Week 5 – Assignment Ilba Rodriguez ACC 205: Principles of Accounting I Prof. Theresa Murray November 16‚ 2014 Problem 1 – Liquidity ratios. A. Edison Stagg Thornton Current ratio 3.56 3.69 3.83 Quick ratio 3.06 2.78 2.5 Current ratio calculations: Edison ($6‚000 (cash) + $3‚000 (short-term investments) + $2‚000 (AR) + $1‚000 (inventory) + $800 (prepaid expenses)) / ($200 (AP) + $3‚100 (notes payable) + $300 (accrued payables)) = 3.56 Stagg ($5‚000 (cash) + $2‚500 (short-term investments) + $2‚500
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You Decide (Week 5 Assignment) Prof…. June 2015 TABLE Location 11360 Newington Ave‚ Spring Hill‚ FL 34609 12754 Seronera Valley Ct‚ Spring Hill‚ FL 34610 Square Footage 3‚498 3‚983 Lot Size 1 Acre .4 Acre Total Price $489‚750 $489‚000 Price per square foot $140 $123 Year Built 2008 2014 Style Single Family Home Single Family Home Stories 2 2 Beds 5 4 Bathroom 3 Full‚ 1 Half Bath 4 Full‚ 1 Half Bath Garages 4 car garage 3 Pool No No Basement No / slab foundation No / Slab foundation
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FIN/370 Final Examination Study Guide This study guide prepares you for the Final Examination you complete in the last week of the course. It contains practice questions‚ which are related to each week’s objectives. Highlight the correct response‚ and then refer to the answer key at the end of this Study Guide to check your answers. Use each week’s questions as a self-test at the start of a new week to reflect on the previous week’s concepts. When you come across concepts that you are unfamiliar
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Finance 317 Financial Statements Homework #1 1. Watson Oil recently reported (in millions) $8‚250 of sales‚ $5‚750 of operating costs other than depreciation‚ and $650 of depreciation. The company had $3‚200 of outstanding bonds that carry a 5% interest rate‚ and its federal-plus-state income tax rate was 35%. In order to sustain its operations and thus generate future sales and cash flows‚ the firm was required to make $1‚250 of capital expenditures on new fixed assets and to invest $300
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Week Five Reflection Summary ACC/290 Principles of Accounting Date Teacher Week Five Reflection Summary Team B In recent years there have been many highly publicized financial accounting scandals. Enron‚ WorldCom‚ and AIG are a few of the well- known corporate companies that have been involved in financial reporting scandals. United Sates regulators and lawmakers made known their concerns of mistrust in corporate accounting‚ because of unethical financial reporting. In 2002 Congress
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This file of BUS 311 Week 5 Quiz shows the solutions to the following problems: 1. A financial planner’s intentional or negligent misstatement or non-disclosure of a material fact relating to an investment is known as 2. A professional’s improper or immoral conduct in the performance of his or her duties through carelessness or lack of knowledge is considered to be 3. Countries that enact laws prohibiting trade with specific countries are said to be using: 4. Psychiatrists who
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MKTG 489 – FINANCIAL EXERCISES (AY 2015) Due as an Excel (.xls) file via Titanium prior to class EXERCISE 1 Fred Flintstone has just become the product manager for Yabba Dabba Doo‚ a consumer packaged product with a retail price of $2.00. Retail margins on the product are 33%‚ while wholesalers take a 12% margin. Yabba and its direct competitors sell a total of 40 million units annually‚ and Yabba has 24% market share of this total. Variable manufacturing costs for Yabba are $0.09 per unit. Fixed
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Numerous amounts of information can be found in an Annual Financial Report. Team A is again utilizing Wal-Mart’s Annual Financial Report to answer the questions for the week five assignment. The questions for week five dig a little deeper into the financial report than the questions for week four. We will analyze the annual financial report and realize the information it has to offer. This paper will address the following subjects-- assets listed in proper order‚ how the assets are classified‚
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Study Guide: Module/Week 5 Derived from the class textbook‚ The Essence of the New Testament: A Survey (2012)‚ and the New Testament documents. Chpater14: Ephesians – Wealth‚ Walk‚ and Warfare 1. Ephesians is a comprehensive presentation of the __________ ________ (1:22–23). 2. The apostle Paul wrote Ephesians while imprisoned in ______ from approximately AD ______ (184). 3. The key word in Ephesians is “__________” (Gk. epouranioi). 4. Know the key verse in Ephesians. 5. The city of Ephesus was
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exchange rate? A. Buy dollar. B. Buy euros. C. Sell dollars. D. Sell euros. 4. U.S. bank quotes $1.19/€ bid and $1.27/€ ask. How many euros is U.S bank effectively asking for $1 that it sells to the public? A. 1.19 B. 1.24 C. 0.79 D. 0.84 5. True or false? A hedge of a currency risk exposure should be designed to take advantage of exchange rate and interest rate discrepancies to make a profit. 6. The euro depreciates 16.67% against the dollar in one period. How much does the dollar appreciate
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