Questions from General Accounting

Q: Refer to Apple’s financial statements in Appendix A. Compute its profit

Refer to Apple’s financial statements in Appendix A. Compute its profit margin for the years ended September 28, 2013, and September 29, 2012. Apple’s Financial St...

Q: Refer to Google’s financial statements in Appendix A to compute its equity

Refer to Google’s financial statements in Appendix A to compute its equity ratio as of December 31, 2013, and December 31, 2012. Google’s Financial Statements from...

Q: Refer to Samsung’s financial statements in Appendix A. Compute its debt

Refer to Samsung’s financial statements in Appendix A. Compute its debt ratio as of December 31, 2013, and December 31, 2012. Samsung’s Financial Statements from A...

Q: Use Samsung’s financial statements in Appendix A to compute its return on

Use Samsung’s financial statements in Appendix A to compute its return on total assets for fiscal year ended December 31, 2013. Samsung’s Financial Statements from...

Q: Companies such as Samsung apply process operations. List the four steps

Companies such as Samsung apply process operations. List the four steps in accounting for production activity in a reporting period (for process operations).

Q: Are there situations where Google can use process costing? Identify at

Are there situations where Google can use process costing? Identify at least one and explain it.

Q: Assume Sprint will install and service a server to link all of

Assume Sprint will install and service a server to link all of a customer’s employees’ smartphones to a centralized company server, for an up-front flat price. How can Sprint use a job order costing s...

Q: Samsung produces digital televisions with a multiple process production line. Identify

Samsung produces digital televisions with a multiple process production line. Identify and list some of its production processing steps and departments.

Q: Apple has both fixed and variable costs. Why are fixed costs

Apple has both fixed and variable costs. Why are fixed costs depicted as a horizontal line on a CVP chart?

Q: ______ of ______ reflects expected sales in excess of the level of

______ of ______ reflects expected sales in excess of the level of break-even sales.