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For an existing business, obtain detailed financial operating statements for a minimum of three years-and preferably, five years. For a new business, project detailed financial operating data necessary to prepare a 12 month Proforma P&L Statement. For either type of project plan, this information should include all key elements such as revenue; cost of operation by department or operating unit; marketing costs; administrative and general expenses; repairs and maintenance costs; energy costs; and anything else specific and critical to calculating accurate financial projections.
Be sure to calculate expenses levied against the operation as a whole, including major deductions from operating income like General and Administrative; Marketing; Energy; and overall Repairs and Maintenance costs. Within each of these operating categories, costs are included that are assessed against the business as a whole and not allocated downward to departmental operations.
Finally, determine the net operating profit or loss for the business. Provide detailed assumptions to support each line item in your Proforma P&L Statement.
The company is financed entirely with debt and common equity. Find the company's debt ratio
Describe how managerial accounting is different from cost accounting and describe the lean production philosophy.
Prepare adjusting entries using the following information in the General Journal and Post the adjusting entries to the General Ledger T-accounts and compute adjusted balances.
BBC incurred $200,000 in accounting fees and $50,000 in banking fees related to this transaction. Illustrate what amounts should BBC record for the bonds upon issuance using US GAAP and IFRS?
Make the appropriate entries in the general journals of the Capital Projects Fund
Manufacturing overhead: Overhead is applied at a rate of $6 per direct labor hour. Calculate Dobbs's total standard cost per unit. (Round computations and final answer to 2 decimal places
what is total cash outflow through maturity total borrowing cost over life if bond interest expense for the year amortization for the year unamortized premies as of december bond carrying value as of december
"Stan, who can barely pay his bills as it is", shouldn't have lost all that money. He is going to have to sell his car, I guess?? What should Art Heyman do in this situation? Discuss the auditor's options.
Need some assistance with a group international business assignment QUESTION- Any references you would make for creating greater international business achievement between Russia and the United States?
Evaluate the engineering project when the MARR is 15% per year. Is the project acceptable? Project A Investment cost $10,000. Expected life 5 years. Market Value -$1,000. Annual receipts $8000. Annual expenses $4000.
What is net present value of this investment opportunity? Based on your answer to (a) above, should Axillar go ahead with the new conditioning shampoo?
Isn't there a conflict in looking for fraud on the part of the folks who pay you? If there is a conflict, explain how could we resolve it (be imaginative)? If there is not a conflict, why not?
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