Wednesday, December 18, 2019

Accounting Solutions - 1074 Words

Individual Assignment Problems MBAO287-ADM-471P-A: Essentials of Accounting I have read and understand the plagiarism policy as outlined in the syllabus and the sections in the Student Bulletin relating to the IWU Honesty/Cheating Policy. By affixing this statement to the title page of my paper, I certify that I have not cheated or plagiarized in the process of completing this assignment. If it is found that cheating and/or plagiarism did take place in the writing of this paper, I understand the possible consequences of the act/s, which could include expulsion from Indiana Wesleyan University. Complete the following exercises in Understanding Financial Statements: Case 1.1, Problem 2.19, and Case 2.1.†¦show more content†¦What other information can be learned about the asset accounts from the notes? Have there been significant changes to the asset structure from 2009 to 2010? They possess cash, investments, receivables, inventory, long-lived assets and goodwill. Approximately a third of the assets are property, plant and equipment (PPE). The PPE is depreciated using straight line method over 2 to 4 years for machinery and equipment and 4 to 40 years for buildings. They get the most out of interest in long-lived assets they build themselves. Per footnote within the chapter, many of the short and long-term investments are valued at their fair values. There is wide data about valuations and whether the revaluations are recurring or nonrecurring. There have not been broad changes in benefit structure. The only immense modification is in short term investments (please see excel spreadsheet). b. Analyze the accounts receivable and allowance accounts. c. Describe the types of liabilities Intel has incurred. Which liabilities are the most significant to the company? Have there been significant changes to the liability and equity structure from 2009 to 2010? The most substantial debt is vendor accruals (AP and accrued items) and long term debt. There has not been a key change from 2009 to 2010 (please see excel spreadsheet). Equity is greater since they distributed some common stock and had earnings (increased RE).Show MoreRelatedIfrs Accounting Solution9004 Words   |  37 PagesSolutions to Problems and Exercises TABLE OF CONTENTS * Chapter 1 1 Concepts for Analysis 1-5 1 Concepts for Analysis 1-6 2 Concepts for Analysis 1-10 3 Concepts for Analysis 1-11 3 * Chapter 2 4 Brief Exercise 2-3 4 Brief Exercise 2-4 4 Brief Exercise 2-5 4 Exercise 2-3 5 * Chapter 3 6 Exercise 3-6 6 Exercise 3-9 6 Exercise 3-11 8 Exercise 3-14 10 Exercise 3-15 10 Exercise 3-16 10 * chapter 4 12 Exercise 4-2 12 Exercise 4-4 13 Exercise 4-5 16 Exercise 4-12 17 Read MoreCase Study : Complete Accounting Solution1912 Words   |  8 PagesIntroduction Complete Accounting Solution, LLC is a web-based complete accounting services business for small to mid-sized companies. 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Clash betweenRead MoreEssay on Financial Accounting Textbook Solution11168 Words   |  45 PagesCHAPTER 1 Financial Accounting and Accounting Standards ASSIGNMENT CLASSIFICATION TABLE | | | | |Topics |Questions |Cases | |1. |Subject matter of accounting. |1 |1 Read MoreCost Accounting Chapter 17 Solutions12891 Words   |  52 Pages Direct materials cost per unit ($750,000 à · 10,000) $ 75.00 Conversion cost per unit ($798,000 à · 10,000) 79.80 Assembly Department cost per unit $154.80 2a. Solution Exhibit 17-16A calculates the equivalent units of direct materials and conversion costs in the Assembly Department of Nihon, Inc. in February 2009. Solution Exhibit 17-16B computes equivalent unit costs. 2b. Direct materials cost per unit $ 75 Conversion cost per unit 84 Assembly Department cost per unit $159Read MoreSolution Chapter 10- Accounting9107 Words   |  37 PagesChapter 10 Plant Assets, Natural Resources, and Intangibles QUESTIONS 1. A plant asset is tangible; it is used in the production or sale of other assets or services; and it has a useful life longer than one accounting period. 2. The cost of a plant asset includes all normal and reasonable expenditures necessary to get the asset in place and ready for its intended use. 3. Land is an asset with an unlimited life and, therefore, is not subject to depreciation. Land improvements haveRead MoreManagerial Accounting 6e - Chapter 1 Solutions5994 Words   |  24 PagesChapter 1 Managerial Accounting: Tools for Decision Making Discussion QUESTIONS Q1-1. Financial accounting is oriented toward external users and is concerned with general-purpose financial statements. These financial accounting statements are highly aggregated, report on relatively long time periods, are oriented toward the past, and must conform to external standards. These standards emphasize the use of objective data. Management accounting is oriented toward internal users and isRead MoreManagerial Accounting Solution-Chapter 3,Hilton10795 Words   |  44 PagesCosting and Cost Accumulation in a Batch Production Environment ANSWERS TO REVIEW QUESTIONS 3-1 (a) Use in financial accounting: In financial accounting, product costs are needed to determine the value of inventory on the balance sheet and to compute the cost-of-goods-sold expense on the income statement. b) Use in managerial accounting: In managerial accounting, product costs are needed for planning, for cost control, and for decision making. c) Use in cost management: In orderRead MoreMicrosoft Accounting Case Solution921 Words   |  4 Pagescustomer loyalty, and perhaps most importantly, human capital. These intangible assets are likely to provide tremendous earnings growth in the future which determines the company’s market value. Notice also that the company’s choice of conservative accounting policies has the effect of depressing the company’s book value of equity. 2. What effect did Microsoft’s software capitalization policy have on its financial statements? Ignore any potential tax effects. a. Assume that 60% of Microsoft’s

Tuesday, December 10, 2019

Poetry and W. H. Auden Essay Example For Students

Poetry and W. H. Auden Essay Put crepe bows round the white necks of the public doves, 8. Let the traffic policemen wear black cotton gloves. 9. He was my North, my South, my East and West, 10. My working week and my Sunday rest, 11. My noon, my midnight, my talk, my song; 12. I thought that love would last for ever: I was wrong. 13. The stars are not wanted now: put out every one; 14. Pack up the moon and dismantle the sun; 15. Pour away the ocean and sweep up the wood; 16. For nothing now can ever come to any good. W. H. Addends poem, Stop all the clocks, cut off the telephone conveys the meaning of overwhelming grief, tragic loss, and an unrelenting pessimism best exemplified in the last lines, For nothing now can ever come to any good. The tone of the poem is that of a melancholy sadness enforced by the internal rhyme scheme (baby) and the melodic iambic pentameter used. The title and first line of the poem demonstrate the not possible, Stop all the clocks. This reference to time could also be an allusion to the death and brevity of life which cause the author such agony. The verbs of the first here lines of the first stanza represent how the author wants to eliminate the distractions; clocks ticking, telephones ringing, dogs barking, pianos playing, of the day in order that everyone may mourn this death. These imperative verbs are all forbidding something and not until the mention of the coffin in line 4 do the verbs begin to be more allowing; Bring out the coffin, let the mourners come. The next stanza continues to develop the idea of public mourning. The author has been so deeply touched by such a personal loss that he feels the entire world should hare in his grief. The subjects of this stanza; the airplane, the sky, the white necks of the public doves, and the traffic policemen, are not typically associated with death. However, by incorporating these things into an W Hisses: An Explication of a Poem Published by [emailprotected] O. D. , 2009 63 elaborate funeral procession, the author emphasizes the need for public mourning. Lines 5 and 6 illustrate the importance of the death to the author, for he wants news of it spread across the sky where everyone on Earth can see it. Also emphasizing the allegations between the two is the capitalization of the phrase He Is Dead from line 6, in which the author tries to deify the deceased. The funeral procession described in lines 7 and 8 serves to further represent both the importance of the deceased and the grief caused by this death. The third stanza, particularly lines 9, 10, and 1 1, again conveys the intimacy of the relationship between the author and the deceased. The author shows reverence for this man by using exaggerated metaphors to imply his importance to the author. Line , He was my North, my South, my East and West, demonstrates the relationship between the two men and combined with the next line, My working week and my Sunday rest, implies this relationship to be of a very intimate nature. This is echoed in line 12, l thought that love would last for ever: I was wrong. This can be interpreted to represent the speakers ignorance toward an inevitable death. The authors love for this man is so all encompassing he describes him as the points of the globe. This love is so strong that the speaker believes it will last forever, not until he death of his companion was the realization made that love, like everything else, will come to an end. The last stanza and in particular line 16 affirms the hopelessness of the poem. The motif of commanding verbs concludes in this stanza where the author serves to convey a purposeless life without the deceased. The readers are instructed to again perform extraordinary tasks in order that the author may mourn. Lines 13 and 14, The stars are not wanted now: Put out every one: Pack up the moon and dismantle the sun; express the despair of the author.

Monday, December 2, 2019

Swifts Real Argument Essays - Gender, Freudian Psychology, Penis

Swift's Real Argument God only knows from whence came Freud's theory of penis envy, but one of his more tame theories, that of "reverse psychology", may have its roots in the satire of the late Jonathan Swift. I do not mean to assert that Swift employed or was at all familiar with that style of persuasion, but his style is certainly comparable. Reverse psychology (as I chose to define it for this paper) means taking arguments that affirm an issue to such a degree that they seem absurd, and thus oppose the issue. Swift, in "An Argument [Against] The Abolishing Of Christianity In England" stands up for Christianity, and based on the absurdity of his defense, he inadvertently desecrates it. He sets up a fictitious society in which Christianity is disregarded and disdained, but nominal Christianity remains. The author writes to defend this nominal Christianity from abolition. The arguments that the author uses, which are common knowledge in his time, if applied to Christianity in Swift's time would be quite d angerous allegations. Indeed, the reasons that Swift gives for the preservation of the fictitious Christianity are exactly what he sees wrong with the Christianity practiced in his time. By applying Swift's satirical argument for the preservation of this fictitious religion to that which was currently practiced, Swift asserts that their Christianity served ulterior motives, both for the government and for the people. If we are to prove that the government was using religion for selfish purposes, we must be sure that it was not serving its intended purpose, the assurance of the moral sanctity of its policies. This is quite evident in the author's comment that if real Christianity was revived, it would be, "destroy at one blow all the wit and half the learning of the kingdom; to break the entire frame and constitution of things[.]" This proves beyond a shadow of a doubt that Christianity has no influence on the government's current policies. It even seems as if the government established Church isn't completely rooted in Christianity, as the author weakly suggests that, "[A]bolishing Christianity may perhaps bring the church into danger." The ways that the government actually uses Christianity are completely selfish. One such purpose is the consolation of allies, "among whom, for we ought to know, it may be the custom of the country to believe a God." He later goes on to suggest the abolition of Christianity in peace-time in order to avoid the loss of allies. It also seems as if the government uses Christianity to pacify the commoners. Although Swift sarcastically interjects, "Not that I [agree] with those who hold religion to have been the intervention of politicians to keep the lower part of the world in awe," he also says that religion is, "[O]f singular use for the common people." In other instances, the government does not use, but certainly benefits from Christianity. In several ways Christianity is a buffer from dissension, in that it takes a blow that might have instead landed on government. Many of the reasons that the author's opposition has given for abolishing Christianity deals with the settlement of unrest that comes from religious disputes. One such example they give is that if Christianity were abolished, there would be no more persecution of "blasphemers". Swift answers that these people are naturally inclined to rebel against establishments. Therefore, if the church, their favorite object of rebellion, was taken away, they would resort to rebelling against the government. This statement suggests that ,"deorum offensa diis curae" (offenses against the gods are the god's business). If applied to the English government, it accuses them of only punishing "blasphemers" in the interest of protecting the government. Another argument that the author cou nters is that upon the fall of Christianity, Protestants and other dissenters would be able to again join in communion with the Catholic church. To this, the author retorts that while this may take away one reason for dissension, "spirit of opposition" would still remain. Thus, when these Protestants found themselves unhappily thrust back into the fold, they would simply find another area in which to dissent, and this time it may be an important area like government. While reaffirming the government's selfish motives, this