PART I MULTIPLE CHOICE QUESTIONS Use the following information for questions 1-4: Seasons Construction is constructing an office building under contract for Cannon Company. The contract calls for progress billings and payments of $1‚240‚000 each quarter. The total contract price is $14‚880‚000 and Seasons estimates total costs of $14‚200‚000. Seasons estimates that the building will take 3 years to complete‚ and commences construction on January 2‚ 2014. 1. At December 31‚ 2014‚ Seasons estimates
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Global Strategy and Policy Chapter 6 Review questions. - Name _________________Points ___________Grade_____ 1. Whenever an organization diversifies‚ it represents investing a stockholder’s funds in a way in which the individual investor is unable. True (p. 198) 2. When firms diversify into unrelated businesses‚ the primary potential benefits are horizontal relationships‚ i.e.‚ businesses sharing tangible and intangible resources. False (p. 198) 3. Similar businesses working
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Dusti Austin Chapter One Business Now: Change Is the Only Constant Review Questions What factors contribute to the rapid pace of change in business? Is the pace likely to accelerate or decrease over the next decade? Why? Factors that contribute to the rapid change of pace in a business include acceleration with entrepreneurships‚ understanding the market‚ conducting long term profits‚ evaluating risks‚ and also their business avoids pitfalls. The pace for a business will have their ups and
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Chapter 1 Review Questions The financial statements most frequently provided include all of the following except the: statement of retained earnings An effective process of capital allocation is critical to a healthy economy‚ which: promotes productivity‚ encourages innovation‚ provides an efficient and liquid market for buying and selling securities Challenges facing financial accounting include all of the following except: financial measurements All of the following are objectives of
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(Page 112) 3-1 to 3.7‚ 3-1 Greene Sisters has a DSO of 20 days. The company’s average daily sales are $20‚000. What is the level of its accounts receivable? Assume there are 365 days in a year. Answer: Day Sales Outstanding= Receivables / Average Sales per day AR = 20 X $20000 = $400‚000 3-2 Vigo vacations has an equity multiplier of 2.5.The company’s assets are financed assets with some combination of long-term debt and common equity. What is the company’s debt ratio? Answer: The
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Chapter 1 Discussion Questions 14) No longer the domain of technical personnel‚ information systems are the business of every professional because information systems has became the simplest way and the most efficient 15) as a business professional your involvement in in information systems and projects would be to organize and carry out the projects. 16) Yes. Because even word documents and emails can already be spoken through speech reorganization. It needs to develop some more
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Answers to Questions for Review 1. (Market Structure) Define market structure. What factors are considered in determining the market structure of a particular industry Market structure refers to the important features that determine the level of competition in an industry. These factors include (a) the number of buyers and sellers‚ (b) the products degree of uniformity‚ (c) the ease with which new firms enter or old firms exit the market‚ and (d) the ways in which firms in the industry compete
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Chapter 6 Review Questions 1. Coral reefs are elaborate networks of crevices‚ ledges‚ and holes made up of calcium carbonate; coral polyps are tiny animals that build coral reefs by secreting a crust of limestone around their bodies that accumulate once multiple polyps die. Coral reefs help moderate atmospheric temperatures by removing CO2 from the atmosphere‚ act as natural barriers that help protect 15% of the world’s coastlines from erosion by battering waves and storms‚ provide habitats for
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and delivers their expertise in whatever section the analyst is analysing. Along with this‚ the system analyst must have good interpersonal communication and relation skills in order to have effective communication/relation with the stakeholders. 3) Who are the typical stakeholders in an information system? What are they roles? Besides the system analyst‚ the major players in an information system is the project manager‚ the system owners‚ designers‚ builders and users. The project manager
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Review Questions pgs. 124-125‚ #1-23 (odd) 1. b 3. c 5. Wien’s law explains that objects of different temperatures emit spectra that peak at different wavelengths. Hotter objects emit shorter wavelengths‚ thus appearing bluer‚ whilst colder objects emit longer wavelengths‚ appearing redder. A star’s surface temperature can be deciphered using this method by seeing its color and surmising the amount of heat it’s giving off. 7. Wien’s law states that the peak of the emission spectrum
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