Matilda Company reported the following amounts (in euros) in 2014: Net income, 150,000; Unrealized gain related to the revaluation of buildings, 10,000; and Unrealized loss on non-trading securities (35,000). Determine Matilda"s total comprehensive income for 2014.
Q: Financial Accounting Question of the Higher fill Answer
A: Step 1: Define Return on EquityOne of the simplest ways to determine the return on equity is by…
Q: financial accounting question?....
A: Step 1: Define Risk-Free ReturnAn investment that provides a fixed return irrespective of market…
Q: SmartTech Electronics sells wireless earbuds at $80 per unit. The variable cost per unit is $35, and…
A: To determine the sales volume needed to achieve a target profit of $60,000 for SmartTech…
Q: Please solve these accounting problem
A: Step 1: Define Reported ratiosReported ratios can be summarized as the ratios that an entity reports…
Q: Which method allocates joint costs on the basis of each product's relative sales value at the…
A: The question is asking about the method used to allocate joint costs based on each product's…
Q: General accounting
A: Step 1: The Book Value of the Assets can be calculated by subtracting the Accumulated depreciation…
Q: The cost of new truck!
A: Step 1: All costs that are related to the purchase of assets and the bring it to the working…
Q: I need answer of this question general accounting
A: Step 1: Define Asset TurnoverThe ratio of the sales of the company to the average operating assets…
Q: None
A: If you have any clarifications (i.e., expand the explanation) or want different, expanded, or…
Q: Financial Accounting Question please solve
A: Step 1: Define Du-Pont AnalysisDuPont analysis breaks down the return on equity into three parts…
Q: Don't use ai to answer I will report you answer
A: Adjusted Basis to Father: $40,000Fair Market Value at Gift: $30,000Sale Price: $45,000 Scenario…
Q: Please assist to give step by step answers or in excel format
A: Part (c) - Inventory Turnover Calculation 1. Inventory Turnover Calculation: Inventory Turnover =…
Q: Need answer to this accounting assignment
A: A. 1. I would want to use this opportunity to introduce myself to the staff as our company's new…
Q: Need answer the accounting question please solve
A: Step 1: Define Accrued ExpenseThe accrued expenses are booked so that the expenses are recorded in…
Q: I am Waiting for Answer of Accounting Questions
A: Return on total asset = Net Income / Average Total Asset =$290000/((3700000+3100000)/2)=8.5% Return…
Q: Below is the comparative balance sheet for Monty Corporation Dec. 31,2025 Dec. 31,2024 Cash $16.500…
A: Step 1:Cash flow statement:The cash flow statement is a record of accounting and a part of the…
Q: Provide this question solution general accounting
A: Net Income for 2008: $25,000Actuarial Liability Gain: $10,000Unexpected Asset Loss: $13,000Step 1:…
Q: Provide Answer of this one please need Correct Answer general accounting
A: we need to calculate the beta of Discovery Cafe and the risk premium in the market.1. Formula for…
Q: Need answer the accounting question
A: Step 1: Define Return on AssetReturn on asset is a financial ratio that compares the total assets…
Q: Accounting Question please solve
A: Step 1: Define Material Quantity VarianceDirect material quantity variance arises when there is a…
Q: I need answer of this question general accounting
A: Step 1: Define Straight-line DepreciationUnder straight-line depreciation, the annual depreciation…
Q: The income statement of Pharoah Company is shown below. Pharoah Company Income Statement For the…
A: To help solve this, we need to prepare the operating activities section of the statement of cash…
Q: Question financial accounting please answer
A: Step 1: Calculating the marginal income per unit.Marginal income per unit = Selling price per unit -…
Q: Please help, give me a detailed answer to this.
A: Step 1. Update DepreciationWe need to record depreciation from December 31, 2025, to April 1,…
Q: Answer do fast and step by step calculation with explanation on these accounting question not use ai
A: Step 1: Define Return on EquityReturn on Equity (ROE) is a ratio that represents the amount of…
Q: Provide answer to Question
A: Explanation of Cost of Equipment:The cost of equipment refers to the total amount a company spends…
Q: Which cost is classified as a product cost?
A: Explanation of Product Cost: Product costs are those costs that are directly involved in…
Q: Get correct answer accounting
A: Step 1: Define InventoryInventory is considered as a current asset recorded under asset section in…
Q: What is the appropriate required return of CSB on this financial accounting question?
A: Step 1: Define Capital Asset Pricing Model (CAPM)The CAPM equation is used to determine the rate of…
Q: ACCOUNTING: FOR A FACTORING ARRANGEMENT, DERECOGNITION OF RECEIVABLES OCCURS WHEN? A) AGREEMENT IS…
A: Explanation of Factoring Arrangement: A factoring arrangement is a financial transaction where a…
Q: Please Give me answer of this one
A: To determine the firm's Return on Equity (ROE), we applied the DuPont Identity, which breaks ROE…
Q: Do fast and step by step calculation with explanation for this accounting question
A: Step 1: Define Standard CostStandard cost can be defined as the estimated cost that will be incurred…
Q: Please give me answer Financial Accounting.......
A: Step 1: Define Rate of ReturnThe rate of return is used to compare investment alternatives. It shows…
Q: Accounting Subject solution
A: Step 1: Definition of Terms1. Net Income:Net income is the company's profit after deducting all…
Q: Get correct answer accounting
A: Step 1: Define Net IncomeNet income is the company's bottom line because it is the last derivation…
Q: On January 1, 2022, Sarasota and Lois Company purchased 12% bonds having a maturity value of…
A:
Q: Need Answer of this Question with answer
A: Step 1: Definition of Operating Leverage:Operating leverage determines the changes in operating…
Q: General Accounting Question of the Higher fill Answer
A: Hello student! Return on Total Assets (ROTA) and Return on Equity (ROE) are both profitability…
Q: I need answer of this question financial Accounting....claire has invested
A: Step 1: Define Annualized rate of returnThe annualized rate of return is the percentage of return…
Q: Need Accounting Question Solution with explanation
A: Step 1:Identify the high and low activity levelsStep 2:Calculate the change in cost and change in…
Q: Please provide answer this general accounting question not use ai
A: Step 1: Define Direct Labor VariancesDirect labor refers to the wages paid for the labor hours…
Q: Provide correct answer accounting
A: Step 1: Define Under- or Over-Applied Manufacturing OverheadUnder- or over-applied manufacturing…
Q: What is the book value of the equipment?
A: Explanation of Book Value: Book value represents the current worth of an asset on a company's…
Q: Please give me answer general accounting
A: Step 1: Define InventoryIn a product-driven business enterprise, inventory management is critical…
Q: Please give me answer general accounting
A: Step 1: Define Cost AllocationThe manufacturing unit groups the activities in a department as per…
Q: General accounting 10.5
A: Step 1:Computation of the material variances: Standard quantity for actual production (SQ): Standard…
Q: Answer accounting
A: Solution= total manufacturing costs + work in process, beginning - work in process, ending +…
Q: Please provide answer the accounting question Do fast and step by step calculation with explanation
A: Step 1: Define Fixed CostsA fixed costs is one that is incurred by virtue of being in business and…
Q: I need answer of this question accounting
A: Step 1: Define Finished GoodsThe total amount of finished goods in the inventory is calculated as…
Q: Gr
A: Step 1: Find the gross profit.= sales - cost of goods sold= 255,000 - 105,000= 150,000 Step 2:…
If you give me wrong answer I will give you unhelpful rate on these accounting question
Step by step
Solved in 2 steps
- Using the information below calculate the ROC of the company Years Revenue ($M) Net Income ($M) 2012 221.8 2.9 2013 473.8 20.2 2014 627.7 36.4 2015 947.8 45.0 2016 1,015.5 50.3 2017 1,046.2 64.9 2018 1,293.2 90.4 Years Total Assets ($M) Fixed Assets ($M) Current Assets ($M) Total Equity ($M) Retained Earnings ($M) 2012 430 286 144 293 12.8 2013 956 501 455 558 33.0 2014 922 668 324 620 69.4 2015 1103 796 307 665 114.4 2016 1120 835 285 729 164.7 2017 1294 738 556 805 229.6 2018 2053 703 1350 934 320The following are selected numbers from the financial statements of a publically traded firm for 2016 and 2017 (in millions): 2016 2017 Revenues $618.0 $644.0 (Less) Operating Expenses ($392.4) ($405.94) (Less) Depreciation ($10.37) ($12.50) = Earnings before Interest and Taxes $215.23 $225.56 (Less) Interest Expenses ($0.0) ($0.0) (Less) Taxes ($31.28) ($30.40) = Net Income $183.95 $195.16 Working Capital $202.0 $260.50 The firm had capital expenditures of $21 million in 2016 and $17 million in 2017. The working capital in 2015 was $144 million. Estimate the cash flows to equity in 2016 and 2017.Y.Co reported the following selected balances on its financial statements for each of the three years 2015 – 2017: 2015 2016 2017 Market adjustment – FVPL 5,500,000 3,750,000 (1,200,000) Market adjustment – FVOCI (1,300,000) 900,000 1,350,0000 How much net unrealized loss should be shown in the 2017 income statement?
- 1. The following is a data transaction from PT Colorpop's records as the basis for making a Statement of Comprehensive Income for the period ended 31 December 2020: Rent Revenue $ 44,000 Interest Expense $ 20,000 Unrealized gain on non-trading equity securities, net of tax $ 35,000 Selling expenses $ 140,000 Income tax $ 30,600 Administrative expenses $ 185,000 Cost of goods sold $ 500,000 Net sales $ 954,000 Loss on sale of plant assets $ 10,000 Loss from Fixed Assets Revaluation, net of tax $2,000 Instructions: Create a Statement of Comprehensive Income using a two-statement approach! Calculate the value of Ending Per Share for 2020 if the number of shares outstanding is 100,000 shares.Minton Corp.'s income statement for the year ended Dec 31,2014 is as follows: Depreciation and amortization : 1,225 Earnings before net Interest and taxes : 2,759 Interest expense (net of Interest Capitalized 103 and Interest income 109) Equity in income (loss) of affiliates : 18 : (300) Earnings before income taxes : 2,477 Income taxes : (130) Net earnings : 2,347 Based on Standard and Poor's Adjusted Key Industrial Financial Ratios averages, what rating will you assign for Minton Corp.? A) BBB to A В) ВВ C)B D)CCCThe comparative statement of financial position for Cullumber Corporation shows the following noncash current asset and liability accounts at March 31: 2018 2017 Accounts receivable $61,000 $43,000 Inventory 70,000 64,000 Accounts payable 35,000 43,000 Dividends payable 1,400 2,300 Cullumber’s income statement reported the following selected information for the year ended March 31, 2018: net income was $280,000, depreciation expense was $60,000, and a loss on the disposal of land was $18,000. Cullumber uses a perpetual inventory system. Calculate net cash provided (used) by operating activities using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) CULLUMBER CORPORATIONStatement of Cash Flows (Partial)-Indirect Method Operating activities…
- Tamarisk Co. reports the following information for 2020: sales revenue $769,400, cost of goods sold $502,400, operating expenses $88,400, and an unrealized holding loss on available-for-sale debt securities for 2020 of $57,800. It declared and paid a cash dividend of $14,160 in 2020. Tamarisk Co. has January 1, 2020, balances in common stock $365,300; accumulated other comprehensive income $90,400; and retained earnings $91,010. It issued no stock during 2020. (Ignore income taxes.) Prepare a statement of stockholders' equity. TAMARISK CO. Statement of Stockholders' Equity For the Year Ended December 31, 2020 Accumulated Other Total Retained Earnings Comprehensive Income Common StockSunland Co. reports the following information for 2020: sales revenue $753,100, cost of goods sold $520,900, operating expenses $84,600, and an unrealized holding loss on available-for-sale debt securities for 2020 of $51,000. It declared and paid a cash dividend of $11,210 in 2020.Sunland Co. has January 1, 2020, balances in common stock $359,700; accumulated other comprehensive income $90,900; and retained earnings $97,460. It issued no stock during 2020. (Ignore income taxes.)Prepare a statement of stockholders’ equity. SUNLAND CO.Statement of Stockholders’ Equitychoose the accounting period December 31, 2020For the Year Ended December 31, 2020For the Quarter Ended December 31, 2020 Total Retained Earnings Accumulated OtherComprehensive Income Common Stock select an item Ending BalanceDividendsBeginning BalanceOther Comprehensive…Waterway Corporation reported the following for 2025: net sales $1,227,300, cost of goods sold $734,700, selling and administrative expenses $332,700, and an unrealized holding gain on available-for-sale debt securities $16,800. Prepare a statement of comprehensive income using the one statement format. (Ignore income taxes and earnings per share) WATERWAY CORPORATION Statement of Comprehensive Income MA S
- Waterway Corporation reported the following for 2025: net sales $1,227,300, cost of goods sold $734,700, selling and administrative expenses $332,700, and an unreallized holding gain on available-for-sale debt securities $16,800. Prepare a statement of comprehensive income using the one statement format. (Ignore income taxes and earnings per share) WATERWAY CORPORATION Statement of Comprehensive Income MA SThe following information relates to Moran Co. for the year ended December 31, 2017: net income $1,245.7 million; unrealized holding loss of $10.9 million related to available-for-sale debt securities during the year; accumulated other comprehensive income of $57.2 million on December 31, 2016. Assuming no other changes in accumulated other comprehensive income, determine (a) other comprehensive income for 2017, (b) comprehensive income for 2017, and (c) accumulated other comprehensive income at December 31, 2017.Skysong Co. reports the following information for 2025: sales revenue $776,200, cost of goods sold $517,000, operating expenses $90,200, and an unrealized holding loss on available-for-sale debt securities for 2025 of $60,700. It declared and paid a cash dividend of $12,430 in 2025. Skysong Co. has January 1, 2025, balances in common stock $369,200; accumulated other comprehensive income $88,300; and retained earnings $98,980. It issued no stock during 2025. Prepare a statement of stockholders' equity. (Ignore income taxes.) > > Total SKYSONG CO. Statement of Stockholders' Equity LA Retained Earnings Accumulated Other Comprehensive Income
