Name: __________________________ Date: _____________ 1. Alpha Company’s stock trades on the NY stock exchange. For Alpha Company‚ revenue on account amounted to $5‚150. Cash collections of accounts receivable amounted to $2‚300. Expenses incurred on account were $2‚100. Cash paid on accounts payable was $1‚950. Alpha’s net income was A) $2‚900 B) $3‚050 C) $350 D) $200 2. Hamilton Company began operations in 2009. During the year‚ the following cash transactions occurred:
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The Role of Accounting on Business and our Society Purpose of Financial Statement Financial statement plays a significant role in business organization. Basically‚ it provides information about the performance‚ changes and the financial position of a business organization. The major purpose of financial statement is to provide essential information to a wide range of users as described below: Managers Financial statement helps the managers within a business organization to manage day
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Ver. 04/09 PRACTICE FINANCIAL QUIZ #1 NOTE: The figures in these questions are not representative of any company or industry and are for the purpose of learning certain financial concepts that pertain to marketing. PART I—SALES ANALYSIS The J&J Corporation manufactures television sets‚ DVD players and MP3 players. The wholesale prices to their customers can vary from under $100 to over $1000‚ depending on the technical complexity of the item and the quantity purchased. Analyze the following
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Case 1: Sunrise bank recently appointed the accounting firm Smith‚ Godfroy‚ and Hannaford as the bank’s auditor. Sunrise quickly became one of Smith‚ Godfroy‚ and Hannaford’s largest clients. Subject to banking regulations‚ Sunrise must provide for any expected losses on notes receivable that Sunrise may not collect in full. During the course of the audit‚ Smith‚ Godfroy‚ and Hannaford determined that three large notes receivable of Sunrise seem questionable. Smith‚ Godfroy‚ and Hannaford discussed
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Week 1 Report Class SEC 280 In today’s report I will give a basic definition of and explain to the best of my ability what port scanning is and also what a ping sweep is and I will also try to provide examples of these techniques. Lastly I will show how these simple this can be done and or avoided and how they can affect us as a company. In today’s age with more and more computers being connected to the internet every day the presence of these new users on the global network creates
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P4 - Describe the function of the muscular system and the different fibre types M1 – Explain the function of the muscular system and the different fibre types D1 – Analyse the function of the muscular system and the different fibre types Antagonistic Pairs Antagonistic Pairs are a pair of muscles working together to allow coordinated movement of the skeletal joints. Muscles can only exert a force and do work by contracting. An example is the antagonistic pair of muscles used in bending
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P4 – Explain the role of the kidney in the homeostatic control of fluid balance Homeostasis is how our body works to keep the internal environment constant. The kidneys play a role in the control of fluid balance. For this assignment I will be discussing the gross anatomy of the renal system and the kidney. Renal System The renal system is a group of organs that work together to produce‚ store‚ and release urine. It consists of 2 kidneys‚ ureters‚ the urinary bladder‚ urethra and renal vessels which
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ACCT 2300 Final Exam Review Sheet 1. Chapter 1 a. Types of businesses b. Purpose of accounting & Primary users of information c. Purpose of Financial Statements d. Conceptual Framework 2. Chapter 2 a. Objectives of Financial Reporting b. Financial Statements – Know how to calculate each and all the parts in them b.i. Income Statement – Single and Multi-Step Net Sales - COGS Gross Profit Operating Expenses: - General and Administrative Expenses - Selling Expenses
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P4: outline key legislation and regulations which govern safeguarding adults work Introduction: This act protects the information of vulnerable adults which they provide. This act protects the information of vulnerable adults which they provide. This assignment will be outlining key legislation and regulations which govern safeguarding adults work and a production of a descriptive decorative mind map will be included with examples related to health and social care. This act helps protect adults
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Unit 9:exploring creative product promotion P4: explain the reasons behind the choice of media in a successful promotional campaign. Brandon Baumgart IBS 1c P4 Version 3 30 may 2012 Mrs. Daymond From mouth-to-mouth to TV and Internet. In 1886 when coca cola started they didn’t had TVs‚ radios and Internet to tell people they have invented something new. So everything was from mouth-to-mouth‚ through the flyers‚ the newspapers or big wall paintings on high buildings. Later they
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