Quiz Questions for Chapter 9 1. A truck was purchased for $25‚000. It has a six-year life and a $4‚000 salvage value. Using straight-line depreciation‚ what is the asset’s carrying value (book value) after 2 1/2 years? a. $8‚750. b. $12‚250. c. $14‚583. d. $16‚250. 2. On January 1‚ 2003‚ Superior Landscaping Company paid $17‚000 to buy a stump grinder. If Superior uses the grinder to remove 2‚500 stumps per year‚ it would have an estimated useful life of 10 years and a salvage value
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SWOT analysis be helpful to Inditex executives? To Zara store managers? Zara is owned by the Spanish fashion retail group Inditex SA. They recognizes that success in the fashion world is based on a simple rule which is getting products to market quickly which involves a clear and focused understanding of fashion‚ the ability to adapt quickly to trends‚ technology‚ and their market. SWOT analysis is helpful to all businesses‚ Inditex executives‚ and Zara store managers because it is an analysis of
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CHAPTER 8 Cost-Volume-Profit Analysis ANSWERS TO REVIEW QUESTIONS 8-1 a. In the contribution-margin approach‚ the break-even point in units is calculated using the following formula: Break-even point = fixed expenses unit contribution margin b. In the equation approach‚ the following profit equation is used: sales volume ⎞ ⎛ unit variable sales volume ⎞ ⎛ unit fixed ⎜ ⎟ −⎜ ⎟ − ⎜ sales price × ⎟ ⎜ expense × ⎟ expenses = 0 in units ⎠ ⎝ in units ⎠ ⎝ This equation is solved for the sales volume in
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Chapter 8: Usefulness of Accounting Information to Investors and Creditors Instructor’s Manual CHAPTER HIGHLIGHTS Chapter 8 is concerned with the usefulness of external accounting reports for decision making. The FASB emphasizes decision usefulness in both the conceptual framework project and in policy deliberations for specific standards. It focuses on the primary user groups‚ investors and creditors. Earnings‚ dividends‚ and stock prices are inextricably linked. Dividends are the cash
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Catch 22 The Caged Bird Sings of Freedom 2. What actions did the U.S. government take to support slavery? Do these actions support Zinn’s assertion on p. 139 that "Such a government would never accept an end to slavery by rebellion"? Why would the white elite want to determine when and how slavery would end? The U.S. government supported slavery by refusing to enforce the law that prohibited the shipping of new slaves into the nation‚ passing new laws that burdened slaves‚ and repeatedly
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SECURITY ANALYSIS & PORTFOLIO MANAGEMENT | | TOPIC : Study of Fundamental Analysis Of Aditya Birla Nuvo Limited [pic] Submitted by: Kishore B L NMIT Bangalore Submitted to: Mr. Vinay H V Lecturer NMIT Bangalore Date of Submission: 06-11-2012 A STUDY ON FUNDAMENTAL ANALYSIS OF ADITYA BIRLA NUVO LTD INTRODUCTION TO FUNDAMENTAL ANALYSIS: Definition of ’Fundamental Analysis:
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9-1 Identifying the Genetic Material Griffith’s experiments Frederick Griffith‚ a bacteriologist‚ was trying to prepare a vaccine against the pneumonia-causing bacterium‚ S. pneumoniae. A vaccine is a substance that is prepared from killed or weakened microorganisms and is introduced into the body to protect the body against future infections by the microorganisms. Griffin worked with 2 types‚ or strains of S. Pneumonia. The first strain is enclosed in a capsule made of polysaccharides
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In the past‚ social activism was usually derived from the work of inspired believers. These believers had ideas and actions that were motivated and executed by their faith. All throughout Chapter Nine‚ Dr. Bhattacharyya‚ analyzes three examples of religiously motivated social activists. These three activists consist of Dr. Martin Luther King Jr.‚ Vinoba Bhave; and Malcolm X. As discussed in the reading Bhattacharya makes a reference to the power of religion as a motivator for making an abundance
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C) Increasing government spending D) Increasing taxes on capital goods Answer: A 2) Assume that the full-employment level of output is $5000 billion and the natural unemployment rate is 5%. Suppose the current unemployment rate is 8%. What would be the current level of output according to Okun’s law (when the Okun’s law coefficient is 2)? A) $4500 billion B) $4700 billion C) $4900 billion D) $5300 billion Answer: B 4) Endogenous growth theory attempts to A) replace the Solow model
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military C) The same as the web D) a large network of networks Answer: D Section Ref: The Internet and How It Works 2) The concept of the Internet was developed in response to the ________ War. A) Korean B) Vietnam C) Cold D) Gulf Answer: C Section Ref: The Origin of the Internet 3) The World Wide Web was based on a protocol developed by ________. A) Microsoft B) Apple C) Tim Berners-Lee D) the U.S. government Answer: C Section Ref: The Origin of the Internet 4) The "fathers"
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