1. Body Builders Corporation is opening a chain of five health clubs in the Minneapolis area. Body Builders’s marketing manager has suggested a marketing plan designed to generate new memberships. The plan would allow new members to delay payment for the first three months’ membership and pay at the end of the first quarter. Thus, […]
ACC400 Wk 5 Discussion – Budgeting
Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students. Due Thursday: Aug 05, 2021 Respond to the following in a minimum of 175 words: Criticize the following quotation: “At our company, budgeted revenue is set so high and budgeted expenses so low that no […]
ACC400 Wk 4 Discussion – P/E Ratio
Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students. Due Thursday: Jul 29, 2021 Respond to the following in a minimum of 175 words: Under what circumstances might a company have a high p/e ratio even when investors are not optimistic about the company’s […]
ACC400 Wk 4 Apply – Apply Assignment – Ch. 14 and 21
1. Star, Inc., had depreciation expenses on its plant assets as follows for 2016, 2017, and 2018, respectively: $267,000, $289,000, and $368,000. Compute the trend percentages for these years, assuming 2016 is the base year. (Round your answers to the nearest whole percent. i.e. 1.234 as 123%.) 2. Harrisonburg Company had current and total assets […]
ACC400 Wk 2 Discussion – Disposition of Credit Balances
Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students. Due Thursday: July 15. 2021 Respond to the following in a minimum of 175 words: A company applies manufacturing overhead on the basis of machine-hours, using a predetermined overhead rate. At the end of the […]
ACC400 Wk 2 Apply – Apply Assignment – Ch. 17 and 18
1. Dawn Manufacturing applies manufacturing overhead at a rate of $40 per direct labor hour. a. When during the year was this rate computed? multiple choice Beginning of the accounting period. Middle of the accounting period. End of the accounting period. b. Describe briefly how this rate was computed. Listed are the eight activity […]
ACC400 Wk 1 Discussion – Decision-Making Authority
Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students. Respond to the following in a minimum of 175 words: An important focus of management accounting is decision-making authority. Everyone within an organization has some decision-making authority. How do employees and managers know what […]