This website uses cookies to ensure you have the best experience. Learn more

Stern Corporation Essay

514 words - 3 pages

This is what we reviewed in class: Entry number Account (1) Cash Accumulated Depreciation- FM Factory Machinery (2) Tools used Expense Tools Inventory (3) Depreciation Expense-Automotive Accumulated Depreciation-Automotive Cash Accumulated Depreciation- Automotive Loss on sale Automotive equipment (4) Patent Amortization Expense Patent (5) Cash Accumulated Depreciation – OM Gain on sales Office Machines (6) Depreciation Expense-Furniture Accumulated Depreciation-Furniture Cash Accumulated Depreciation-Furniture Furniture and fixtures Gain on sales Now we need to finish the general ledger, number 7 The book states the following rates (all in percentages) Asset Building Factory machinery Furniture and fixtures Automotive equipment Office machines Factory Machinery ...view middle of the document...

Cr. $398,779.28 $48,105.18 $330,935.20 $5,599.40 $9,988.80 $4,150.70

That way we can now calculate the amount we need to add to the depreciation on dec 31, 2005 Accumulated depreciation calculations Factory machinery (1) $27,367.0 (7) $330,935.2 $303,568.2 $4,809.0 Furniture and fixtures (6a) $432 (6b) (7) $37.0 $5,599.0 $5,204.0 (6) Office machines $1,027 (7) $4,151.0 $3,124.0 (3b) Automotive equipment $5,458 (3a) (7) $278 $9,989

The values in yellow are the amounts we need to add to 2005 depreciation. The values we got for the assets values (book value) where correct (we needed to subtract the sale amount - entries) Finally the net value is calculated by subtracting the accumulated depreciation from the actual book value Book value 2005 $186,563 $2,405,259 $3,425,585 Actual book value $186,563 $2,405,259 $3,394,352 Acc dep 2005 ------$663,379 $1,642,358 Acc dep changes ------$48,105 $303,568 Accumulated depreciation ------$711,484 $1,945,926 Net value $186,563 $1,693,775 $1,448,426

Land Building Factory machinery

Furniture and fixtures Automotive equipment Office machines Tools Patent

$56,484 $58,298 $42,534 $53,444 $45,000

$55,994 $49,944 $41,507 $53,444 $45,000

$40,400 $37,156 $28,005 -------------

$5,204 $4,809 $3,124 -------------

$45,604 $41,965 $31,129 -------------

$10,390 $7,979 $10,378 $53,444 $45,000

Other assignments on Stern Corporation

Mgt216 Essay

714 words - 3 pages The first ethical issue presented in the ethics game simulation was whether to warn consumers about the contaminated product and what information to provide consumers about the contaminant. The second ethical issue was whether to sell a product that does not meet U.S. safety requirements in a foreign market that has lower safety restrictions. G-BioSport was not required to meet prior approval from the Federal Drug Administration before they

Economy Effect Of Marijuana Essay

277 words - 2 pages Modern American History by Alan Renga 2nd Mid Term! You will be given 3 Short Essay questions and 20 Multiple Choice questions deriving from this list! 80 points total! The 1920s Warren Harding then Calvin Coolidge Tea Pot Dome 1st Red Scare Immigration Restriction, Sacco and Vanzetti Langston Hughes, Marcus Garvey, KKK Prosperity, advertising Prohibition, Al Capone Flappers, Clara Bow, Rudolph Valentino Babe Ruth, Jack Dempsey

The Vc Shakeout

2033 words - 9 pages ECONOMY 26 Luring a big firm to town is not the secret to job growth DEFEND YOUR RESEARCH 30 Are morning people wired for success? VISION STATEMENT 32 The social web’s east-west divide COLUMN 38 Warren Bennis looks back on his surprising path to fame New Thinking, Research in Progress New Thinking, Research in Progress FIRST The VC Shakeout Venture capital hasn’t worked for a decade and must be radically

Hospitals Paper

6014 words - 25 pages . Frist Jr. made their own management company and named it Hospital Corporation of America or as it is known today HCA. Thus the first for-profit hospital was born and the beginning of a new view of hospitals was started. At first the idea of a for-profit hospital didn’t sit well with people because they thought that healthcare service should be exactly that, “service”, but HCA was using its capital to invest in hospitals in underprivileged

Course Syllabus

2610 words - 11 pages [pic] COURSE SYLLABUS Semester: Fall, Year: 2012  College Mission Statement Richard J. Daley College provides high-quality education which leads to academic success, career development, and personal enrichment that fulfill diverse community needs. Mathematics Department Mission Statement Our mission is to deliver excellent service and to provide learning opportunities by offering a wide range of mathematics courses, which will help our


1477 words - 6 pages Boeing Management Planning Heather Oetzel MGT 330 October 22, 2012 Joe Cheng Abstract Boeing is known as “the world’s leading aerospace company and the largest manufacturer of commercial jetliner and military aircraft combined ("The Boeing Company: About Us", 2012). Every company uses different types of management techniques including how the planning function of management is used. Planning allows organizations to develop how the

Assisted Suicide

1015 words - 5 pages Should physician-assisted suicide be legal? While I believe if one chooses to end his or own life through physician assistance for reasons that they chose, the choice should be up to the individual. Physician-assisted suicide should be at one's discretion. “Assisted Suicide, also called Voluntary Euthanasia, is currently a contentious issue in many countries. Because Euthanasia is legal in a few modern democracies: the Netherlands, Belgium

Tanglewood Case 1

797 words - 4 pages Tanglewood’s staffing strategy requires the organization to make key decisions about the acquisition, deployment, and retention of the organization’s workforce. In order to accomplish this, Tanglewood’s must make thirteen decisions regarding its staffing levels and its staffing quality. One of the first decisions that Tanglewood needs to choose is to acquire or develop talent. Tanglewood should try to develop their current talent because one


1391 words - 6 pages Есе по въпроса: Кои от всички „действащи” лица могат да се разглеждат като морално отговорни и в какво именно? по казуса Форд „Пинто” Корпоративните злодеяния са нанесли повече вреди на обществото от всички улични престъпления взети заедно. Според данни на ФБР сумата от уличните престъпления възлиза на $3.8 млрд. годишно, а загубите от корпоративните измами между $100 млрд. и $400 млрд. годишно

The Penis

1052 words - 5 pages The short story ”The Penis” is written by Hanif Kureishi. The short story is about a penis, which has been separated from its owner Doug, who we hear from later on. At first though we hear about a guy called Alfie who was “a cutter – a hairdresser – and had to get to work”. He is having breakfast with his wife, when she asks him what he did last night, and if he had a good time last night? Alfie can not remember what he did last night, he then

Managed Care Paper

543 words - 3 pages Managed Care and Case Management Care Marvin Lloyd BSHS/402-Case Management 27 August 2012 Virgil Miller Managed Care are techniques employed to help reduce the cost for providing health benefits and a system for improving organizations quality of care

Similar Documents

Due Professional Care And Due Diligence

516 words - 3 pages well as professional care and due diligence. The Ultramares v. Touche & Co. case of 1931 is a great example of the inherent risks of the CPA profession. Even though that Touche & Co. audit services would be used to obtain financing, they did not know who ultimately would be financing Fred Stern & Company. The New York State Appeals Court, for failing to see the deliberate misrepresentations on the company’s account receivable

Walmart Batting Essay

953 words - 4 pages conference of black legislators. In one sense, all of this is predictable: With annual sales of $288 billion and 1.6 million employees, Wal-Mart is now the world's biggest corporation. Its footprint on American communities and retailing is so vast that some opposition to its tactics is virtually inevitable. Current debates about proposed Wal-Mart stores in Cornelius, Gresham and Beaverton -- with the typical protests by many local citizens and smaller

Hovertec Essay

3159 words - 13 pages I. INTRODUCTION Hovertec Corporation is the famous corporation in England, Scotland and Northern Ireland, which has been manufacturing civilian and military helicopters for nearly 50 years. The profit during 1990 before taxation exceeded £16.5 million and the total sales of over £280 million. Most of 6000 people work in three manufacturing plants. However, the latest technology used in these production and assembly processes, is a relatively

Export Business Essay

5011 words - 21 pages Welt 213,887 Mon-Fri 231,371 Sat Main quality newspapers – weekly Die Zeit (Friday) 494,544 Welt am Sonntag (Sunday) 423,171 Main popular newspapers Bild (Daily) 4,590,068 Bild am Sonntag (Sunday) 365,583 Top circulating magazines Womens’ magazines Bild der Frau (weekly) 2,094,366 General interest 1,352,226 Stern (weekly) Political/news magazines Der Spiegel (weekly) 1,174,474 TV magazines Hörzu (weekly) 3,008,544 Business Capital (monthly