Turnitin will be used in this assignment, so needs to be 100% original.
Assignment 2: Tax Issues Associated with Financial Planning
Understanding the tax consequences of your financial planning decisions is very important. These decisions may sometimes have life-long consequences in addition to a one-time result.
For example, when a person decides to save for retirement, there are tax consequences for each year when money is added to the account as well as when it grows. There are additional consequences later when that person decides to retire and use the money to live on.
This assignment looks at another example of tax issues associated with financial planning. You will look at the use of tax-exempt investment instruments such as municipal bonds, as an alternative to traditional investments, and corporate bonds or stocks.
Consider the follo
Project 4
You will be graded on the accuracy of your answer and usage of cell referencing in the DATA area.
Covers material in chapter 9.
This project covers material in chapter 9 and I have extensive budget demonstrations in the chapter 9 course documents folder.
I have a template set up on the solution worksheet that you should use to complete the required budgets that are stated on the solution worksheet tab along with a what if question and article questions.
You need to use cell references in the development of your budgets. You must use this worksheet to reference the data that is being inputted onto the budgets on the solution worksheet.
The budget director for Bird House Unlimited, Inc., has gathered the following data for use in developing the budgeted income statement for November 20XX.
Estimated sales for November
Bird House 28.600 units at $33 per unit
Bird Feeder 24.000 units at $37 pe
Sandy Alomar Corp., Prepare two schedules for inventory costs under LIFO and FIFO
You are vice-president of finance of Sandy Alomar Corp., a retail company that prepared 2 different schedules of gross margin for the first quarter ended March 31, 2007. These schedules appear below:
Sales ($5 per unit) cost of goods sold gross margin
Schedule 1 $150,000 124,900 25,100
Schedule 2 150,000 129,400 20,600
The computation of cost of goods sold in each schedule is based on the following data.
Units Cost per unit Total cost
Beg. Inventory, Jan 1 10,000 $4.00 $40,000
Purchase, Jan 10 8,000 4.20 �
Essex Biochemical Co has a $1000 par value bond outstanding that pays 10% annual interest. The current yield to maturity on such bonds in the market is 7%. Compute the price of bonds for these maturity dates: A. 30 yrs B. 15 yrs. C. 1 year.
Imagine you are the Head of State for a country and must prepare a presentation regarding the cultural significance of the country. The country is about the size and geography of Texas and it has a border with the ocean and another with a country of the same size and geography. Your presentation must include the following information:
- What cultural tools might you use to maintain the historical traditions of your country? Please give two specific examples.
- Provide two positive examples of cross-cultural influences to the people of your country. Why would they be considered positive?
- Provide two negative examples of cross-cultural influences to the people of your country. Why would they be considered negative?
- What have real countries done to deliberately influence interaction with outside cultures that your country might incorporate? Provide two examples
Use the Speaker Notes area of PowerPoint for your narrative textual informatio
Assignment 2: Discussion—Ethical Issues
Review the Ethical Issue: Dobbs Wholesale Antiques in chapter 5 (Page 317). By
Week 3, Day 3, address the following in your initial post:
- Under Dobbs FOB policy, when should the company record a sale?
- Do you approve or disapprove of Dobbs's manner of deciding when to ship goods to customers and record the sales revenue? If you approve, give your reason. If you disapprove, identify a better way to decide when to ship goods. Is there an accounting rule against Dobbs's practice?
By the end of the week, provide substantive responses to at least two other students' initial posts
Assignment 3: Excel Problems
At the end of each module, you will apply the module’s concepts by completing comprehensive assignments from the textbook.
Complete problems P3-43 (p. 185) and P4-38 (p. 252) in your text book.
Present your analysis of the assigned problems in Excel format. Enter non-numerical responses in the same worksheet using textboxes.
By
Week 2, Day 7 deliver your assignment to the
M2: Assignment 3 Dropbox.
Create the file with the following name:
LastnameFirstInitial_M2A3.Excel.xls.
Oceanview Marinve Company Audit Case
Assignment #8
Perform audit of cash
***Please give full info for resources used and cite where appropriate in APA style. Show all calculations to any work necessary. Answer both questions. No plagiarism***
As a Financial Accountant, determine the best type of income statement a retailer should use. Defend your suggestion.
Analyze inventory valuation methods discussed in the textbook. Based on your analysis, recommend the most accurate valuation method that reflects current economic conditions. Provide a rationale for your recommendation
THIS ASSIGNMENT NEEDS TO BE PLAGARISM FREE AND MUST USE LEGITIMATE SOURCES (NO COURSEHERO, NO WIKIPEDIA, ECT.). THE ITEMS BELOW NEED TO BE IN DEPTH, NOT GENERAL. THERE SHOULD INCLUDE IN TEXT APA CITATIONS ALONG WITH CORRECT APA REFERNCES. PLEASE USE FASB DATABASE AND ITEMS PERTAINING TO ACCOUNTING SPECIFICALLY TO ANSWER THE QUESTIONS BELOW.
Last year, CMC recorded a deferred tax asset related to product warranties and a deferred tax asset related to accelerated depreciation. A 75% valuation allowance was also established. However, with an upcoming international expansion, Connor and Martin wonder if the company can now reduce or eliminate the valuation allowance. In addition, Connor and Martin are considering alternative financing arrangements for equipment to be used in the upcoming expansion. However, they have not used equipment leases in the past and would like more information. For their second request, they would like you to research the following topics:
- What