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Monday, March 4, 2019

Boeing Company Essay

1.2) Boeing Company is the largest manufacturer of commercial aircraft in the unify States and is a major employer in Seattle, Washington. Explain why each of the hobby individuals or organizations would be pleaseed in financial in mannequination somewhat the phoner.a. California Public Employees Retirement System. One of the worlds largest subvention funds. They would be interested in Boeings financials to try out how much the company contributes to their employees 401K plans.b. Chinese Airlines, a rapidly growing airline component part the Pacific Rim. Seeing the amount of sales that Boeing has, shows the reliability in their harvesting through increased sales numbers.c. Henry James, a real country investor considering building apartments in the Seattle area. Increased sales would mean the hiring rate would go up to meet workflow demands. This would be valuable because employees would need to relocate and would be looking for housing.d. Boeings managementReviewing the co mpanys financials allows the management to see where their losing or gaining money. It also allows them to assess in what areas they could possibly make investments.e. international Aerospace Machinists, a labor union representing many Boeing employees. This organization would find interest in their financials to make sure that the compensation of the employees is fair. In most cases when a union is involved, there is a percentage of compensation that has been agreed upon.1.7) fiscal accounting (i)Management accounting (h)Financial reporting (g)Financial statements (f) general-purpose assumption (b)Integrity (c )Internal control (e)Public accounting (d)bookkeeping (a)2.3A Goldstar communication theory was organized on celestial latitude 1 of the current category and had the following account balances at December 31, listed in tabular form Early in January, the following proceedings were carried out by Goldstar Communications 1. Sold capital stock to owners for $35,000.2. Purchas ed land and a small daub building for a total price of $90,000, of which $35,000 was the nourish of the land and $55,000 was the value of the building. Paid $22,500 in cash and signed a note payable for the remaining $67,500. 3. Bought several computer systems on credit for $9,500 (30-day open account). 4. Obtained a loan from Capital Bank in the amount of $20,000. Signed a note payable. 5. Paid the $28,250 account payable due as of December 31. Instructionsa. List the December 31 balances of assets, liabilities, and owners equity in tabular form as shown. b. Record the effects of each of the five transactions in the format illustrated in Exhibit 211 . turn up the totals for all columns after each transaction.

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