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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
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
Celltronics Correlation Coefficient Solution
Correlation Coefficient The correlation coefficient quantifies the relationship between two or more random variables. It can be calculated in MS Excel using the CORREL function, which we demonstrate below. The production department of Celltronics International wants to explore [...]Read more
P8-5 Malone Company – Bad Debt Expense Adjusting Entries December 2017
P8-5A Malone Company In this tutorial, we will look at a few examples of adjusting entries for Bad Debt Expenses. This should show you the pros and cons when comparing the Direct Write-Off Method to the Allowance for Doubtful Accounts method. Video Tutorial by OctoTutor At [...]Read more
Civil Liability and Contract Law – Business Law Study Guide 2017
In which of the following methods of alternative dispute resolution must parties to a case employ a neutral third party to settle their dispute? Arbitration Explanation: Arbitration is conducted by allowing a moderator to make a legally binding ruling on a case, just as if it [...]Read more
Employee/Employer Relations and Civil Rights – Business Law Study Guide 2017
Steve Templeton, the CEO of Rolland Motor Company, is contemplating the shutdown of a plant in Kantron. The plant has been unprofitable for some time now, and there is increasing pressure from shareholders to shut it down so as narrow the loss being incurred by the shareholders. [...]Read more
Federal/State Regulations and Legal Powers – Business Law Study Guide 2017
An LLC that was organized in Alabama and is operating in Texas with no operations outside the United States is considered a ___ in Texas Foreign limited liability company Explanation: In the context of state law, a foreign company is one that operates out of another state. You [...]Read more
Issues Concerning Liability – Business Law Study Guide 2017
The plaintiff in a product liability lawsuit has suffered $100,000 worth of damages from an automobile accident. A defect in manufacture of the plaintiff’s vehicle is found to be 60 percent responsible for the accident, while the plaintiff’s own negligence is 40 [...]Read more
Statistics Guide: A study of long-distance phone calls made from General Electric Corporate Headquarters
In this tutorial, we provide an image of the formatting in an excel spreadsheet. For each problem we show the actual formula to plug into the cell and the result. Student Question: A study of long-distance phone calls made from General Electric Corporate Headquarters in [...]Read more
Statistics Guide: A normal population has a mean of 19 and a standard deviation of 5.
In this tutorial, we are going to use excel to calculate a z value from a know mean and standard deviation. Student Question: A normal population has a mean of 19 and a standard deviation of 5. Compute the z value associated with 25 To find the z-value at 25, we calculate (25 [...]Read more