{"id":1473,"date":"2017-01-27T04:37:41","date_gmt":"2017-01-26T17:37:41","guid":{"rendered":"http:\/\/casestudyhelp.com\/sample-questions\/?p=1473"},"modified":"2018-01-20T22:45:37","modified_gmt":"2018-01-20T11:45:37","slug":"accounting-assignment-help","status":"publish","type":"post","link":"https:\/\/casestudyhelp.com\/sample-questions\/accounting-assignment-help\/","title":{"rendered":"Accounting Assignment Help"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong>Answer all the questions, each question15 carries<\/strong><\/p>\n<p><strong>Question 1:<\/strong><\/p>\n<ol>\n<li style=\"text-align: justify;\">ABC Trading supplies wholesale industrial chemicals. Last year the company had taxable income of $450,000. Compute Marvels Tax liability.<\/li>\n<\/ol>\n<table style=\"height: 565px;\" width=\"835\">\n<tbody>\n<tr>\n<td colspan=\"2\" width=\"529\"><strong>Corporate Income Tax Rates<br \/>\nSince 1993<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"282\">Taxable Income<\/td>\n<td width=\"247\">Corporate Tax Rate<\/td>\n<\/tr>\n<tr>\n<td width=\"282\">$1 &#8211; $50,000<\/td>\n<td width=\"247\">15%<\/td>\n<\/tr>\n<tr>\n<td width=\"282\">$50,001 &#8211; $75,000<\/td>\n<td width=\"247\">25%<\/td>\n<\/tr>\n<tr>\n<td width=\"282\">$75,001 &#8211; $10 million<\/td>\n<td width=\"247\">34%<\/td>\n<\/tr>\n<tr>\n<td width=\"282\">over $10 million<\/td>\n<td width=\"247\">35%<\/td>\n<\/tr>\n<tr>\n<td width=\"282\">and<\/td>\n<td width=\"247\"><\/td>\n<\/tr>\n<tr>\n<td width=\"282\">$100,000 &#8211; $335,000<\/td>\n<td width=\"247\">5% surtax<\/td>\n<\/tr>\n<tr>\n<td width=\"282\">$15m &#8211; $18.333 m<\/td>\n<td width=\"247\">3% surtax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p align=\"center\"><a href=\"https:\/\/chatserver.comm100.com\/ChatWindow.aspx?planId=135&amp;visitType=1&amp;byHref=1&amp;partnerId=-1&amp;siteid=207633\" target=\"_blank\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/casestudyhelp.com\/questions\/images\/chat-now.png\" alt=\"CLICK CHAT NOW\" width=\"185\" height=\"69\" \/> <\/a><\/p>\n<ol>\n<li style=\"text-align: justify;\">The term &#8220;business organization&#8221; refers to how a business is structured.It refers to a commercial or industrial enterprise and the people who constitute it. Make a note on the forms of organizations<\/li>\n<\/ol>\n<p>(15 marks)<\/p>\n<p><strong>Question 2:<\/strong><\/p>\n<ol>\n<li style=\"text-align: justify;\">ABC is considering an investment in one of two common stocks. Given the information that follows, which investment is better, based on risk (as measured by the standard deviation) and return?<\/li>\n<\/ol>\n<table style=\"height: 387px;\" width=\"832\">\n<tbody>\n<tr>\n<td colspan=\"2\" width=\"50%\"><strong>Common Stock A<\/strong><\/td>\n<td colspan=\"2\" width=\"50%\"><strong>Common Stock B<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"25%\"><strong>Probability<\/strong><\/td>\n<td width=\"25%\"><strong>Return<\/strong><\/td>\n<td width=\"25%\"><strong>Probability<\/strong><\/td>\n<td width=\"25%\"><strong>Return<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"25%\">.60<\/td>\n<td width=\"25%\">11%<\/td>\n<td width=\"25%\">.30<\/td>\n<td width=\"25%\">25%<\/td>\n<\/tr>\n<tr>\n<td width=\"25%\">.40<\/td>\n<td width=\"25%\">15%<\/td>\n<td width=\"25%\">.20<\/td>\n<td width=\"25%\">\u00a0 16%<\/td>\n<\/tr>\n<tr>\n<td width=\"25%\">.30<\/td>\n<td width=\"25%\">19%<\/td>\n<td width=\"25%\">.50<\/td>\n<td width=\"25%\">14%<\/td>\n<\/tr>\n<tr>\n<td width=\"25%\"><\/td>\n<td width=\"25%\"><\/td>\n<td width=\"25%\">.20<\/td>\n<td width=\"25%\">22%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<ol>\n<li style=\"text-align: justify;\">What is the present value of $2000 to be received 8 years from today if our discount rate is 6 percent?<\/li>\n<\/ol>\n<p style=\"text-align: justify;\">\n<ol>\n<li style=\"text-align: justify;\">\u201cIn business, there is probably no other single concept with more power or applications than that of the time value of money\u201d. Clarify the concept briefly.<\/li>\n<\/ol>\n<p>(15 marks)<\/p>\n<p align=\"center\"><a href=\"https:\/\/chatserver.comm100.com\/ChatWindow.aspx?planId=135&amp;visitType=1&amp;byHref=1&amp;partnerId=-1&amp;siteid=207633\" target=\"_blank\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/casestudyhelp.com\/questions\/images\/chat-now.png\" alt=\"CLICK CHAT NOW\" width=\"185\" height=\"69\" \/> <\/a><\/p>\n<p><strong>\u00a0<\/strong><strong>Question 3:\u00a0<\/strong><\/p>\n<ol>\n<li>Given the following cash flows, for the two independent projects A and B.<\/li>\n<\/ol>\n<table style=\"height: 513px;\" width=\"847\">\n<tbody>\n<tr>\n<td><\/td>\n<td><strong>Project A<\/strong><\/td>\n<td><strong>Project B<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Initial outlay<\/td>\n<td>$50,000<\/td>\n<td>$100,000<\/td>\n<\/tr>\n<tr>\n<td>Cash inflows<\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td>Year 1<\/td>\n<td>$10,000<\/td>\n<td>$ 25,000<\/td>\n<\/tr>\n<tr>\n<td>Year 2<\/td>\n<td>15,000<\/td>\n<td>25,000<\/td>\n<\/tr>\n<tr>\n<td>Year 3<\/td>\n<td>20,000<\/td>\n<td>25,000<\/td>\n<\/tr>\n<tr>\n<td>Year 4<\/td>\n<td>25,000<\/td>\n<td>25,000<\/td>\n<\/tr>\n<tr>\n<td>Year 5<\/td>\n<td>30,000<\/td>\n<td>25,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>\u00a0<\/strong><\/p>\n<p>Calculate<\/p>\n<ol>\n<li>Payback Period<\/li>\n<li>Accounting rate of return<\/li>\n<\/ol>\n<ul>\n<li>Net Present Value<\/li>\n<\/ul>\n<ol>\n<li>Profitability index<\/li>\n<\/ol>\n<p style=\"text-align: justify;\">And recommend acceptance or rejection of projects considering individual techniques of capital budgeting. Cost of Capital is 10%.<\/p>\n<p style=\"text-align: justify;\">\u201cThe amount of cash involved in a fixed asset investment may be so large that it could lead to the bankruptcy of a firm if the investment fails. Consequently, capital budgeting is a mandatory activity for larger fixed asset proposals.\u201d Substantiate the statement with enough explanations of the different investment decision criteria.<\/p>\n<p>(15 marks)<strong>\u00a0<\/strong><\/p>\n<p><strong>Question 4:<\/strong><\/p>\n<ol>\n<li style=\"text-align: justify;\">J and S Corporation is evaluating its financing requirements for the coming year. The firm has only been in business for 1 year, but its CFO predicts that the firm&#8217;s operating expenses, current assets, net fixed assets, and current liabilities will remain at their current proportion of sales.Last year J and S Corp. had $15 million in sales with net income of $1.5 million. The firm anticipates that next year&#8217;s sales will reach $18 million with net income rising to $3 million. Given its present high rate of growth, the firm retains all its earnings to help defray the cost of new investments.The firm&#8217;s balance sheet for the year just ended is found below:<\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<table style=\"height: 1035px;\" width=\"838\">\n<tbody>\n<tr>\n<td width=\"18\"><\/td>\n<td width=\"115\"><strong>\u00a0<\/strong><\/td>\n<td width=\"454\"><strong>J and S Corporation<\/strong><\/td>\n<\/tr>\n<tr>\n<td colspan=\"3\">\n<table width=\"100%\">\n<tbody>\n<tr>\n<td colspan=\"3\"><strong>Balance Sheet<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"60%\"><\/td>\n<td width=\"20%\">12\/31\/2000<\/td>\n<td width=\"20%\">% of Sales<\/td>\n<\/tr>\n<tr>\n<td width=\"60%\">Current assets<\/td>\n<td width=\"20%\">$6,000,000<\/td>\n<td width=\"20%\">40%<\/td>\n<\/tr>\n<tr>\n<td width=\"60%\">Net fixed assets<\/td>\n<td width=\"20%\"><span style=\"text-decoration: underline;\">9,000,000<\/span><\/td>\n<td width=\"20%\">60%<\/td>\n<\/tr>\n<tr>\n<td width=\"60%\">\u00a0\u00a0\u00a0Total<\/td>\n<td width=\"20%\">$15,000,000<\/td>\n<td width=\"20%\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"3\"><strong>Liabilities and Owners&#8217; Equity<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"60%\">Accounts payable<\/td>\n<td width=\"20%\">$3,750,000<\/td>\n<td width=\"20%\">25%<\/td>\n<\/tr>\n<tr>\n<td width=\"60%\">Long-term debt<\/td>\n<td width=\"20%\">4,250,000<\/td>\n<td width=\"20%\">NA<sup>a<\/sup><\/td>\n<\/tr>\n<tr>\n<td width=\"60%\">\u00a0\u00a0\u00a0Total liabilities<\/td>\n<td width=\"20%\"><span style=\"text-decoration: underline;\">$8,000,000<\/span><\/td>\n<td width=\"20%\"><\/td>\n<\/tr>\n<tr>\n<td width=\"60%\">Common stock<\/td>\n<td width=\"20%\">2,000,000<\/td>\n<td width=\"20%\">NA<\/td>\n<\/tr>\n<tr>\n<td width=\"60%\">Paid-in capital<\/td>\n<td width=\"20%\">2,800,000<\/td>\n<td width=\"20%\">NA<\/td>\n<\/tr>\n<tr>\n<td width=\"60%\">Retained earnings<\/td>\n<td width=\"20%\"><span style=\"text-decoration: underline;\">2,200,000<\/span><\/td>\n<td width=\"20%\"><\/td>\n<\/tr>\n<tr>\n<td width=\"60%\">Common equity<\/td>\n<td width=\"20%\"><span style=\"text-decoration: underline;\">7,000,000<\/span><\/td>\n<td width=\"20%\"><\/td>\n<\/tr>\n<tr>\n<td width=\"60%\">\u00a0\u00a0\u00a0Total<\/td>\n<td width=\"20%\">$15,000,000<\/td>\n<td width=\"20%\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;\" colspan=\"3\"><span style=\"font-size: 13.3333px;\">A\u00a0<\/span>Not applicable. This figure does not vary directly with sales and is assumed to remain constant for purposes of making next year&#8217;s forecast of financing requirements.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\">Estimate J and S corp. total financing requirements (i.e., total assets) for 2001 and its net funding requirements (DFN).<\/p>\n<ol>\n<li style=\"text-align: justify;\">Give a brief summary of forecasting to determine additional (discretionary) funding (financing) needed.<\/li>\n<\/ol>\n<p>(15 marks)<\/p>\n<p><strong>Question 5:<\/strong><\/p>\n<ol>\n<li>Calculate (EOQ) using following information for Apex Inc.<\/li>\n<\/ol>\n<ul>\n<li>Annual demand 20,000 units<\/li>\n<li>Cost of placing order $ 15<\/li>\n<li>Cost of carrying 1 unit in inventory $6.<\/li>\n<\/ul>\n<ol>\n<li style=\"text-align: justify;\">Calculate average inventory if safety stock is 2,000 units.<\/li>\n<li style=\"text-align: justify;\">\u201cGood inventory management is all about having the right amount of product, at the right price, at the right time, and in the right place.\u201d Clarify the statement. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (15 marks)<\/li>\n<\/ol>\n<p><strong>\u00a0<\/strong><strong>Question 6:<\/strong><\/p>\n<p>Explain the financial Axioms<\/p>\n<ol>\n<li>Risk &#8211; return trade-off<\/li>\n<li>Time value of money<\/li>\n<li>\u00a0Cash is king<\/li>\n<li>Incremental cash flows<\/li>\n<li>The agency problem<\/li>\n<li>Taxes bias business decisions<\/li>\n<li>All risk is not equal<\/li>\n<li>Ethical dilemmas are everywhere in finance<\/li>\n<\/ol>\n<p>(15 marks)<\/p>\n<p>&nbsp;<\/p>\n<p align=\"center\"><a href=\"https:\/\/chatserver.comm100.com\/ChatWindow.aspx?planId=135&amp;visitType=1&amp;byHref=1&amp;partnerId=-1&amp;siteid=207633\" target=\"_blank\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/casestudyhelp.com\/questions\/images\/chat-now.png\" alt=\"CLICK CHAT NOW\" width=\"185\" height=\"69\" \/><\/a><\/p>\n<p align=\"center\">\n<p align=\"center\">\n<h3>Are You Looking for Accounting Assignment Help for MBA Students?<\/h3>\n<p style=\"text-align: justify;\">At <span style=\"color: #ff6600;\"><strong><a style=\"color: #ff6600;\" href=\"https:\/\/casestudyhelp.com\/\">Casestudyhelp.com<\/a><\/strong><\/span>, our motive is to impart knowledge in the field of accounting, help the students to thoroughly understanding the subject and get good grades with our <span style=\"color: #ff6600;\"><strong><a style=\"color: #ff6600;\" href=\"https:\/\/casestudyhelp.com\/accounting-case-study-assignment-help.html\">Accounting Case Study Assignment Help<\/a><\/strong><\/span> for MBA.<\/p>\n<script type=\"text\/javascript\" charset=\"utf-8\" src=\"http:\/\/w.sharethis.com\/widget\/?wp=6.2.9\"><\/script>","protected":false},"excerpt":{"rendered":"<p>&nbsp; Answer all the questions, each question15 carries Question 1: ABC Trading supplies wholesale industrial chemicals. Last year the company had taxable income of $450,000. Compute Marvels Tax liability. Corporate Income Tax Rates Since 1993 Taxable Income Corporate Tax Rate $1 &#8211; $50,000 15% $50,001 &#8211; $75,000 25% $75,001 &#8211; $10 million 34% over $10 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[18],"tags":[6,13,8],"_links":{"self":[{"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/posts\/1473"}],"collection":[{"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/comments?post=1473"}],"version-history":[{"count":4,"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/posts\/1473\/revisions"}],"predecessor-version":[{"id":2190,"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/posts\/1473\/revisions\/2190"}],"wp:attachment":[{"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/media?parent=1473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/categories?post=1473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casestudyhelp.com\/sample-questions\/wp-json\/wp\/v2\/tags?post=1473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}