What does the concept "substance over form" stand for?  Can you provide me with some examples?

Q: J. Smoltz is the owner of an antique furniture store. The business has a delivery van worth $40 000…

A: Since the assets are used for many years in the business, the efficiency of the assets will reduce…

Q: company purcha jobs during 2022

A: Materials on hand refers to the inventory or stock which is remained by a company on ready basis in…

Q: EX 9-3 Entries for Uncollectible Accounts, Using Direct Write-Off Method OBJ. 3 - Describe the…

A: Direct write off method of accounts receivables -   using the direct write-off method of accounts…

Q: PA6. Morris Industries manufactures and sells three products (AA, BB, and CC). The sales price and…

A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…

Q: Corona Company uses a sales journal, a cash receipts journal, and a general journal to record…

A: Journal Entries - Journal Entries are the recording of transactions of the organization. It is…

Q: Question 5 Beginning inventory, purchases and sales data for hammers are as follows: Mar 3 Inventory…

A: when a student asks multiple questions as a single question then the expert needs to answer the…

Q: The equity sections from the 2020 and 2021 balance sheets of Fab-Form Industries Inc. appeared as…

A: Dividend March 16=96,300×$0.20=$19,260

Q: Dividends Dividends from a subsidiary, associate or joint venture are recognized in profit or loss…

A: The investment in subsidiary, joint venture and associates can be accounted by any of the following…

Q: Determine the principal that p at rate must be invested r = 3°, companded monthly, so that $500,000…

A: Principal = Future Value / (1 + r)^n

Q: Assume that in January 20X6, a Hotcake House restaurant purchased a building, paying $57,000 cash…

A: Income statement refers to those financial statements of a company which shows the revenues and…

Q: Khalid Co. sold two machines in 2015. The following information pertains to the two machines:…

A: Assumption: The Year ending date is December 31   Depreciation Expense (SLM) = (Cost - Salvage…

Q: Answer the below statements by stating (True or False) only. a. An accounting information system…

A: Solution Accounting information system is a system of collecting , storing and processing financial…

Q: You are evaluating a capital budgeting project that should last for 4 years. The project requires…

A: Net present value (NPV) is used to determine the present value of all future cash flows. Net present…

Q: Instruction: Journalize the following transactions for both Abbott Co. (seller) and Dalton Co.…

A: A journal entry is used to record day-to-day transactions of the business by debiting and crediting…

Q: QUESTION 6 Select all of the statements that are true. O Net Income equals Assets minus Liabilities.…

A: Income is an excess of revenue over its expenses. It increases the retained earnings. If the…

Q: |Conceptual / Calculation Question Suppose a bank's balance sheet looks as follows: Assets…

A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: Can you please help me with this question?

A: An income tax expense contains both  current and deferred tax. The total tax expense includes income…

Q: What is this question answer?

A: Net realizable value = Estimated Selling Price -  Cost of Completion and Disposal where, Cost of…

Q: In comparing alternatives, I and J by the present worth method, the equation that yields the present…

A: Present worth will be the difference between total present worth of cash inflows and total present…

Q: White Pear Inc., an organic soap manufacturer, showed the following equity information as at…

A: Preferred shares issued and outstanding = 69,000 The average price of preferred share = $30.00…

Q: At the end of the month of July you close the books of your company and received the bank statement.…

A: The bank reconciliation statement is prepared to equate the balances of cash book and pass book with…

Q: Problem 3: You are interested in buying a coffee shop. Your accountant provides you with the…

A: Present value of expected cash flow stream is the net present worth (or value) of all future…

Q: The outstanding share capital of Sheng Inc. includes 54,000 shares of $9.60 non-cumulative preferred…

A: Working:  Annual Preferred dividends 518,400   54,000*9.60

Q: Would you say this chart  is a technical or a fundamental analysis? Give reasons for your  answer?

A: The question is based on the concept of analysis of stock performance. Fundamental and technical…

Q: 20 0mpany's average cost per unit is $1.425 at the 16.000-unit level of activity and $1.38 at the…

A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: (Related to Checkpoint 13.3) (Scenario analysis) Family Security is considering introducing tiny GPS…

A: Net present value is the difference between the present value of cash inflows and present value of…

Q: West Side Pizza bought a used Nissan delivery van on January 2, 20X6, for $19,200. The van was…

A: Solution: Depreciation is a method which reallocates the cost of a tangible asset over its useful…

Q: Manning Imports is contemplating an agreement to lease equipment to a customer for four years.…

A: A lease is a written legal agreement between two parties: the lessor and the lessee. In the lease…

Q: Exercise I On August 31, 20x1, Oliver, Olive and Olivia formed a partnership. Oliver is the…

A: Hello. Since your question has multiple sub-parts, we will solve the first three sub-parts for you.…

Q: (Related to Checkpoint 13.4) (Break-even analysis) The Marvel Mfg. Company is considering whether or…

A: Working Notes: 1. Following information given in the question. Fixed cash expenses = $83,000 Annual…

Q: "The following events/ transactions had been taken place in Donald company": a. "The beginning…

A: Supplies expenses = Supplies beginning balance + Supplies purchased - Supplies ending balance

Q: e. f. Suppose most investors expect the inflation rate to be 5% next year, 6% the following year,…

A: Interest rate or yield of bond The interest rate or yield of bond is calculated as shown below.…

Q: Spath Company adopted a noncontributory defined benefit pension plan on January 1, 2019. Spath uses…

A: Interest cost =Beginning balance of Service cost x discount rate = $300,000 x 10% = $30,000 Expected…

Q: Which of the following are true about the long-run nominal interest rate i? Select one or more:…

A: The Correct option is 'e'

Q: The owners are desirous of comparing serval financial transactions and possible outcomes to assist…

A: A journal entry is a form of accounting entry that is used to report a business transaction in a…

Q: Can you please explain more on the example?

A: Shadow banks facilitate lending using a variety of securitization and secured funding strategies,…

Q: After selling 4,320 units during the period, Dole Corp. prepared a flexible budget that included…

A: The master budget incorporates all lower-level budgets developed by a company's numerous functional…

Q: Malkiya Company gathered the following condensed data for the year ended December 31, 2020: Cost of…

A: NOTE: This set contains 2 questions and nothing has been mentioned regarding which question needs to…

Q: Can you explain the answer in detail please?

A: Selling price of machine B = $50000 Cost of machinery = $100000 Carrying amount of machinery on the…

Portfolio Management

Portfolio management is the process by which an investor decides that how the person will invest in a variety of assets in order to get a desired return in the future. A portfolio means a pool of assets that includes securities, bonds, and other investment instruments which helps in risk minimization of the money that has been invested. In other words, it can be said that a portfolio means a combination of assets in which an investor decides to invest their money in order to get a lump sum return in the future or even a series of cash flow that the person is expecting at the end of their job life.