Accounting discussion question that requires an explanation inorder to be used as a study guide by responding to the following questions; Arbitrage is limited because the wealth of arbitrageurs is limited. Discuss this statement in the context of those who are managing their own money and those who are managing other people’s money.
Question 2 (answer all parts of the question) Tiger Ltd. manufactures three different products and the table below shows the forecasts for the coming financial year: Product A Product B Product C Volume of production (units) 20,000 10,000 30,000 Direct labour (hours) 2,000 1,000 3,000 Direct materials (Kgs) 250,000 150,000 400,000 Direct labour and material costs £40,000 £40,000 £45,000 Machine hours 15,000 5,000 10,000 Production runs 65 190 135
You are a forensic accountant who has been engaged by your client, Magical Technology, Inc., to report on certain aspects of the disastrous acquisition of the UK based software company Autonomy by Hewlett-Packard. Your client wants to understand what went wrong and who was responsible for this terrible financial mess so they would like to know what “red flags” should have been identified.
To be successful, an organization needs to align and motivate its staff to achieve the organization’s goals and objectives. Then, the organization needs to communicate those goals, motivate employees, and reward their achievement of those goals. Describe the organization for which you work or a previous employer. Was it a centralized or decentralized organization? Do you prefer one over the other? If so, why?
To answer these two questions, you need to cite the source. What is a Just-in-Time management system? What are the benefits of this type of management system? What is a company that currently uses this type of management system (not mentioned in the textbook chapter). Please include a link to the website of your chosen company. Reply to peers.
The problem requires students to evaluate the profitability of an event. The evaluation involves the classification of costs by function and as direct or indirect costs of the event. Analysis should also include the classification of costs as relevant or not relevant to the decision.
GASB has issued standards regarding basic financial reporting in Statement No. 34. To explore this idea, go to the Governmental Accounting Standards Board (Links to an external site.) website, key in Statement 34 in the search field, and hit enter. Then review the information summary, and summarize this information in your own words. While no specific number of words is required, ensure you adequately cover the material for the class.
Many business activities generate data that can be thought of as random. An example described in the textbook is the servicing of cars at an oil change shop. Each car entering the shop can be considered an experiment with random outcomes. A variable of interest in this experiment could be the amount of time necessary to service the car. Service time will vary randomly with each car.
Prepare a horizontal analysis of the income statement data for Oriole Corporation, using 2021 as a base. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.1%.)
Write about two topics; Advantages of Debt Financing: (700 words), Disadvantages of Debt Financing: ( 580 words).Conclusion: (120 words).