Accounting Decision Making With Return On Investment Homework Help
- August 1, 2017
- Posted by:
- Category: Accounting QA
Best UK USA UAE Australia Canada China Accounting Decision Making With Return On Investment Homework Help Service Online
1.Jarrett Manufacturing Company allows employees to purchase, at cost, manufacturing materials, such as metal and lumber, for personal use. To purchase materials for personal use, an employee must complete a materials requisition form, which must then be approved by the employee’s immediate supervisor. Felix Thecat, an assistant cost accountant, charges the employee an amount based on Jarrett’s net purchase cost. Felix Thecat is in the process of replacing a deck on his home and has requisitioned lumber for personal use, which has been approved in accordance with company policy. In computing the cost of the lumber, Felix reviewed all the purchase invoices for the past year. He then used the lowest price to compute the amount due the company for the lumber. Discuss whether Felix behaved in an ethical manner.
2. You are the controller of a chain of dry-cleaning establishments. You are computing the return on investment for each outlet.
Outlet A, located in a city core, reported a net profit of $130,000. The land on which Outlet Ais located was essentially rural when it was purchased for $100,000. Since then, the city has expanded, and the land is now located in the population center. Comparable undeveloped land in the immediate area of the outlet is worth $2,000,000. The net book value of the outlet building and equipment is $400,000. The replacement cost of the building and equipment is $1,200,000. If the outlet building, equipment, and land were sold as a going concern, the sale price would be $1,500,000. It would cost $250,000 to demolish the building and clear the property for commercial development.
Required
(a) What is the return on this investment?
(b) How would you decide whether this outlet should continue to be operated, sold as a going concern, or demolished and the land sold?
3. The Newburg Flyers operate a major sports franchise from a building in downtown Newburg. The building was built in 1940 at a cost of $5,000,000 and is fully depreciated so that it is shown on the company’s balance sheet at a nominal value of $1. The land on which the building was built in 1940 was purchased in 1935 for $10,000 and is valued at this amount for balance sheet purposes. The franchise, which is the company’s only other major investment, cost $100,000 in 1940. Following GAAP at the time of the purchase, the franchise cost has now been fully amortized.
The current assessed value of the building is $200,000. The assessed value of the land, which is located in a prime urban area, is $20,000,000 and reflects the net value of the property if the current building is demolished and replaced with an office and shopping complex. The current value of the franchise, assuming that the league owners would approve a franchise sale, is $50,000,000.
Required
(a) Ignoring taxes in this calculation, if the team earns an income of approximately $3,000,000 per year, what is the return on investment using net book value and historical cost as the measures of investment?
(b) Ignoring taxes in this calculation and assuming that the organization’s cost of capital is 15%, if the team earns approximately $3,000,000 per year, what is the residual income using net book value and historical cost as the measures of investment?
How it Works?
How it Works?
Step 1:- Want to buy solution for this. Please click on submit your assignment here and then fill all details and please mentioned product code at the end of the case. Product code is extremely important to locate your assignment. You can also mail us by keeping product code as mail subject to besthomewrokhelpers@gmail.com
Step 2:- As soon as we received your details, we will inform you with through email about quotations of the given assignment. Requesting you to please mention your budget. Also ensure our email besthomeworkhelpers@gmail.com should not go into your spam folder.
Step 3:- Once you agree with our price, click on pay now and pay the agreed amount and once we received the payment assignment will be delivered before agreed deadline.
Step 4:-You can also call us in our phone no. as given in the top of the home page or chat with our customer service representatives by clicking on chat now given in the bottom right corner.
Features
Our Features for Assignment Help Services
Plagiarism Free Solution
The first and foremost things that we promise to our customer is plagiarism free solution i.e. a complete and unique solution as per customer’s university requirements.
Excellent Customer Care Services
You can feel our responsiveness once you use our service. Our team of excellent and dedicated customer service representatives are always ready to provide best customer care service 24X7 . Just drop a mail to besthomeworkhelpers@gmail.com and you can receive response in just no time.
Multiple Stage Quality Assurance
We design a unique multiple stage quality assurance team to ensure plagiarism free, original, relevant and as per customer’s requirements. We not only give importance to accurate solutions or writing but also we give equal importance to references style too.
Privacy and Confidentiality
We believe in maintaining complete privacy and confidentiality of all our clients. None of the information furnished to us is shared with anyone else.
Our Clients
We receive requests from clients all over the World. Most of our customers are from USA, UK, Australia, Canada, UAE, Muscat, Oman, Qatar, UAE, New-Zealand, France Germany etc.
Related Services
- Accounting Homework Help
- Accounting Assignment Help
- Computer Science Homework Help
- Management Homework Help
- Finance Assignment Help
- Online Essay Writing Help
- Strategic management case study help
- Case Study Assignment Help
- Dissertation Writing Help
- Trade finance case study help
- Project Management Assignment Help
- Mechanical Engineering Homework Help
- Online Quiz Help
- Maths homework Help
- Online Exam Help
- Economics Assignment Help
- Economics Homework Help
- English Homework Help
- Macroeconomics Homework Help
- Microeconomics Homework Help
- Statistics Assignment Help
- Australia Taxation Homework Help
- Supply chain management homework help
- Taxation homework help
- USA taxation assignment help
- Advanced accounting homework help online
- Auditing homework writing help
- Human resource management homework help
- Nursing homework help online
- Psychology homework help online
- Sociology homework help online
- Ratio analysis homework help online
- Strategic Management Homework Help Online
- Mba operations management homework help
- Human resource management homework help
- Operations management homework help
4. You are the controller of a chain of dry-cleaning establishments. You are computing the return on investment for each outlet.
Outlet A, located in a city core, reported a net profit of $130,000. The land on which Outlet Ais located was essentially rural when it was purchased for $100,000. Since then, the city has expanded, and the land is now located in the population center. Comparable undeveloped land in the immediate area of the outlet is worth $2,000,000. The net book value of the outlet building and equipment is $400,000. The replacement cost of the building and equipment is $1,200,000. If the outlet building, equipment, and land were sold as a going concern, the sale price would be $1,500,000. It would cost $250,000 to demolish the building and clear the property for commercial development.
Required
(a) What is the return on this investment?
(b) How would you decide whether this outlet should continue to be operated, sold as a going concern, or demolished and the land sold?
5. Investment centers Based on your understanding of how chains are managed, would you agree or disagree that an outlet of a large department store chain should be treated as an investment center? What about the maintenance department within that outlet? What about a single department within the store?
Product Code: ACC195
Looking for Accounting Decision Making With Return On Investment Homework Help, please submit your details here with product code mentioned above.