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Project Managment

Tuesday, 22 October 2013 by

Monthly Status Report to Sponsors Assume you are the project manager for a software company and your team is in charge of delivering an update to tax preparation software for the next tax season. The project team has ten software developers working together, but located across the country. You have the following information about the

Shambu Shoes is in the business of manufacturing basketball shoes. Accordingly the company uses the six activity cost pools listed below: Activity Cost Pool Activity Measure Maintenance Machine Hours Setups Setup Hours Cutting Supervision Setup Hours Cutting Depreciation Machine Hours Assembly supervision Direct Labor hours Assembly Depreciation Machine Hours The company has already carried out

Identify two reasons why accounting is important for business. Justify your selections. -Evaluate the importance of ethics in accounting. Defend your evaluation. -Analyze the importance of having a good understanding of accounting. What implications does a lack of understanding have for business? -Determine the best way to explain accounting to a non-accountant.

What types of information do common size financial statements reveal about an organization? What is the best use for these common size statements? What purpose do common base year statements have? When would you use them?

The Speedy Car Repair Shop

Friday, 27 September 2013 by

The Speedy Car Repair Shop recently incurred the following costs on a clutch repair job: Parts $245.00 Labor 6 hours @ $17.50 & 0.5 hours at $6.00 A. What is the total cost of this job? B. What characteristics of this firm’s products suggest that job-order costing is appropriate?

Prepare a Cash Receipts Budget

Friday, 27 September 2013 by

1. Prepare a Cash Receipts Budget for the quarter ending June 30th, by month and quarter. You do not need a formal sales budget since the sales budget is above in the data. 2. Prepare a merchandise purchase budget by month and quarter. A merchandiser purchases in dollars. I have set up a formatted budget

Fast Ed’s auto showroom

Thursday, 26 September 2013 by

Fast Ed’s auto showroom sells cars. Fast Ed’s bank requires the company to submit quarterly financial statements in order to keep its line of credit. Note Receivable and Accounts Receivable are 50 percent of current assets. Therefore, Bad-Debt Expense and Allowance for Doubtful Accounts are important accounts. Fast Ed’s president, Ed Edwards, likes net income

Critically discuss how managerial

Thursday, 26 September 2013 by

Critically discuss how managerial compensation can help align the interests of shareholders and manager, and hence be effective in mitigating the costly consequences of the separation of ownership and control.

A client asks his stockbroker

Thursday, 26 September 2013 by

A client asks his stockbroker to invest $100,000 for maximum annual income, subject to the three conditions: 1. Spread the investment over no more than three different stocks. 2. Put no more than 40 percent of the money into any one stock 3. Put a minimum of $10,000 into an oil stock. The broker has

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