Accounting Archives - Essay Lane

Summarize the information from the 3 years’ financial statements, the ratio calculations, and industry comparisons provided in the case to present possible solutions to the company’s profitability problems. Be sure to conclude with projecting the future success of the company based on your findings.

Posted on June 25, 2022 by David

Evaluate and examine data from a company’s financial statements to make relevant business decisions. Use the information provided in the Study Problem 6.5 in Appendix 5A of the textbook, Understanding Financial Statements, to write a 250-500-word memo to your manager, the chief operating officer of Luna Lighting. Summarize the information from the 3 years’ financial statements, the ratio calculations, and […]

Evaluate and examine data from a company’s financial statements to make relevant business decisions.

Posted on June 23, 2022 by David

Evaluate and examine data from a company’s financial statements to make relevant business decisions. Use the information provided in the Study Problem 6.5 in Appendix 5A of the textbook, Understanding Financial Statements, to write a 250-500-word memo to your manager, the chief operating officer of Luna Lighting. Summarize the information from the 3 years’ financial statements, the ratio calculations, and […]

Explain why quantity demanded does change a lot in response to an increase or decrease in price. Which of these two goods is most likely to be taxed.

Posted on June 23, 2022 by David

Elastic vs Inelastic Demand Write a discussion post that identifies real world goods or services that have elastic/inelastic demand. *Name a specific good or service that has inelastic demand (it has a steep demand curve). *Explain why quantity demanded does not change in response to an increase or decrease in price. *Then name a specific […]

Is there a cash inflow from operations? Review of Income Taxes. Discuss any deferred tax asset/liability and income tax expense, Conclusion: Is the company profitable? What determines profitability?

Posted on June 22, 2022 by David

Comprehensive Project Locate Tapestry Inc (TPR) locate its latest annual report (Foreign Company – Form 20-F; US Company – Form 10-K) on www.Sec.gov. Complete the following for the paper: (1) Description of Company: Primary type of business, Domestic/Foreign, History of company, Fiscal year end Stock exchange and symbol for trading. Name of the chairman and […]

What are the tax consequences to the distributee-partner(s) and the donee of an inter- vivos gift of previously distributed inventory?

Posted on June 22, 2022 by David

ACCOUNTING 367 FACTSThe taxpayer is multi-member entity, with each member holding a 50% membershipinterest. The taxpayer is primarily engaged in the purchase and sale of fine artistic pieces. TheLLC intends to make a non-liquidating distribution of three (3) paintings, which are all held asinventory. Following the distribution, the distributee-member(s) intend to give an inter-vivos giftof […]

What is the future of the workplace in 2040 and what are the challenges that professionals must address? What are possible scenarios and solutions?

Posted on June 22, 2022 by David

The future of the workplace from the perspective of Managerial Accounting What is the future of the workplace in 2040 and what are the challenges that professionals must address? What are possible scenarios and solutions?

How do computerized budgeting systems aid firms in the budgeting process?Briefly discuss

Posted on June 21, 2022 by David

How do computerized budgeting systems aid firms in the budgeting process?Briefly discuss

Write a discussion post that identifies real world goods or services that have elastic/inelastic demand.Explain why quantity demanded does not change in response to an increase or decrease in price.

Posted on June 21, 2022 by David

Elastic vs Inelastic Demand Write a discussion post that identifies real world goods or services that have elastic/inelastic demand. *Name a specific good or service that has inelastic demand (it has a steep demand curve). *Explain why quantity demanded does not change in response to an increase or decrease in price. *Then name a specific […]

Write a post describing a good or service that either a compliment or a substitute.Explain what will happen to the equilibrium price and quantity of the good you choose if the price of the compliment or substitute good increases.

Posted on June 21, 2022 by David

Write a post describing a good or service that either a compliment or a substitute *Be specific in describing what different goods or services serve as a possible substitutes or compliments for the good or service you choose. *Give at least one specific example of a good or service that is either a substitute or […]

Discuss Whether a non-liquidating distribution of inventory by an LLC to its member(s), would result in the recognition of gain or loss?

Posted on June 21, 2022 by David

ACCOUNTING 367 FACTSThe taxpayer is multi-member entity, with each member holding a 50% membershipinterest. The taxpayer is primarily engaged in the purchase and sale of fine artistic pieces. TheLLC intends to make a non-liquidating distribution of three (3) paintings, which are all held asinventory. Following the distribution, the distributee-member(s) intend to give an inter-vivos giftof […]