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Accounting Essays

Canteen Management System

Many organizations provide Canteen as an additional subsidized facility to their employees as a welfare measure. The usage of the canteen by the employees depends on many factors like centralized food distribution center with swift and simplicity in operations. Exultsoft CMS design provides a user friendly system that facilitates quick …

Estate Tax Case Digests

Acts: On March 10 and 12, 1925, Esperanza Tuazon donated several parcels of land located in Manila to plaintiffs Concepcion Vidal de Roces and her husband, as well as one Elvira Richards. This was recorded in the Registry of Deeds. After subsequently taking possession of the said lands and its …

Department of Accounting and Finance

You may work in your project groups to find relevant source materials and share information, but the actual essay must be your own work. There will be a workshop to discuss this coursework task in Lent term (week 1), but you may wish to start gathering source materials for this …

Financial Statement and Cash Flow Analysis

Used to figure out how much money we are earning for: (a) (b) (c) (d) vendors, employees, etc – Cost of Goods Sold, Operating Expenses lenders, bondholders – Interest, government – Taxes, owners/stockholders – Dividends/Retained Earnings Sales (-) Cost of Goods Sold (-) Operating Expenses (-) Depreciation EBIT (-) Interest …

Lockerheed Tristar Case Study

Professor Gupta, many organizations use financial methods to determine the viability of projects and decisions based in the initial required investment. The financial industry has many standards regarding these methods, with the most commonly used being Internal Rate of Return (IRR) and Net Present Value (NPV). Each method encompasses positives …

Manegerial Accounting

Cash Budget with Supporting Schedules; Changing Assumptions [LO2, L O4, L O8] Refer to the data for Janus Products, Inc., in Problem 8-17. The company’s president is interested in knowing how reducing inventory levels and collecting accounts receivable sooner will impact the cash budget. He revises the cash collection and …

Review of Financial Statements

Homework will not be collected or graded. Suggested solutions will be posted on SMUelearn. NOTE: if you could not do the questions below, please review Introductory Financial Accounting. Question 1 Adjusting Entries and Statement Preparation The attached Excel file contains the preclosing trial balance of SMUST Retailers Ltd. as of …

Sin Tax Intro

I.INTRODUCTION To raise revenue for tight government budgets, legislators sometimes attempt to raise revenue by imposing unusually high excise taxes on cigarettes, liquor, gambling, and so on. This type of charge, often called a “sin tax,” appeals to voters who view it as a way of discouraging consumption of certain …

Management Accounting

1. Accounting for Managerial Decision Making Management Accounting, 6th Edition, Anthony A. Atkinson, Robert S. Kaplan, S. Mark Young, Pearson/Prentice Hall, 2006. ISBN-13: 9780137024971 (amazon – $ 40 used) Financial Management for Decision Makers (2nd Canadian Edition), Peter Atrill, Paul Hurley, Pearson/Prentice Hall, ISBN: 978024802260-4 Chapter 2 and 4 only …

The Comparison of Financial Reports in Banking Industry

Financial Statements are a significant part of business finance which shows the historical of the company and expected future forecast of the company. Normally, there are three financial statements should be used balance sheet, statement of income statement, and statement of cash flow. First, the balance sheet help to understand …

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