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Rupert Co.

Rupert Co. sells fireworks. The company’s marketing director developed the following cost of goods sold budget for April , May and June :  AprilMayJune July Budgeted COGS $40,000 $50,000 $80,000 $86,000   Rupert had a beginning inventory balance of $3,600 on April 1 and a beginning balance in accounts payable of $14,800.  The company wants […]

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MANAGERIAL ACCOUNTING : 30 QUESTIONS : MGT 465 :

QUESTIONS : MGT 465 :   1)Entrepreneurs have more control over more aspects of their working lives than employees. Of which aspect of their working lives do employees have more control?  A)Time  B)Working conditions  C)Financial uncertainty    2)The most successful entrepreneurs say they are motivated by the desire to make A)money and make their vision […]

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BUSINESS LAW : 20 QUESTIONS ( PART 5) :

PART (5) :     1.   David gives Ethel power of attorney. David then has a nervous breakdown and becomes insane. Ethel has the authority to act on David’s behalf       A. if the power of attorney is a durable power of attorney. B. with regard to personal property but not real property. C. […]

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BUSINESS LAW : 20 QUESTIONS ( PART 4) :

PART (4) :     1.   Danielle purchases life insurance on her own life with Big Life Insurance and makes her husband, Walter, the beneficiary. Which of the following statements is true?       A. Danielle is a donee beneficiary. B. Danielle is an intended third-party beneficiary. C. Big Life Insurance is a creditor beneficiary. […]

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BUSINESS LAW : 20 QUESTIONS ( PART 3) :

PART (3) :    1.   Ed contracts with Nathan to kill Nathan’s mother-in-law for $1,000. Which element of consideration is missing from this contract?       A. All the elements of consideration are present B. Legality of consideration C. Consideration wasn’t a bargained-for exchange D. Adequacy of consideration   2.   At his 80th […]

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BUSINESS LAW : 20 QUESTIONS ( PART 2) :

PART (2) :     1.   Company A, Inc., and Company B, Inc., are merging. Which of the following statements regarding this merger is true?       A. Neither company will exist after the merger. B. One of the two companies will exist after the merger. C. A newly created third company will exist after […]

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WACC

Your Company is planning an expansion and needs to develop an estimate of the firm’s cost of capital. You have gathered the following data:• Tax rate is 40%• The price of Your Company’s 12 percent coupon, annual payment, noncallable $1,000 face value bonds with 15 years to maturity is $1,153.72. The company does not use […]

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BUSINESS LAW : 20 QUESTIONS ( PART 1) :

QUESTIONS :   PART (1) :    1.   Doug’s complaint asks for an injunction. Which of the following is true?       A. Doug has suffered great harm. B. Doug seeks an equitable remedy. C. Doug seeks money damages. D. Money would be an adequate remedy.   2.   Phillip and Lori have a […]

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Purple Paint Co.

Sales related and purchase related transactions. I need June 3,6,11, 13,21,30 recorded into an General Ledger for accounting. please fill in description line if needed on ledger for each transaction. Thank you. The following transactions were completed by Purple Paint Co. In June of the current year:June: 3. Purchased merchandise on account from Sun Co, […]

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EXPERIMENT 11: Pendulum and the Calculation of g

expo_11 EXPERIMENT 11: Pendulum and the Calculation of g Read the entire experiment and organize time, materials, and work space before beginning. Remember to review the safety sections and wear goggles when appropriate. Objective: To calculate the acceleration due to gravity by observing the motion of a pendulum. Materials: Student Provides: Support for the pendulum […]

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