# Articles posted by "octotutor"

### Financial Reporting Problem – Apple, Inc.

Problem Overview The purpose of this assignment is to help you understand the basics of financial statement analysis related to the assets section of the balance sheet, data interpretation, and how financial information is obtained to understand how a company accounts for its [...]Read more

### Anisha Enterprises – Intangible Asset Amortization

Intangible Asset Amortization Given the following account balances at year end, how much is amortization expense on Anisha Enterprises income statement for the current year if Anisha thinks all of its intangibles should be amortized over ten years? Sales revenue 45,000,000 [...]Read more

### Statistical Communication for Rating, Ranking, Sorting Data

Choosing an Effective Communication Method for Statistical Studies The decision of an optimal communication method occurs when a researcher has determined the best data collection approach.  In the current business environment, technology has produced extensive changes to the [...]Read more

### Probability Sample Vs. Nonprobability Sample

Describe the differences between a probability sample and a nonprobability sample A probability sample collects and aggregates data is a way that is completely unbiased and not affected by subjective assumptions of the researchers. A true probability sample of American adults [...]Read more

### What happens when there is a change in estimated depreciation?

When there is a Change in Estimated Depreciation Correct Answer = Explanation This situation occurs commonly in the real world and it is not practical to revise estimates from past accounting periods. That being said, the best approach is to make revisions in the current [...]Read more

### What are expenditures to maintain the operating efficiency and expected productive life of the unit are expensed as incurred?

True or False? Expenditures to maintain the operating efficiency and expected productive life of the unit are expensed as incurred. Correct Answer = Explanation This question is talking about ordinary and necessary  expenses as defined in the IRS tax code. An example would be a [...]Read more

### Financial Statement Analysis: Columbia Sportswear and VF Corporation

Financial Ratio Calculations for VF and Columbia Analysis providing conclusions concerning the management of accounts receivable based on the financial statements of Columbia Sportswear Company presented in Appendix Band the financial statements of VF Corporation presented in [...]Read more

### Pennsylvania Refining Company – Is the correlation in the population greater than zero?

Problem Overview In this tutorial, we are going to find out if the correlation in a sample population greater than zero using Excel.  Pennsylvania Refining Company is studying the relationship between the pump price of gasoline and the number of gallons sold. For a sample of 20 [...]Read more

### Maumee Ford-Mercury- Volvo Coefficient of Determination Solution

Problem Details The problem we are tackling in this tutorial is about car dealership data. We will show you how the find the Coefficient of Determination using Excel. The owner of Maumee Ford-Mercury- Volvo wants to study the relationship between the age of a car and its selling [...]Read more

### Bi-lo Appliance Super-Store Correlation Coefficient Solution

The famous Bi-Lo regression question goes something like this: Bi-lo Appliance Super-Store has outlets in several large metropolitan areas in New England. The general sales manager aired a commercial for a digital camera on selected local TV stations prior to a sale starting on [...]Read more