk then prepares three documents, including (1) a sales order, (2) a customer invoice, and (3) a packing slip. These documents are…