L.A. County residents Bill 58, and Tian 55 plan to get married on June 1, 2016, and retire to Orange County. Bill has already transferred the base year value of his residence under Proposition 60 and California RTC 69.5. Tian plans to sell her home in L.A. for the appraised value of %500,000 on July 4, 2016 then build a dream home with Bill in Orange County. They plan to transfer their favorable property tax base year value of $95,000 to the new home and file a claim with Orange County Assessor Ricardo.a. Would they qualify to transfer the original property tax base? Discuss.b. Should they postpone the wedding?c. When must the new home be completed?d. What is the maximum allowable amount of cost overrun on the new residence?e. When is their last day to file a claim for transfer of the original tax base?

Statement of cash flow analysis(P43) For which year is the cash flows from operating activities the greatest? In which year did Apple spent the most cash to purchase long-trem assets? How much has Apple received in the last three years by selling its own stock?

Accounting Pilicies

(Notes to consoildated Financial Statement P48) How does Apple estimate its Allowance for Doubtful Accounts? What % does the allowance represent of A/R( See p41)? Calculate for the two years How do they account for their inventory? How much is inventory as a % of total assets

( See P41)? Calculate for the two years

Please use below link and solve this problem It looks like long sheet, but you don’t need to use all of them Each question I mentioned what pages should have to use

http://investorapplecom/secfilingcfm?filingid=1193125-15-356351

Sue Valentine served as executive director of Downtown Wooster, an organization created to revitalize Wooster, Ohio. Over the course of 14 years, Valentine embezzled $236,000. How did Valentine do it? She did it by depositing subscriber cash receipts in her own bank account, writing Downtown Wooster checks to herself, and creating phony entities to which Downtown Wooster wrote checks. Downtown Wooster was led by a board of directors comprised of civic leaders. Valentine s embezzlement went undetected until Downtown Wooster couldn t pay its bills.

Alexander Company pays salaries of $12,000 every Monday for the preceding 5-day week (Monday through Friday). Assume December 31 falls on a Tuesday, so Alexander’s employees have worked 2 days without being paid.

Instructions

(a) Assume the company does not use reversing entries. Prepare the December 31 adjusting entry and the entry on Monday, January 6, when Alexander pays the payroll.

(b) Assume the company does use reversing entries. Prepare the December 31 adjusting entry, the January 1 reversing entry, and the entry on Monday, January 6, when Alexander pays the payroll.

The balance sheet debit column of the work sheet for Empanada Supreme includes the following accounts: Prepaid Insurance $4,600; Cash $24,080; Supplies $6,200; Short-term Investments $7,240; and Accounts Receivable $15,670. Prepare the current assets section of the balance sheet, listing the accounts in proper sequence.CAJUN COMPANY

Work Sheet (partial)

For the Month Ended April 30, 2008 

Adjusted Trial Balance

Income Statement

Balance Sheet

Account Titles

Dr.

Cr.

Dr.

Cr.

Dr.

Cr.

Cash

14,752     

Accounts Receivable

7,840     

Prepaid Rent

2,280     

Equipment

23,050     

Accumulated Depreciation 

4,921    

Notes Payable 

5,700    

Accounts Payable 

5,972    

Common Stock 

25,000    

Retained Earnings 

8,960    

Dividends

3,650     

Service Revenue 

12,590    

Salaries Expense

9,840     

Rent Expense

760     

Depreciation Expense

671     

Interest Expense

57     

Interest Payable 

57    

Totals

62,900

62,900