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    Practice Exam

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    BUS 305 Practice Exam 3 1) Assume the following time series data representing the number of sales per day your company’s employees make. Year-Quarter | t | Yt | 2001-1 | 1 | 17 | 2001-2 | 2 | 26 | 2001-3 | 3 | 21 | 2001-4 | 4 | 15 | 2002-1 | 5 | 19 | 2002-2 | 6 | 18 | 2002-3 | 7 | 21 | 2002-4 | 8 | 23 | a) Use Applet #16 to calculate the seasonal index numbers for the four quarters. b) Interpret what each of the four indices you computed in (a)

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    Financial Accounting Course Objectives: This course introduces the fundamentals of financial accounting to graduate students. Throughout the course‚ communication skills will be emphasized. After completing the course‚ a student is expected to understand how accounting information is produced‚ interpret and analyze financial statements‚ communicate firms’ financial health and appreciate ethical issues in accounting. Since the course content will be approached from the perspective of a user‚ rather

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    Financial Accounting

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    1. a) Net Income = 135‚750$ b) OCF = 155‚000$ 2. a) Equity Value = Net fixed assets – long-term liabilities 2006: $3600 2007: $3240 b) Net working capital = (current asset– current liabilities year 1) Change = (CA-CL of years 1) – (CA-CL of year 2) = 972-727 = 245 3. Common Size Income Statement: Sales/Revenue = 100% Cost of Goods Sold = 65.3% Depreciation = 13% Earnings before interest and taxes = 21.64% Interest Paid = 16.32% Taxable income = 53.25% Taxes (34%) = 1.8%

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    Financial Accounting

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    Name: Final Summer 2013 Ex. 198 Use the following information to perform the calculations below (using the indirect method). Clearly label the amount of each answer as positive or negative and show all your calculations. Net income $369‚000 Beginning accounts payable $119‚000 Depreciation expense 97‚000 Ending accounts payable 146‚000 Beginning accounts receivable 420‚000 Purchase of long-term assets 612‚000 Ending accounts receivable 439‚000 Issuance

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    Financial Accounting

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    Handout Problem (For the second assignment) You just turned 35 years old and you are looking to save for retirement. You are planning on making yearly deposits starting next year for the next 30 years (a total of 30 annual deposits with the first deposit occurring on your 36th birthday and the last deposit on your 65th birthday). One year after you make your last deposit‚ you will begin making withdrawals to fund your living expenses. Since your current yearly expenses are $45‚000‚ you expect

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    practice exam

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    Practice Supply and Demand Questions 1. If the price of chocolate-covered peanuts increases from 40 cents to 50 cents‚ Dan will reduce his quantity demanded from 160 bags to 140 bags due to: a) The law of demand b) The law of supply c) A decline in his income d) A change in his tastes and preferences 2. An increase in demand‚ all other things unchanged‚ will result in a(n)_______ in price and a(n)_______ in quantity. a) Increase; decrease b) Decrease; decrease c) Decrease; increase d)

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    Financial Accounting

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    Learning Task Number Four The Henry Furniture Co. is a new company and has numerous fixed assets that need to be depreciated. You can help Henry by determining the depreciation rates for the assets and the amount of depreciation for year one. The assets were purchased at various times during the year (hint: watch out for the dates). The following assets will be held by the company for at least the next two years (In other words‚ year two will be a full year for all of the assets). Please fill

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    Chapter 9 Which of the following statements is correct? | | Unfavorable cost variances always indicate bad performance. | | Favorable cost variances always indicate good performance. | | Both of the above statements are correct. | | Neither of the above statements are correct. | Managers should not assume that unfavorable cost variances always indicate bad performance and that favorable cost variances always indicate good performance. Unfavorable cost variances may result from

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    generalized from a sample to a population. D) of all of these reasons. 6. What is the median of the following distribution of scores: 1‚ 3‚ 7‚ 7‚ 2‚ 8‚ 4? A) 1 B) 2 C) 3 D) 4 7. Bob scored 43 out of 70 points on his psychology exam. He was worried until he discovered that most of the class earned the same score. Bob’s score was equal to the A) mean. B) median. C) mode. D) range. 8. The football team’s punter wants to determine how consistent his punting distances

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    Exam Practice

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    Faculty of Business Environment and Society Module No: 307MKT Module: Global Marketing 2012-2013 Coursework: Beauty is in the eye of the beer-holder. Expanding the premium beer brand to UK: the case of Peroni [Contributes 25% to total module mark] Case study attached‚ with questions at the end of case study. Submission by 4pm on Monday‚ 25 February 2012 Details of the arrangements for coursework submission are set out in the document "Coursework Submission". If

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