Inc. All rights reserved. Chapter 08 Reporting and Analyzing Long-Term Assets Conceptual Learning Objectives C1: Explain the cost principle for computing the cost of plant assets. C2: Distinguish between revenue and capital expenditures‚ and account for them. C3: Explain depreciation for partial years and changes in estimates. 8-3 Analytical Learning Objectives A1: Compute total asset turnover and apply it to analyze a company’s use of assets. 8-4 Procedural Learning Objectives
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Chapter 8 What is a product ? Product is anything that can be offered in a market for attention‚ acquisition‚ use‚ or consumption that might satisfy a need or want Experiences represent what buying the product or service will do for the customer Consumer products are products and services for personal consumption Classified by how consumers buy them Convenience products Shopping products Specialty products Unsought products Convenience products are consumer products and services that the
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Chapter 8 Quiz 1. If two small perfectly competitive firm merge‚ the merged firm will be a price taker. 2. Which of the following factors affect vertical integration of firms? The transaction cost at each stage of production. 3. Under a horizontal merger the assets of two firms that operate in the same market are put under a single ownership. 4. Which one of these is an example of a onetime investment made by a seller to reduce the transaction cost on all units. 5.
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I. Introduction Zechariah chapters 7 and 8 are a complete unit dealing with the hearts of the people toward their God. The historical setting of these chapters takes place in the 4th year of King Darius. The 2nd temple-rebuilding project is nearly complete. Those that returned to the region from Babylon had placed a priority on rebuilding the temple and reestablishing the cult as close as possible to the Davidic system. Nehemiah had the walls rebuilt‚ so the next great task was to rebuild the temple
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Chapter 8 Quiz 1. Processing a large number of items in a(n) ________ is usually easier than processing a large number of items stored in separate variables. (Points : 6) Constant Variable Array Loop None of the above | 2. What is the term used for the number inside the bracket that specifies the number of values that an array can hold? (Points : 7) Size Size declarator Number Number declarator None of the above |
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Question 33. The National Collegiate Athletic Association (NCAA) reported that the mean number of hours spent per week on coaching and recruiting by college football assistant coaches during the season was 70. A random sample of 50 assistant coaches showed the sample mean to be 68.6 hours‚ with a standard deviation of 8.2 hours. a. Using the sample data‚ construct a 99% confidence interval for the population mean. z = +/- 2.68 68.6 – 2.68 * 8.2 / √50 = 65.49 68.6 + 2.68 * 8.2
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Chapter 8 Incident #2 Questions Recommend a course of action for Adams. First‚ Adams must create time for his employees to be involved in participation. He has to let them know that he is not an autocratic boss/manager‚ and only a meeting will bring that observation to the forefront. He must have enough confidence in himself and his employees that everyone will agree to meet at a specific time‚ whether overtime with pay or a “shut down” day. Second‚ once a meeting time has been established
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Chapter 8 Joints & Skeletal Movement Classification of joints is by functional group (the amount of movement possible)‚ and structural group (how the bones are held together). Functional Group Structural Group Fibrous (bones connected by short‚ fibrous filaments) Cartilagenous (bones connected by cartilage) Synarthrosis (immobile) Suture Amphiarthrosis (slight movement) Syndesmosis cranium -carpal/tarsal bones‚ -btwn radius & ulna Diarthrosis (free mobility) Gomphosis joint btwn teeth & maxilla/mandible
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3-23 a.2 b.4 c.3 3-24 a.3 b.4 c.1 3-25 a.3 b.2 c. 3 3-26 a. The auditor cannot say the financial statements are correctly stated. Things could change during the audition period. And there are some parts that auditor does not responsible for. Because we cannot audit every single thing. b. It does not say which accounting principles to follow. c. Sorry I don’t know the answer. d. Write down the CPA firm rather than the name of the CPA because it’s the firm to take responsible rather
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H/W Evidence for chapter 8 10/01/15 Euan Sarson (10W) 8.1 package chapter8; public class PrimitiveIntegerArray { public static void main (String [] args){ int[] myLuckyNumber = new int[5]; myLuckyNumber[0] = 9; myLuckyNumber[1] = 11; myLuckyNumber[2] = 38; myLuckyNumber[3] = 2; myLuckyNumber[4] = 991; System.out.println(myLuckyNumber[0]); System.out.println(myLuckyNumber[1]); System.out.println(myLuckyNumber[2]); System.out.println(myLuckyNumber[3]); System.out.println(myLuckyNumber[4]);
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