11 Questions and Answers About Accounting and Finance

Question

Follow the instructions to answer all 11 questions, if any. I need an exact answer without plagiarism. Any examples are welcome.

  1. What is EBITDA and what does it measure? Why is this so useful as an accounting/financial figure?
  2. What is the balance sheet equation? What does that mean?
  3. Explain the difference between gross margin and contribution margin.
  4. What is the basic difference between a franchise and an intellectual property license?
  5. What is the net income impact of using the accelerated depreciation method instead of the straight-line method?
  6. Which of these inventory methods (FIFO, LIFO, average cost, specific identification) most closely resembles running a real grocery store? Why?
  7. It turns out that financial statements are based on the concept of historical cost. What items are included in this cost calculation when determining the original total cost of a new device? Please give an example.
  8. What impact does each range have on total fixed costs? I will explain with an example.
  9. What is the break-even point (BEP)? What does it mean to you?
  10. Payback is one of the top three techniques for capital budget planning. What are the two main drawbacks of this method?
  11. Cherry Hill Sports Company manufactures basketballs. The company makes only one ball and sells it for $25 each. The balls are manufactured in a small factory near Collingswood and are largely hand-made, relying heavily on direct labor costs. The variable product cost (direct materials, direct labor, variable expenses at the factory) is $15 per ball and 60% of this variable product cost is direct labor. Last year, the company sold 30,000 balls with the following results:

Revenue (Revenue) (30,000 balls) $750,000

Variable product cost 450,000

Contribution Margin 300,000

Fixed Costs 210,000

EBIT/NOI 90,000

  1. Calculate the break-even point (BEP) per ball.
  2. Because of the new employment contract, the company is estimating direct labor costs. Next year it will go up by $3 per ball. Due to market competition, the company has not been able to pass on this increase in the form of higher selling prices per ball. What happens to the new Unit Contribution Margin (UCM) if labor costs increase? What is the new breakeven point (BEP) for the ball?
  3. See the original data in the task. The company is discussing building a new automated manufacturing facility that could reduce its total variable product cost per ball by 40%, but the new plant and equipment costs would double its total fixed costs. What is Ball’s new break-even point (BEP) in this scenario for a new facility?
  4. What course of action between ‘b’ and ‘c’ based on purely quantitative analysis and factors? would you recommend? Why?
  5. After performing a quantitative analysis, what do you think are the qualitative factors that might lead to different conclusions?

Calculate the price of your order

Select your paper details and see how much our professional writing services will cost.

We`ll send you the first draft for approval by at
Price: $36
  • Freebies
  • Format
  • Formatting (MLA, APA, Chicago, custom, etc.)
  • Title page & bibliography
  • 24/7 customer support
  • Amendments to your paper when they are needed
  • Chat with your writer
  • 275 word/double-spaced page
  • 12 point Arial/Times New Roman
  • Double, single, and custom spacing
  • We care about originality

    Our custom human-written papers from top essay writers are always free from plagiarism.

  • We protect your privacy

    Your data and payment info stay secured every time you get our help from an essay writer.

  • You control your money

    Your money is safe with us. If your plans change, you can get it sent back to your card.

How it works

  1. 1
    You give us the details
    Complete a brief order form to tell us what kind of paper you need.
  2. 2
    We find you a top writer
    One of the best experts in your discipline starts working on your essay.
  3. 3
    You get the paper done
    Enjoy writing that meets your demands and high academic standards!

Samples from our advanced writers

Check out some essay pieces from our best essay writers before your place an order. They will help you better understand what our service can do for you.

Get your own paper from top experts

Order now

Perks of our essay writing service

We offer more than just hand-crafted papers customized for you. Here are more of our greatest perks.

  • Swift delivery
    Our writing service can deliver your short and urgent papers in just 4 hours!
  • Professional touch
    We find you a pro writer who knows all the ins and outs of your subject.
  • Easy order placing/tracking
    Create a new order and check on its progress at any time in your dashboard.
  • Help with any kind of paper
    Need a PhD thesis, research project, or a two-page essay? For you, we can do it all.
  • Experts in 80+ subjects
    Our pro writers can help you with anything, from nursing to business studies.
  • Calculations and code
    We also do math, write code, and solve problems in 30+ STEM disciplines.

Frequently asked questions

Get instant answers to the questions that students ask most often.

See full FAQ
    See full FAQ

    Take your studies to the next level with our experienced specialists

    Chat
    Hello, we are online 24/7. Leave a message we will reply instantly