Question: You want to form a price–weighted technology sto…

You want to form a price–weighted technology stock index using Apple, Google, and Yahoo. Apple’s adjusted closing price for 2016 is $115.82 and for 2015 is $105.26; Google’s adjusted closing price for 2016 is $771.82 and for 2015 is $758.88; Yahoo’s adjusted closing price for 2016 is $38.67 and for 2015 is $33.26. What is the annual return for your price–weighted technology stock index for 2016?

Question: The American Institute of Certified Public Account…

The American Institute of Certified Public Accountants (AICPA) and the Institute of Internal Auditors (IIA) have positioned the auditing professions to become “assurance professions.” What is the difference between assurance services, attestation services, and auditing services? What are the economic issues that drive the increased demand for assurance services? What is one assurance engagement and one attestation engagement other than an audit of financial statements? What are the differences between the two?

Question: Describe, in detail, the controls over personnel a…

Describe, in detail, the controls over personnel and payroll, fixed assets, or long-term debt. Only post on one of the three topics given. Your initial post should be approximately 250-500 words and cite at least one reference used in preparing your response.

Question: Access the Yahoo! (ticker: YHOO) 10-K report for t…

Access the Yahoo! (ticker: YHOO) 10-K report for the year ended December 31, 2011, filed on February 29, 2012, at www.SEC.gov.

What amount of goodwill is reported on Yahoo!’s balance sheet? What percentage of total assets does its goodwill represent? Is goodwill a major asset for Yahoo!? Explain.

Locate Note 5 to its financial statements. Identify the change in goodwill from December 31, 2010, to December 31, 2011. Comment on the change in goodwill over this period.

Locate Note 6 to its financial statements. What are the three categories of intangible assets that Yahoo! reports at December 31, 2011? What proportion of total assets do the intangibles represent?

What does Yahoo! indicate is the life of “Trade names, trademarks, and domain names” according to its Note 6? Comment on the difference between the estimated useful life and the legal life of Yahoo!’s trademark.

Question: Mentions four methods for companies to develop opp…

Mentions four methods for companies to develop opportunities. Provide two examples for each of those methods: market penetration, market development, product development, and diversification. Also, beside each example, explain why it is an example of that method by telling me who the market is and how it is a present or new product. In other words, why does each example fit in that category? Also, in Ch. 2, we see that products or brands can be classified as stars, cash cows, problem children or dogs. 2. Using either a product, a service, a brand or a company, provide two examples of each of these categories: stars, cash cows, problem children and dogs. Explain why you think that each of those examples belongs to that category.

Question: Smith purchased steel on account from Eastern City…

Smith purchased steel on account from Eastern City Steel $7,500

Smith received and paid for supplies (indirect materials) from WJS $2,400

Overhead is applied to all jobs based on direct labor cost 180%

Smith made 9,871 door knobs this month. Smith shipped 8,000 door knobs and earned a standard margin of 64%

Smith’s hourly payroll for this month $17,984

Smith’s hourly payroll taxes for this month $1,978

Smith incurred manufacturing overhead of $21,078

Smith’s marketing and selling expenses for the month $3,261

Smith shows the following manufacturing costs: Direct Materials $4,500 Indirect Materials $1,000 Direct Labor $9,900 Indirect Labor $6,500

Make Journal Entries for the following:

To record the purchase of raw materials – steel

To record the purchase of supplies

To record allocation of overhead

To record the consumption of raw materials

To record the consumption of supplies

To record the production of finished goods

To record the payment of operating payroll

To record the accrual of payroll taxes

To record the sale of finished goods and the relief of inventory

Prepare a cost of goods manufactured statement and prepare an income statement

Question: Scenario: Terrence Brodsky is the CEO of Finemotor…

Scenario: Terrence Brodsky is the CEO of Finemotors, a green car manufacturer located in Detroit Michigan in the Unites States (U.S.). This is a new startup company with substantial investor funding. The car manufacturing process is predicated on volume sales and the hope that the company will capture the U.S. middle and lower income markets by selling very efficiently fueled 3-seater cars at a comparatively low price of $7,000 per vehicle. Some of the investors are prodding Terrence to come up with a higher priced version of the current vehicle. Terrence is considering whether this might be the right way to grow the company or not. Sarah Hutchins, a cofounder is also the operations manager and makes sure that they have all the materials they need, production is on schedule, that the cars pass the quality control review at the end of the line, and are within budget. Pierre Laforte, the human resources officer is busy hiring employees about as fast as he is creating policies and procedures since they are growing quickly and handling all of the legal aspects of compliance. Sam Goodwin watches over the night shift on the assembly line and sorts out any details left over from the operations during the day and creates requisitions for parts and equipment. In a 1–2 page paper identify one of the levels of management and the manager at that level referenced above and discuss how planning, organizing, leading, and controlling could be specifically related to that level of management. Assignment Checklist: 1. complete the POLC Learning Activity and take a screen shot and insert it into the top of the Assignment document. 2. Identify one of the three levels of management [strategic, middle, or first line (operational) manager] 3. Identify the employee at the corresponding level of management 4. Specify how the four management functions are related to that management level by defining the specific tasks and responsibilities of the Manager at that level.

Question: Melinda’s Custom Homes, a construction company t…

Melinda’s Custom Homes, a construction company that builds custom-designed houses, incurred costs for the following items.

Calculate each of the following, where the cost object is the houses built by the company:

a. Total variable costs.

b. Total fixed costs.

c. Total direct costs.

d. Total indirect costs.

Question: Your Company has just purchased a new machine that…

Your company has just purchased a new machine that costs $10,000. The machine has an expected life of 10 years and salvage value of $700. The depreciation life is 10 year. Compare the present values of the depreciation that would be obtained, using SL (straight-line method), SOYD (sum of the year’s digits), DDB (double declining balance), or a combination of two methods. Ignore ITC and Section 179.

Question: Flint Corporation’s general ledger as of December…

Flint Corporation’s general ledger as of December 31, 2016, includes the following accounts:

Corporation (start-up) costs $ 5,000

Deposits with advertising agency (will be used to promote goodwill) 8,000

Discounts on bonds payable 15,000

Excess of purchase price over fair value of the identifiable net assets of acquired company 70,000

Trademarks 12,000

In the preparation of Flint’s balance sheet as of December 31, 2016, what should be reported as total intangible assets?