Describe about the basic EPS.

Q: Define LIFO conformity rule.

A: Last-in-First-Out (LIFO): In this method, items purchased recently are sold first. So, the value of…

Q: Define BOM along with an example.

A: There are different types of BOM based on the specific engineering used in the design process or…

Q: Distinguish between basic and diluted EPS.

A: Earnings per cash (EPS):   The amount available as earnings for each of the common shares…

Q: Explain the characteristics

A:

Q: What is full form of GAAP? Describe about it.

A: Generally Accepted Accounting Principles, are commonly known as GAAP

Q: 3 Income Statements Items 2020 2019 1,205,076,326 4 Sales 5 Cost of sales 5 Gross profit Other…

A: Required   Explain  EPS?

Q: Describe about the LIFO and FIFO method.

A:

Q: Discuss the General overview of IFMIS

A: The IFMIS usually sets up a centralized system to support various management processes.

Q: Describe the functions and powers of ASIC

A: Australian securities and investment commission is a commission made in 1998 of Australian…

Q: Describe WACC and its components.

A: WACC: The weighted average cost of capital (WACC) is a computation of   cost of capitalof a company…

Q: The CEO of J&B, Ld., would like to propose in the next Council meeting a rise of capital as one of…

A: An operating cycle is the period of time it takes for a business to buy goods, sell them, and…

Q: Define NRV method.

A: Definition:   Product costs: The costs incurred to acquire the merchandise, ship the stock, prepare…

Q: Mulkilteo Company obtained a charter from the state in January of this year. The charter authorized…

A: INTRODUCTION Stockholders' equity is the total of issued share capital to the shareholders plus…

Q: Describe the term CVP analysis.

A: Cost-Volume-Profit Analysis (CVP Analysis): CVP Analysis is a tool of cost accounting that…

Q: What is an REA diagram?

A: Accounting is primarily concerned with identifying, recording, measuring, summarizing transactions…

Q: Weasley's Wizard Wheezes, Inc. (WwW) began its business in January 2019 as a wholesale distributor…

A: FIFO: FIFO stands for First-In, First-Out. As its name suggest, this method assumes that the oldest…

Q: Illustrate the CDO Structure?

A: CDO is the abbreviation used for collateralized debt obligation. It is corporate based funanacial…

Q: What is the incremental profit? To get a rough project's profitability, what is the project's…

A: Profit represents the economic benefit realized when income from a business activity exceeds the…

Q: What is EPS and how is it calculated?

A: EPS is referred to as earning per share and is defined as portion of company's profit allocated to…

Q: a) What are x and y? b) What are the cumulative repricing gaps for 1 month (CGAP1-month), 3 months…

A: Since you have posted a question with multiple subparts, as per the guidelines, we will be solving…

Q: The process of adjusting the bond interest expense account for any premium is called amortization of…

A: The process of adjusting the bond interest expense account for any premium is called amortization of…

Q: Describe the features of JIT.

A:

Q: Required: Record all transactions in appropriate T-accounts (costs by nature), close all accounts…

A: Income Statement: An accounting report that indicates the net profitability of company at the…

Q: Problem #8 Treasury Stock Transactions Briones, Inc. has the following stock outstanding on Dec. 31,…

A: Journal Entry          A journal is a book in which all of a company's transactions are recorded for…

Q: PROBLEM 3 Mee Co. acquired inventory from a foreign entity for 100,000 FCUs (foreign currency…

A: “Since you have posted multiple questions with multiple sub parts, we will provide the solution only…

Q: Describe about the concept of COGS.

A: Cost of goods sold (COGS): Cost of goods sold is the accumulate amount of all direct cost incurred…

Q: Q1. Underline/highlight the correct answer. 1. Where are the accounts of credit suppliers found? a.…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: We Make Company has traditionally manufactured a number of different standard machine parts. It is…

A: Unavoidable fixed Manufacturing Overhead = Total fixed Manufacturing Overhead x 50% =$4180 x 50% =…

Q: Define Prepayments.

A: Step 1 The outflow of money to reduce the liabilities occurred in the current accounting period…

Q: Describe EVA.

A: EVA (Economic Value Added):

Q: Explain “EPS computation”.

A: EPS is the earnings per share. This ratio helps to find out how much profit is earned for $1…