Category: Accounting

Preparing a detailed tax memo focusing on Question 3 from our provided case study. This task requires careful reading and comprehension of the case materials to ensure a thorough and accurate response.
Instructions for the Tax Memo:
Thorough Reading:Begin by carefully reading the entire case study to fully understand the context and specifics surrounding Question 3. This will ensure that your response is well-informed and relevant to the scenario presented.
Focus on Question 3:Your primary task is to analyze and respond specifically to Question 3. Extract all relevant facts.Is in TAX MEMO FORMAT
ANY QUESTION LET ME KNOW

Here is the accounting project template.  It has the name of the company listed on the top of the document(do it for Nike) use the link to get the information for each answer and put your answers under each question.  Don’t delete the questions.  Instead, put the answers under each question. email me the entire file using Microsoft Word

Review the scenario and watch this week’s videos before you complete the activity below. This scenario can also be found in the “Problems – Series A” section 10-19A of Ch. 10, “Planning for Capital Investments” of Fundamental Managerial Accounting Concepts.
Scenario: Dwight Donovan, the president of Donovan Enterprises, is considering 2 investment opportunities. Because of limited resources, he will be able to invest in only 1 of them. Project A is to purchase a machine that will enable factory automation; the machine is expected to have a useful life of 4 years and no salvage value. Project B supports a training program that will improve the skills of employees operating the current equipment. Initial cash expenditures for Project A are $400,000 and for Project B are $160,000. The annual expected cash inflows are $126,000 for Project A and $52,800 for Project B. Both investments are expected to provide cash flow benefits for the next 4 years. Donovan Enterprises’ desired rate of return is 8 percent. Your task as Senior Accountant is to use your knowledge of net present value and internal rate of return to identify the preferred method and best investment opportunity for the company and present your results to Dwight Donovan.
Use Excel®—showing all work and formulas—to compute the following:
Compute the net present value of each project. Round your computations to 2 decimal points.
Compute the approximate internal rate of return for each project. Round your rates to 6 decimal points
Create an 8- to 12-slide PowerPoint® presentation showing the comparison of the net present value approach with the internal rate of return approach calculated above. Complete the following in your presentation: 
Analyze the results of the net present value calculations and the significance of these results, supported with examples.
Determine which project should be adopted based on the net present value approach and provide a rationale for your decision.
Analyze the results of the internal rate of return calculation and the significance of these results, supported with examples.
Determine which project should be adopted based on the internal rate of return approach and provide a rationale for your decision.
Determine the preferred method in the given circumstances and provide reasoning and details to support the method selected.
Synthesize results of analyses and computations to determine the best investment opportunity to recommend to the president of Donovan Enterprises.
Cite references to support your assignment.
Format your citations according to APA guidelines.
Submit the Excel spreadsheet along with the presentation.

15 page APA-formatted paper (excluding the title and references pages) please provide your response to the seven questions at the end of the case study. Paper should be double-spaced 12 pt. Arial or Times New Roman and include a minimum of three references

Using the Internet or Strayer databases, go to the FASB websiteLinks to an external site. and other resources to research the disclosure of postretirement health care and life insurance benefits.
Write a 4-6 page paper in which you:
Based on your research, compare and contrast the early historical accounting for postretirement health care and life insurance benefits with the guidance or rules in place today.
Based on your research, make at least two recommended changes to the guidance or rules that you believe would improve the financial accounting and reporting of the benefits in question. Provide support for your recommendation.
Predict the significant way the future of accounting for these benefits could change, based on potential changes in the business and political climate that you foresee. Provide support for your predictions.
Create a scenario in which at least two types of postretirement health care and life insurance benefits change. Predict the potential impact of these changes on financial accounting and reporting practices.
Develop an argument that supports your proposed changes in Question 4. Next, create correspondence to your chief financial officer in which you justify your position.
Use at least three quality academic resources in this assignment. Use the Strayer Library to conduct your research. Note: Wikipedia and similar websites do not count as quality references.

The project should be 2 to 4 pages, double-spaced, with a minimum word length of 300 words. Please carefully read all the instructions and respond to all the questions provided in the material. This project will be graded following the rubric also provided in the attachment. In the next weekly module (Week 3), a place will be provided for you to submit this project, and you may submit your work as early as Monday

Complete the following on the Data tab of the Pastas R Us data file:
Calculate “Annual Sales” for each restaurant. Annual Sales is the result of multiplying a restaurant’s “SqFt.” by “Sales/SqFt.” The first value has been provided for you.
Calculate the mean, standard deviation, skew, 5-number summary, and interquartile range (IQR) for each of the variables. The formulas and the first results have been provided for you.
Create a boxplot (sometimes referred to as a box and whisker chart) for the “Annual Sales” variable.
Create a histogram for the “Sales/SqFt” variable.
Respond to the following questions on the Questions tab of the Pastas R Us data file:
Does the annual sales boxplot look symmetric?
Would you prefer the IQR instead of the standard deviation to describe the dispersion of the annual sales variable? If so, why?
Does the histogram show that the sales per square foot distribution is symmetric?
If the sales per square foot distribution is not symmetric, what is the skew?
If there are any outliers, which one(s)? What is the “SqFt” area of the outlier(s)?
Is the outlier(s) smaller or larger than the average restaurant in the data? What can you conclude from this observation?
What measure of central tendency may be more appropriate to describe “Sales/SqFt”? Why?

Use the uploads attached to answer all the questions about the company AMAZON inc. No plagiarism. I will TIP and REVIEW you based on grade given so please do the work correctly and answer all questions thoroughly and precisely showing work and giving explanations. I already did the fsap template so just use it to answer the questions. I attatched both the fsap template for amazon and the questions. pleaseeeeee do not accept the question if you can not do it.

Capital investment decisions are based on accurate analysis of cash flows in a business. Managers can choose from several analytical techniques to analyze cash flows. Some techniques take into account the time value of money and some do not.
Respond to the following in a minimum of 175 words:
Briefly describe 2 analytical techniques based on the time value of money concepts.
Briefly describe 2 analytical techniques which are not based on the time value of money concepts.
Describe what you consider to be the top 2 advantages and 2 disadvantages of each technique and provide an example to support your top advantage of each method.

open your own QuickBooks Bookkeeping and Accounting Service. You plan to provide bookkeeping and accounting services to small business clients.
Form your business by completing the business setup in QuickBooks.
Company name is your name
Tax id is 123-45-6789
Organization can be sole-proprietorship
Address is 100 College Avenue, Kentfield CA
Phone is 415-999-8000
Select the appropriate industry
Fiscal year starts in January
Use Kentfield1 as a password if necessary
2) To get your business going, on May 1, 2024, you invest $4,000 into your business and borrow $6,000 from an investor, at 10% interest, the note and interest are due in one year. Your investor tells you that one of the conditions for the loan is that you send her monthly accrual (GAAP) based financial statements. Then you open a checking account at your local bank and get a business credit card.
3) On May 2, you open an account and send a purchase order to Staples in San Rafael, you purchase a macbook ($1,750), a desk ($350), a chair ($150) and get business cards printed for $75. You decide your fixed assets have a useful life of three years and no salvage value.
4) On May 3, you run an advertisement on a website of your choice for Bookkeeping services, they bill you $350, the terms are net 20.
5) Also on May 3, you purchase a cell phone and sign up for Verizon Wireless unlimited 5G basic plan for $80 per month, plus $22.22 per month for an iphone 14. You pay the upfront cost of $235 using your credit card. 6) On May 4, you receive the macbook and chair from Staples along with an invoice for them, terms are net 30.
7) On May 5, you sign up for “Quickbooks Online Accountant”
8) On May 6, you run another advertisement on a different website of your choice for Accounting services, they bill you $350.
9) On May 6, Bill Williams hires you to complete entering his March and April transactions. You start work that day. The company’s name is Bill’s Automotive, 23 San Rafael Avenue, San Rafael CA 94901. His phone number is 415-759-5674. You provide terms of net 20. Your hourly rate is $45. During the week of May 6, you work: Tuesday 6 hours, Wednesday 5 hours, Thursday 5 hours and Friday 7 hours.
10) On May 10, you send an invoice to Mr. Williams for your work.
11) On May 11, you decide that you need some professional liability insurance. You talk to your agent Tom Smith who advises you to purchase $1 million of liability coverage from Nationwide Insurance. You take his advice and purchase the policy with an effective date of May 1. The premium is $1,800 for a year, he provides you with an invoice, it is due within 10 days.
12) On May 10, Wendy O’Grady hires you to enter transactions for April and May for her construction company: O’Grady Construction, 474 Sir Francis Drake Blvd, Larkspur CA, 415-789-5431. You work 8 hours on Monday and Tuesday, 6 hours on Wednesday, 4 hours on Thursday. Your rate is $40 per hour.
13) On May 15, you pay both your advertising bills, your Staples bill and your insurance premium.
14) On May 15 you follow up with Staples on the desk and business cards you ordered they tell you the cards should be received within a week but the desk is backordered.
15) On May 17, you send Ms. O’Grady an invoice. Terms are net 10.
16) On May 18, Ms, O’Grady asks you to help her prepare for her upcoming audit you work three 8 hour days and charge $100 per hour (Accounting).
17) On May 19, you receive the business cards you ordered from Staples along with the invoice
18) On May 20, you receive payment in full on your first invoice to Bill’s Automotive.
19) On May 21, Dewey, Snatchem and Howe hires you to keep their books for three months (May, June and July). They prepay you $6,000 to do the work. Your contact is Bob French Esq. The firm’s address is 530 Fourth Street, Suite 400, San Rafael CA 94901. Phone number is 415-569-3500. You expect the amount of work to be about the same each month and no work has yet been done on the books in May.
20) On May 21, you hire your BUS 115 classmate as a contractor and agree to pay him / her $35 per hour, to be paid at the end of each week. He/she works Wednesday 7 hours, Thursday 6 hours and Friday 8 hours, on your Bills automotive account. You plan to bill Bills Automotive $45 per hour for the work.
21) On May 22, you work 10 hours completing and reconciling the books for D&H Advertising Agency of Corte Madera. Your contact is D. Harris, her phone number is 415-970-3579. You invoice Ms. Harris $50 per hour, terms due on receipt.
22) On May 23, you receive payment in full on your first invoice to O’Grady Construction.
23) On May 24, D&H Advertising asks you to update their books through May 15, you invoice them for 10 hours work on the 25th.
24) On May 26, you meet a potential client (Steve Smith) for lunch at Sol Food, you pick up the $36 tab.
25) On May 27, you receive payment on the D&H Advertising invoice from 12/23.
26) On May 26, 27 and 28 you spend 3 hours each day reconciling the April bank accounts for D&H Advertising, and 5 hours each day updating O’Grady Construction books through May 22. You send an invoice to each client upon completing the work.
27) On May 29, Steve Smith of Smith & Smith, 32 San Francisco Ave, San Anselmo (415) 983-7689 asks you to complete his businesses bank reconciliation for April, this takes you 3 hours and you bill him, with net 10 terms, at $40 per hour.
28) On May 30, you spend $375 on office supplies at Staples on account.
29) On June 1, you prepare your company’s financial reports listed below as of May 31, 2024
May trial balance,
adjusting entries,
adjusted trial balance,
balance sheet, noting your firm’s current ratio (measure of liquidity) (current assets divided by current liabilities)
income statement by class and with % of income columns added – noting net profit margin
cash flow statement
sales by customer report noting who is your best customer
and export all reports to one Excel workbook.