Accounting Answers

On September​ 30, 2014, when the market interest rate is 4 ​percent, Champs Ltd. issues $9,750,000 of 6​-percent, ​20-year bonds for $12,417,159. The bonds pay interest on March 31 and September 30. Champs Ltd. amortizes bond premium by the​ effective-interest method.

prepare an amortization table for four semiannual interest periods.

Build the projected revenue budget for the six months ending in December

The disability manager, Helene, is constantly asking you to increase her budget. You have explained to her on a number of occasions that the board has officially adopted the budget. What will you do if her request begins to take up too much of your time? (200 words)

Section B -The behavior of local students vs International Students

5. How does the demand (price-quantity relationship) of international students differ from that of local students?
6.What are the most and least popular drinks among local students? How does this compare with the preferences of the international student?
7. Are local students more loyal to their brand than international students?

1. Introduction - Provide a brief introduction to what this assignment is about and how was your sample selected?

2. Data Analysis - This section must answer to the following specific questions

Section A - Basic Analysis
1.What proportions of the students in your sample are local and what proportion are international?
2.What is the relationship between price and average quantity consumed by students?
3. What are the most popular and least popular soft drinks among students?
4. How loyal are students to their brand? (Do students change their preference when they receive a 25% or 40% discount on their preferred drink?)

explain all about sunk fund account and solve an example

How does revenue forecasting affect the rest of the budget process?

Balance sheet and PL account of JB sons company Ltd as on December 31, 20x3
and 20x4 are as follows. Prepare a statement of sources and uses of funds.
Balance Sheet as on 31 December
Liabilities 20x3 20x4 Assets 20x3 20x4
Accounts Payable
Cash Credit
Outstanding
Expenses
Long term Loan
Capital
Surpluxs
15,000
13,000
2,000
30,000
30,000
10,000
25,000
10,000
3,000
20,000
30,000
12,000
Cash balance
Accounts
Receivable
Loan and advance
Inventories
Fixed assets (net)
5,000
10,000
5,000
20,000
60,000
2,000
8,000
------
25,000
65,000
1,00,000 1,00,000 1,00,000 1,00,000
Profit and Loss Account for the year 20x4 (Rs.)
Sales
Less: Cost of goods sold (including depreciation of Rs.10,000)
Gross Profit
Less: Ollier Expenses
Income before tax
Less: Income – tax Provision
Income aftie tax
2,00,000
1,70,000
30,000
20,000
10,000
5,000
5,000

To what extent are the employees in a team/ section/ division responsible for:

Data collection to support the budget?
Developing realistic and attainable budgets for the section/ division?
Monitoring expenditure?
Using the budget to measure actual work against projected work achievements?

My textbook says that
NI(National Income)= GNP-(Net income received from rest of the world)-(Depreciation)-
(Statistical Discrepancy)-(Indirect Business Taxes)-(Business Transfer Payments)
I do not understand why (Net income received from the rest of the world) is subtracted from GNP as the definition of GNP already subtracts this amount. Shouldn't NI=GNP-(Depreciation)-(Statistical Discrepancy)-(Other adjustments)?