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يغطي الواجب الدراسي TMAلمساق ACCT250بعض المفاهيم في المحاسبة و تطبيقاتها العملي ة بإس تخام االكس ل في بيئ ة
عمل الشركات (للفصول المذكورة بالخطة الدراسية)؛ ويهدف ال واجب الدراس ي ،بش كل ع ام ،إلى تق ييم فهم الط الب لبعض
مخرجات التعلم الخاصة بالكتاب المقرر ،و للتحقق ،ك ذلك ،من تمكن الط الب من تط بيق ه ذه المف اهيم أثن اء إجابت ه لل واجب
الدراسي . TMAهذا باإلضافة إلى إكساب الطالب الثقة في قدراته على تطبيق االدوات التي تعلمها في هذا المق رر على ح االت
عملية.
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ACCT250 TMA
Second Semester 2020/2021
Marks & Comments
A Map for Marks Distributing
Question Question
Comments Question
Mark Weight
30 Q1
15 Q2
20 Q3
15 Q4
20 Q5
100 Total
Deduction -
) ( ) (
ref
Marks after
100
deduction
20 Total
**** This PT3 form can be used to marking a student TMA, please see the answer key for each of
question as follow.
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Part one: Many accounting applications can be applied through Excel in business fields. Mention the
benefits of using Excel in accounting department at manufacturing and service firms with providing some
examples for the main applications that can be applied.
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.
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
1. TREND Function
2. FORECAST Function
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.
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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
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.
2. Represent the depreciation expense of the machine in the three different methods by graph (by
chart).
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.
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.
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Good Luck