rd Module 1 – Financial Statement Analysis & Valuation‚ 3 edition by Easton‚ McAnally‚ Sommers & Zhang Practice Quiz 1. Which of the following organizations does not contribute to the formation of GAAP? a. b. c. d. FASB (Financial Accounting Standards Board) IRS (Internal Revenue Service) AICPA (American Institute of Certified Public Accountants) SEC (Securities and Exchange Commission) 2. Colgate-Palmolive reports the following dollar balances in its retained earnings account. During 2005‚
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Analyzing Written Essays COM/150 The four types of essay organization discussed in the course readings are expository‚ persuasive‚ analytical and argumentative. The characteristics that make the essays that I read expository are both provided evidence‚ examples and facts to inform about the topic with a thesis statement as its base. The information was also presented fairly and in a nonbiased manner. For example‚ in the essay titled “How to Succeed as an Online Student”‚ it informed me
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Priceline.com 1. At the moment Priceline recognizes revenue using the gross method whereby the offered price $250 net of taxes and fees is recognized as revenue and $200 is recognized as cost of goods sold. The alternative would be to use the net method where only the 20% commission is recognized as revenue. It is important to distinguish between who bares the risks and benefits of the transaction. (SEC Staff Accounting Bulletin #101‚ Q10). Despite Priceline being the merchant of record‚ they
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Associate Level Material Appendix F Research Plan As part of your Research Plan‚ you must draft a research question for your research paper. A research question‚ which is more specific and focused than a general topic‚ is the question that you will answer in your paper. For example‚ if your general area of interest is Social Security‚ a potential research question might ask‚ “How might low-income families save more money under a reformed Social Security plan that includes personal retirement
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In Kenneth Branaghs film Mary Shelley’s Frankenstein‚ the director‚ Kenneth Branagh sticks to the major themes of the original book with minute changes. There are many similarities and differences between the book and Kenneth Branagh’s adaptation of the book. I believe Mary Shelley wanted readers to catch the themes of child abandonment‚ presented in Victor abandoning his creature. She also wanted readers to have compassion and sympathy for the abandoned creature that Victor created
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COMM 225‚ FALL 2011: CASE STUDY DUE: Dec 6‚ 2011‚ 19.00 HR‚ SUBMIT ONLINE IN THE DROP BOX TO BE DONE IN GROUPS OF MAXIMUM OF 3 STUDENTS (WITH SAME CONTENT EXPECTATIONS). If you have been to one of the Walt Disney Theme Parks‚ it is inevitable that you have encountered the problem of waiting at the theme/attraction of your choice. Here is what a New York Times journalist has to say about this problem: Source: http://www.nytimes.com/2010/12/28/business/media/28disney.html Disney Tackles Major
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Rhetorical Situation The rhetorical situation consists of a few different elements that the writer must consider when planning and writing an effective essay. The reader must consider his or her place within the rhetorical situation as they critically read a work in order to better understand the work ’s general argument. A rhetorical situation has four components which include audience‚ purpose‚ persona and context. The audience includes the readers who your essay is implied to‚ the purpose is
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Rhetorical Analysis: Dave Chappelle Dave Chappelle returns to his hometown of Washington D.C. in the year 2000‚ during his tour around the country‚ to perform for the people of D.C. During his show “Killin’ Him Softly” Chappelle effectively uses rhetorical strategies by engaging his audience‚ understanding the culture he is addressing‚ as well as exemplifying the problem with racial stereotypes and the disparity of police brutality between the African American community and the white community
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With respect to the prepaid income from services which of the following is true? The treatment of prepaid income is the same for tax and financial accounting. An accrual basis taxpayer can spread the income over the period services are to be provided if all of the servidcdes will be completed by the end of the tax year ^^^answer The effects of a below-market loan for 450‚000 made by a a corporation to its chief The corporation has imputed interest income and compensation expense. As a
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Question 1 .0.5 out of 0.5 points What is the future value of $1‚200 a year for 40 years at 8 percent interest? Assume annual compounding. Answer Selected Answer: c. $310‚868 Correct Answer: c. $310‚868 . Question 2 .0.5 out of 0.5 points Gerold invested $6‚200 in an account that pays 5 percent simple interest. How much money will he have at the end of ten years? Answer Selected Answer: b. $9‚300 Correct Answer: b. $9‚300 . Question 3 .0.5 out of
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