Financial Accounting 2 Quiz 15-03008FA Name: ____________________________________________ Course & Section: __________________ General Direction: Write your answer on a separate yellow paper. Pass the test paper and answer sheet after completing the exam. Part 1 – Theories – Multiple Choice. 1. Transaction whereby a debtor and creditor may negotiate the terms of a financial liability with the result that the liability is fully or partially extinguished by the debtor issuing equity instruments
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Managerial Accounting and Control Decision Making: Relevant Costs and Benefits Case 14-62 Submited to: Prof. Virgilio c. Avila Submitted by: Roy Kondoy Shella Faye Background of the Study Sportway Corporation Sportway is a wholesale distributor supplying a wide range of moderately priced sports equipment to large chain stores Products: 60% purchased‚ 40% manufactured The company has a Plastics Department that is currently manufacturing molded fishing tackle boxes Sportway
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depreciation-equipment PPE Buildings CA Cash CL Interest payable IA Goodwill CL Income taxes payable CL Inventory CA Stock investments (to be sold in 7 months) PPE Land (in use) LTL Mortgage payable CA Supplies PPE Equipment CA Prepaid rent E2-2. Classify each of the following financial statement items based upon the major balance sheet classifications listed in E2-1. CA Prepaid advertising PPE Equipment IA Trademarks CL Salaries and wages payable CL Income taxes payable SE Retained
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1.) What does the pilot want? To save the girl. 2.) Is the pilot likely to succeed? Most likely not because by doing so he would kill others. 3.)What does the sister want? She wants to live. 4.) Is the sister likely to succeed? I doubt it cause of there being a law and there seems theers no other way then her diying. 5.) What does the government want? For the girl to be thrown off the ship. 6.) Is the government likely to succeed? I belive so. 7.) What should happen? The girl should be saved
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Managerial Accounting‚ 3e (Braun/Tietz) Chapter 2 Building Blocks of Managerial Accounting 1) Service companies must carry a large amount of inventory to meet consumer demand. Answer: FALSE Diff: 1 LO: 2-1 EOC: E2-1 AACSB: Reflective Thinking Learning Outcome: Define and use cost-volume-profit analysis to analyze the effects of changes in costs and volume on a company’s profits 2) Manufacturing companies usually have three types of inventory. Answer: TRUE Diff: 1 LO: 2-1 EOC:
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their ideas of the church. The metaphors found in 1 Corinthians 12 and John 14-16 highlight the different messages of ecclesiology in each community due to the difference of eschatology. Because Paul believed the end of the world was going to happen in his lifetime‚ the main message of his metaphor was to unite
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Chapter 7: Intro to Sampling Distributions Sampling Error = x̄ - μ Z-Values for a sampling distribution of x̄ : Z = Z-Values adjusted with Finite Population Correction Applied if: the sample is large relative to the population (n is greater than 5% of N) and sampling Is without replacement Z = Using the Sampling Distribution for Means Compute the Sample Mean Define the sampling distribution μx̄ = Define the probability statement of interest P(z30 will give sampling distribution that
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45‚000 units x $18.26 $ 821‚700 c. Cost of ending work in process: Material cost (3‚600 x $ 9.39) $ 33‚804 Conversion cost (2‚000 x $ 8.87) $ 17‚740 Total cost of ending work in process $ 51‚544 Exercise 3-14. Quantity Schedule and Equivalent Units [LO 2‚3] Simon Fishing Co. processes salmon for various distributors. The two departments involved are
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Kinematics / Projectiles x =?vt ?v = (v + vo)/2 v = vo + at x = vot + ½at2 v2 = vo2 + 2ax y =?vt ?v ’ ½(vo + v) v = vo – gt y = vot – ½gt2 v2= vo2 – 2gy R = (v02/g)sin(2θ) Forces Fnet = ma Fgravity = mg Ffriction ≤ μsN Ffriction = μkN Circular Motion Fnet = mv2/r ac = v2/r v = 2πr/T f = 1/T T = 1/f Gravitation F = GM1M2/R2 g = GM/R2 T2/R3 = 4π2/GM = constant GM = Rv2 Energy W = Fdcosθ KE
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SYSTEM OF LINEAR EQUATIONS IN TWO VARIABLES Solve the following systems: 1. x y 8 x y 2 by graphing by substitution by elimination by Cramer’s rule 2. 2 x 5 y 9 0 x 3y 1 0 by graphing by substitution by elimination by Cramer’s rule 3. 4 x 5 y 7 0 2 x 3 y 11 0 by graphing by substitution by elimination by Cramer’s rule CASE 1: intersecting lines independent & consistent m1m2 CASE 2: parallel lines inconsistent
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