Financial analysis introduction?
the accountant must be concerned with more than the proper handling and reporting transaction.it is becoming increasingly adjectives for the accounting staffto be asked to review the data down keys financial desicions to brand name recommendation to government.Answers: Its like spitting on Face, Sorry to say aloud.
Here are few suggestions:
1. Give a factual description around whats financial Analysis2
2. Edit this document and add more word play and Pun so it attracts while reading
3. Give a nouns and not a Comment.
Where can i find Apple Inc. Accounting Ratios?
Answers: You won't find accounting ratios anywhere. You need to get the financial statements and use the data there to calculate whatever ratios you're interested in. Apple Inc's 2007 results are available at the link. Start from page 55.
Accounting Question - Please Help!?
Prepare an Income Statement using data nominated below:Year ended 12-31-08
Service Revenue $ 90,000
Salary Expense $ 42,000
Rent Expense $ 13,000
Supplies $ 1,000
Insurance $ 4,000
Accounts Payable $ 8,000
Supplies $ 2,000
Withdrawals by Owner $ 36,000
I enjoy the following:
Revenue:
Service Revenue $ 90,000
Expenses:
Salary Expense $ 42,000
Rent Expense, Office $ 13,000
Supplies $ 1,000
Insurance $ 4,000
Accounts Payable $ 8,000
** Not sure where to put the supplies or withdrawal by owner to get the network income. Would they go below expenses?
This probably is a stupid question, but I'm only just starting accounting and need a touch help.
Thanks immensely much!!
Answers: Supplies are included on the Net income statement as Supplies expense but owner withdrawals are not on the income statement. Owner withdrawal are included on the trial balnce, balance sheet, and owner's statement of equity.