QUESTION 1 – (16 Marks) – 28 minutes The following data is from the accounts of Fleury Corporation on December 31‚ 2005‚ the end of the current reporting year. Dr. Cr. Cash $ 116‚000 Accounts receivable‚ trade 337‚000 Short-term investment in marketable securities 440‚000 Inventory of merchandise‚ FIFO 1‚295‚000 Prepaid expense (short term) 11‚000 Investment in Hydro One Bonds (Held to Maturity – June 30‚ 2008) 147‚000 Advances to suppliers (short term) 24‚000 Dividends
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3530 F10 Final Exam and Solutions - Type A 1. Two years ago Zippy Inc. issued a zero-coupon bond with a $1‚000 face value and a ten year maturity. If the bond’s yield to maturity today is 3.50%‚ what is the current price of the bond? (assume annual compounding) A) $708.92 B) $759.42 C) $825.50 D) $933.51 E) $1000 Solution B PV of bond = 1000/(1.035)^8 = $759.41 2. Topaz Bank’s earnings and dividends are expected to grow at a rate of 10% during the next 2 years‚ at 8% in the third year‚ and at a constant
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Currency Conversion Final Project The Currency Conversion application is a menu-driven program that allows users to select one of five international currency types‚ input the amount of a foreign currency‚ and then converts the foreign currency to dollars. The program displays the equivalent dollar amount and returns the user to the menu until another conversion is inputted or quits the program. International currency type (menu selection) * Canadian dollars (rate: 1 U.S. dollar = 1.4680
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How To Study For Final Exams A Masochist’s Guide Your final exams probably count for 60% or 70% of your final grades. Those kinds of marks are worth putting some effort into getting! Especially if you’ve been slacking off all term. I have had more than a few people claim that my methods of studying for final exams were pretty torturous. I usually knock myself out pretty good when I study for finals‚ mainly because I’m an idiot and have no mathematical ability. But‚ my techniques have thus far
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ACME FIREWORKS Acme Fireworks Acme Fireworks businesses choices allow the business to grow or will it dictate the demise of the future of Acme Fireworks Company? Is there a choice to be unsuccessful or just what the rest of the business world already knows. This will be a collaboration of how and why different laws and decisions affect a business. The company is going to explore protecting itself‚ or going to make a poor legal decision that could either cost the company its business
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Applying Information Systems and SDLC to Business BIS/320 March 4‚ 2013 Applying Information Systems and SDLC to Business Founded in 1995 by Jeff Bezos‚ Amazon.com has become one of the largest known online stores in the world. In 1995‚ Amazon.com sold its first book online‚ which was shipped from Bezos’s garage in Bellevue‚ Washington (Amazon.com Mission Statement‚ 2012). Many may not know that Amazon.com had a slow start because their online layout was not appealing. Within a few years
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(3 points) Your Answer: ____________ Gas Crucible Induction coil (for heating) Melt Strip (final product) Copper disk 5. As a 10-kg of AISI1040 steel (plain carbon steel with 0.4% carbon) is cooled to 728oC‚ which statement is/are INCORRECT: (a) There is 5.05-kg austenite (); (b) There is 4.95-kg ferrite (); (c) There is a 1.25-kg cementite
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Part I: True or False 1. False 2. True 3. False 4. False 5. True 6. True 7. True 8. True 9. False 10. False Part II a) Ten major complaints of foreign company in 2012 for doing business in China as indicated in USCBC 2012 China business environment survey results are; 1. Human resources: Talent recruitment and retention Finding and retaining talented employees is significant challenge for foreign companies in China. According to highly competitive
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1) Suppose that in the clothing market‚ production costs have fallen‚ but the equilibrium price and quantity purchased have both increased. Based on this information you can conclude that [ B. demand for clothing has grown faster than the supply of clothing ] 2) Camille’s Creations and Julia’s Jewels both sell beads in a competitive market. If at the market price of $5‚ both are running out of beads to sell (they can’t keep up with the quantity demanded at that price)‚ then we would expect both
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1. (TCO 1) Which of the following describes the function of the Formula Bar (as it applies to Excel 2010)? Answer: Displays the content of the active cell 2. Question : (TCO 1) In Excel 2010‚ a sheet tab ________. Answer: displays the name of a worksheet within a workbook 3. Question : (TCO 1) If you wanted to insert the current date into an active cell‚ which of the following would you use?
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