Questions from General Accounting


Q: Daniel Blake and Craig Martineau are founding partners of their company,

Daniel Blake and Craig Martineau are founding partners of their company, EcoScraps, LLC. Assume that Daniel and Craig decide to expand their business with the help of general partners. Required 1. Wh...

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Q: Access Samsung’s website http://www.samsung.com/us

Access Samsung’s website http://www.samsung.com/us/aboutsamsung/corporateprofile/ history06.html and research the company’s history. Also, review its 1938 to 1970 history at http://en. wikipedia.org/w...

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Q: Financial information for Samsung (www.Samsung.com) follows

Financial information for Samsung (www.Samsung.com) follows (drawn from its financial statements and footnotes): Required 1. Compute book value per share for Samsung. 2. Compute earnings per share (...

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Q: Refer to Apple’s financial statements in Appendix A to answer the following

Refer to Apple’s financial statements in Appendix A to answer the following. 1. How many shares of common stock are issued and outstanding at September 28, 2013, and September 29, 2012? How do these n...

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Q: Key comparative figures for Apple and Google follow. /

Key comparative figures for Apple and Google follow. Required 1. Compute the book value per common share for each company using these data. 2. Compute the basic EPS for each company using these data...

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Q: Harriet Moore is an accountant for New World Pharmaceuticals. Her duties

Harriet Moore is an accountant for New World Pharmaceuticals. Her duties include tracking research and development spending in the new product development division. Over the course of the past six mon...

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Q: Access the February 24, 2014, filing of the 2013 calendar

Access the February 24, 2014, filing of the 2013 calendar-year 10-K report of McDonald’s, (ticker MCD) from www.SEC.gov. Required 1. Review McDonald’s balance sheet and identify how many classes of s...

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Q: This activity requires teamwork to reinforce understanding of accounting for treasury stock

This activity requires teamwork to reinforce understanding of accounting for treasury stock. 1. Write a brief team statement (a) generalizing what happens to a corporation’s financial position when it...

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Q: Assume that Alibaba Group decides to launch a new website to market

Assume that Alibaba Group decides to launch a new website to market discount bookkeeping services to consumers. This chain, named Aladin, requires $500,000 of start-up capital. The founder contributes...

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Q: Refer to Apple’s financial statements in Appendix A to answer the following

Refer to Apple’s financial statements in Appendix A to answer the following. 1. Identify the items, if any, that make up Apple’s long-term debt as reported on its balance sheet at September 28, 2013....

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