
Managerial Accounting: Creating Value in a Dynamic Business Environment
11th Edition
ISBN: 9781259727757
Author: HILTON
Publisher: MCG COURSE
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Chapter I, Problem 4RQ
To determine
Identify the SOX section 302 requires of management.
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Use the following template to organize and present your results:
Almond Beach Inc.
Palm Beach Inc.
Theoretical CAPM Actual offered
prediction for
expected return
(x)
return (x)
Standard
deviation of
return (%)
Beta
Comments on the diversified investor's
choice
Comments on the
individual investor's
choice
Complete the table given below and compute the WACC from theinformation provided after the table template.
please help me create a balance sheet and expalin
(a)
Lisa invested cash by making a deposit in a bank account for the business, $9,000.
(b)
Paid rent for July, $150.
(c)
Purchased a used van for cash, $5,000.
(d)
Purchased a laptop computer (Computer Equipment) on account for, $500.
(e)
Purchased cleaning supplies that cost $200. Paid $100 cash and will pay the balance next month, $100.
(f)
Paid part-time assistant (Salaries and Wages expense) for first half of month, $100.
(g)
Paid for advertising, $90.
(h)
Paid two-year premium for liability insurance on van, $480.
(i)
Received cash from clients for services performed, $800.
(j)
Performed cleaning services for clients on account, $500.
(k)
Paid phone bill, $40.
(l)
Received cash from clients for window cleaning performed on account in transaction (j), $200.
(m)
Paid part-time assistant for last half of month, $200.
(n)
Made partial payment on computer equipment purchased in transaction (d), $200.
(o)…
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Managerial Accounting: Creating Value in a Dynamic Business Environment
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