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1.البرنامج :
المحاسبة (
باللغة العربية )
2.المسار :
Computer
Application
s in
Accounting
3.رمز المساق : ACCT250
الم
عي
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العلمة إجمالي
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LMSمتاح على ( PT3
نموذج
للواجب
صفحة العناوين والمحتويات المحتوي
ات
TMAالواجب الدراسي
– Harvard referencing styleيتم تسجيلها وفقًا لنظام هارفرد للفهرسة قائمة المراجع
LMSمتاح على
عدم اللتزام بهذا الشرط قد يترتب عليه خصم 4علمات على الكثر من أصل 100علمة هي إجمالي
.TMAعلمة الواجب الدراسي
2
TMA أسئلة الواجب الدراسي
Part one: Many accounting applications can be applied through Excel in business fields. Mention the
benefits of using Excel in accounting department at financial firms and Banks with providing some
examples for the main applications that can be appli
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5. Customer discounts can be calculated based on monthly purchase volume
by product.
6. Customers' revenue can be summarised by product
Part Two: provide a numerical example for using GROWTH function for prediction the expected number of
units to be sold and the expected sales value in dollar based on actual number of unit sold.
1. Fill the last 8 quarters with your past sales, as seen below.
Your expected sales will be a straight line with no variations if you take
Seasonality out of the equation. We can all agree that this is unrealistic
and unreliable, yet it is an effective way to learn the fundamentals.
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3. The Sales (Projections) column is filled in automatically.
The value for Quarter #9 is $237.86, and the computations continue until
the value for Quarter #16 is $319.11:
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Question Two: ……………………………………………………………………………………………………………………… (15 marks)
Explain in brief the mean and the usefulness for each of the following functions in accounting with
provides an example for each one.
1. GEOMEAN function
2. PV function
3. TREND Function
Trend function in Excel is a Statistical Function that
computes the linear trend line based on the given
linear set of data.
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It uses the least square method to calculate the predictive values
of Y for given array values of X. It is based on two data series.
The Trend function in Excel returns numbers in a linear trend that
match known data points, that is, existing data on which the trend
in excel predicts the values of Y based on the values of X. The
data on which the trend in excel predicts the values of Y based on
the values of X must be linear data.
4. FORECAST Function
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Question Three: ……………………………………………………………………………………………………………………… (20 marks)
Income Statements for Xcel Energy from 2011 to 2013 appear below.
Required:
a. Enter the data into your worksheet. Assume that Cost of Revenue and Operation and
Maintenance costs are variable. Depreciation and Other operating expenses are fixed costs. Ignore
Other income when calculating EBT for the questions below.
b. Given that Xcel Energy is a power company, would you expect that it would have more
operating leverage or financial leverage?
c. Calculate the degree of operating leverage for each year using the assumptions from part a.
d. Calculate the degree of financial leverage for each year.
e. Calculate the degree of combined leverage for each of the three years. Does it appear that Xcel’s
leverage measures have been increasing or decreasing over this period?
f. Create a line chart that shows how the various leverage measures have changed over this three-
year period
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55 28 15
Amman Company on January1, 2016 purchased machine for 80000 JD with an estimated life 6 Years and
estimated residual value of 8000 JD.
Required
1. By using Excel create a new worksheet name “Depreciation Expenses” and entered the previous
data on it, then insert necessary equations and functions in related cells to calculate depreciation
expense, accumulated depreciation and carrying value of machine using three methods (straight-
line, sum-of-the-Year’s- Digits and the Double Declining method) for the six years.
summary of
description
sum of
double
Year Sum. digits decline
2016 12,000 20,571
24,000
2017 12,000 17,143
16,000
10
2018 12,000 13,714 10,667
2019 12,000 10,286 7.111
2020 12,000
2021 12,000 6,857 4,741
3,429 3,160
2. Represent the depreciation expense of the machine in the three different methods by graph (by
chart).
Chart Title
25000
20000
Question Five:
15000
10000
5000
1 2 3 4 5 6 7
Meyerson’s Bakery is considering the addition of a new line of pies to its product offerings.
However, the following scenarios could be faced by this Bakery for the new line:
First scenario: It is expected that each pie will sell for $17 and the variable costs per pie will be
$11. Total fixed operating costs are expected to be $25,000. Meyerson’s faces a marginal tax rate of
25%, will have interest expense associated with this line of $3,500, and expects to sell about 4,500
pies in the first year.
Second scenario: It is expected that each pie will sell for $15 and the variable costs per pie will be
$9. Total fixed operating costs are expected to be $20,000. Meyerson’s faces a marginal tax rate of
35%, will have interest expense associated with this line of $3,000, and expects to sell about 4,000
pies in the first year.
Required:
a. Create an income statement for the pie line’s first year for both scenarios. Is the line expected to
be profitable under which scenarios?
b. Calculate the operating break-even point in both units and dollars for each scenario.
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c. Under the first scenario, How many pies would Meyerson’s need to sell in order to achieve EBIT
of $20,000? (EBIT = Earnings Before Interest and Taxes).
d. Under the second scenario, How many pies would Meyerson’s need to sell in order to achieve
EBIT of $15,000? (EBIT = Earnings Before Interest and Taxes).
e. Use the Goal Seek tool to determine the selling price per pie that would allow Meyerson’s to
break even in terms of its net income.
a)
60
00
Sales 0
36
00
Variable Cost 0
20
00
Fixed Cost 0
Earning Before
interest and 40
Taxes 00
30
Interest Expenses 00
Earning Before 10
Tax 00
35
Taxes 0
65
Net Income 0
Additional Data
Estimate Pie Sale 40
12
in Units 00
Price per Pie 15
Cost Per Pie 9
35
Tax Rate %
b)
Units
3333.33
Dollar 3333
50000
C)
(20000+15000)/6= 5833,33
D)
Net income.
650
Sales price
15
e)
Contribution/ EBIT 24
DOL
Good Luck
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