LIVING BY NUMBERS Question 1 Determine the economic earnings of MarineCorp Sdn. Bhd., Green Port Sdn. Bhd and Sungai Emas Port Sdn. Bhd. | Economic Earnings | MarineCorp Sdn Bhd | RM 14,274,611 | Green Port Sdn Bhd | RM (14,588,232) | Sungai Emas Port Sdn Bhd | RM 5,030,563 | Green Port will have negative economic earnings and the other two will have positive economic earnings. Positive Earnings = provides higher return than the cost of capital Negative Earnings = the value of the
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Logitech Logitech is an innovative global provider for several technological accessories and peripherals. Logitech become incorporated in the early 1980’s and nearly three decades later it had roughly 40% of the market share in arenas such as Mice, Webcam, and Remotes. In order to fully understand Logitech’s success it is important to understand their strategy for growing but also their strategy for the issues they have faced. And ultimately deciding what will be their competitive advantage in
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Berkshire Toy Company case questions 1) Using the variance analysis framework developed in class, perform a revenue variance analysis for (i) retail & catalog revenues, and (ii) wholesale revenues. For each analysis, report all five variances (total, activity, mix, price, and revenue), and label each one as either favorable (F) or unfavorable (U). (No label is needed if variance is $0.) Budgeted Sale Mix: Retail & Catalog = 238,000/280,000 = 85% ($49.00) Wholesale = 42,000/280,000
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Brain Teaser 4: Cash Basis or Accrual Basis a) Use FARS to identify what standards-setters have said as to the superiority of accrual accounting relative to a cash basis. Do you agree with the justification for accrual accounting? Explain? The FASB has stated that the accrual-basis method is superior to the cash-basis method. For example, the accrual-basis method promotes the caution and equivalent concepts, which are two of the fundamental accounting concepts. Thus, dissimilar to the cash-basis
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reveals that it accomplishes little toward supporting the recommendation. To begin with,the author fails to establish a casual relationship between increasing in revenue and concentration in one location.It is entirely possible that the growth in income is attributed to the effective advertisement,successful management,decline in rent.It is also possible that he company capitalized advanced scientific technology,making the employee more efficient ,cutting costs and thus increasing the income.The
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this I will be talking about revenue. There are three types of revenue: leasing, sales and interest. Revenue means the total income coming to the business. Incomes generate from sales of products or services. Also businesses find various ways to make revenue for example leasing and interest. Revenue is important for every business as it seen as a top item in an income statement. There are three types of revenue: Interest-this comes from when a business puts a certain amount of money into
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should forego a salary and receive dividends from the company. She should also pay dividends to Mark and Gavin to take advantage of income splitting opportunities. | 5 | What tax planning strategies would be of LEAST BENEFIT to Sarah and/or Cognitive Solutions either now or in the future? | Incorrect | The correct answer: investing Sarah's personal funds in income producing stocks through Cognitive Solutions
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collected or cash released. However, cash-basis is keeping accounts that includes as income received in cash and as expenses paid in cash. • Why would politicians prefer the cash basis to the accrual basis? Politicians prefer cash basis because they can tax a higher percentage. Politicians like cash-basis better than accrual basis because it is an easy method to keep track of income and expenses. This system used for income tax purposes and makes businesses declined in value. The accrual-basis is revenue
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largest property and casualty insurance company in the US by revenues, is headquartered. Satsuki was very profitable from the beginning (annual net income of about 100,000 dollars). Upon its success in Bloomington, the owner wanted to open a similar restaurant in Champaign. She thought that in Champaign, like in Bloomington, there was a high-income population that would appreciate authentic Japanese cuisine.( Satsuki’s owner asked a prestigious consulting firm in Chicago to study the feasibility
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Case Study: Cash Basis or Accrual Basis? Selina Sanchez Acc 497 February 11, 2016 Donald Autrey Case Study: Cash Basis or Accrual Basis? Use FARS to identify what standard-setters have said as to the superiority of accrual accounting relative to a cash basis. Do you agree with the justification offered for accrual accounting? Explain. The basic goals have not been completely supported in their statements. Accrual accounting and cash basis both have a reason to
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