FINAL PORTFOLIO PROJECT Portfolio Project ------------------------------------------------- Intel Inc. ------------------------------------------------- Refer to the Intel Inc. 2012 financial statements and the accompanying notes to answer the ------------------------------------------------- following questions. The 2012 financial statements of Intel can be accessed at: ------------------------------------------------- http://www.sec.gov/Archives/edgar/data/50863/000119312513065416/d424446d10k
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A. Background Burberry was founded in 1856 when 21 year old Thomas Burberry, a former apprentice to a country draper, opened an outfitters shop in Basingstoke, Hampshire, England. Business thrived and by 1870 Burberry became known as an 'emporium' with an increased focus on the development of outdoor wear for local residents and visiting sportsmen who frequented the store. In 1879, Thomas Burberry invented gabardine - a breathable fabric made using an innovative process whereby the yarn was waterproofed
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Accounting – Assignment 1 Question 1 | | The following are selected 2011 transactions of Darby Corporation. Sept. 1 | | Purchased inventory from Orion Company on account for $53,800. Darby records purchases gross and uses a periodic inventory system. | Oct. 1 | | Issued a $53,800, 12-month, 9% note to Orion in payment of Darby’s account. | 1 | | Borrowed $77,600 from the bank by signing a 12-month, non—interest—bearing $81,900 note | Prepare journal entries for each transaction
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Journalize the transactions (Step 1) Post journal entries and get balance for each account (Step 2) Prepare a Trial Balance (Step 3) Kendall Consulting Inc. Trial Balance October 31, 2012 | Debit | | Credit | Cash | $35,200 | | | Accounts Receivable | 0 | | | Supplies | 500 | | | Prepaid Rent | 3,000 | | | Computer | 4,800 | | | Notes Payable | | | $10,000 | Accounts Payable | | | 4,800 | Unearned Service Revenue | | |
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combination of appropriate spending controls, fee and tax level adjustments, and reserves for future emergencies, the city ended 2011 with total assets of $900M (up 2% over the prior year) and total liabilities of $253M (down 3% over the prior year). The accounting department within the City of Clovis has received annual recognition via a Certificate of Achievement for Excellence in Financial Reporting for the preceding twenty three years. Additionally, for the July 1, 2011 budget document, the city received
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Managerial Acct 505 Project a PROJECT A - Case 9-30 Accounting 505 Student Name: SALES BUDGET: Budgeted unit sales Selling price per unit Total Sales April 65,000 10 650,000 May 100,000 10 1,000,000 June 50,000 10 500,000 SCHEDULE OF EXPECTED CASH COLLECTIONS: February sales March sales April sales May sales June sales Total Cash Collections 70%, 10% 20%,70%,10% 20%,70% 20% 10% April 26,000 280,000 130,000 May June 40,000 455,000 200,000 695,000 65,000 700,000 100,000 865,000 436,000 MERCHANDISE
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1. Provide a brief historical background useful in gaining a perspective on the company and better understanding the company’s past and present relevance. What major events or decisions have shaped the company and partly explain the company’s current position and condition? What is its mission and vision, its strategic objective, source of sustainable competitive advantage? Royal Caribbean Cruise Line was founded in 1969 by Arne Wilhelmsen and Edwin Stephan. Arne and Edwin both thought it would
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Project A | | | | | | | | | | Student Name: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | SALES BUDGET: | | | | | | | | | | | | | January | February | March | April | May | June | Quarter | July | August | Budgeted Unit Sales | | $ 20,000.00 | $ 26,000.00 | $ 40,000.00 | $ 65,000.00 | $ 100,000.00 | $ 50,000.00 | $ 215,000.00 | $ 30,000.00 | $ 28,000.00 |
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Alli Co. is a merchandising business. The account balances for Alli Co. as of November 30, 2012 (unless otherwise indicated), are as follows: 110Cash$ 73,920 112Accounts Receivable 37,875 113Allowance for Doubtful Accounts 3,500 115Merchandise Inventory 133,900 116Prepaid Insurance 3,750 117Store Supplies 2,850 123Store Equipment 100,800 124Accumulated Depreciation-Store Equipment 20,160 210Accounts Payable 21,450 211Salaries Payable
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1 K&J BAKERY INC. A SIMPLIFIED MANAGEMENT ACCOUNTING PROJECT Raymond J Elson, DBA, CPA Associate Professor of Accounting Langdale College of Business Valdosta State University Valdosta, GA 31698 229-219-1214 (office) relson@valdosta.edu Stephen M. Rice, MAcc Langdale College of Business Valdosta State University Valdosta, GA 31698 smrice@valdosta.edu Tracey McGregor Graduate Student Langdale College of Business Valdosta State University Valdosta, GA 31698 smrice@valdosta.edu
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