Scott‚ Financial Accounting Theory‚ 6th Edition Instructor’s Manual Chapter 2 Suggested Solutions to Questions and Problems 1. P.V. Ltd. Income Statement for Year 2 Accretion of discount (10% × 286.36) $28.64 P.V. Ltd. Balance Sheet As at Time 2 Financial Asset Cash Shareholders’ Equity $315.00 Opening balance Net income $286.36 28.64 Capital Asset Present value 0.00 $315.00 $315.00 Note that cash includes interest at 10% on opening cash balance of $150
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Checkpoint Answers Examining Distributions Checkpoint 2 1. 99.7% of data resides within 3 standard deviations of the mean. 2. Center and spread IQR and standard deviation. IQR = Q-Q1 3. Pie chart. One response variable-categorical. 4. Impossible to tell. Boxplots only show cities and annual income amounts. Does not mention number of responses. 5. Statstown Q1=40‚ Q3 =110 6. Medianville‚ IQR =110-60 7. Statstown‚ IQR = 110-40 Examining Relationships Checkpoint 2 1. Conditional row percentages in a
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an easy prey to hunt. 3. What are the argument for and against continuing the nestle boycott from the point of view of consumers seeking to enhance the well-being of mothers and babies in the developing world? What is the implication does your answer have
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Chapter 2: History of Management Total Questions: 149 (36 True/False; 100 Multiple Choice with 2 Scenarios; 9 Short Answer; 4 Essay) TRUE/FALSE 1. Management ideas and practices have actually been used from the earliest times of recorded history. ANS: T PTS: 1 TOP: AACSB Reflective Thinking DIF: Easy KEY: Creation of Value 2. For most of humankind’s history‚ people have commuted to work. ANS: F For most of history‚ people have worked in or near their homes and have not commuted. PTS: 1 DIF: Easy
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Solutions for Chapter 1 Auditing: Integral to the Economy Review Questions: 1-1. The special function performed by the public accounting profession is the attestation to the fairness of the financial statements of clients. The special function ensures the reliability and integrity of the financial reporting system. Judge Burger described the special function as "certifying the public reports that collectively depict a corporation’s financial status‚" which involves "a public responsibility
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Name____________________________________________________________Per.______ Robert W. StrayerWays of the World: A Brief Global History Ways of the World: A Brief Global History with Sources Chapter 19 Study Guide‚ Internal Troubles‚ External Threats: China‚ the Ottoman Empire‚ and Japan‚ 1800-1914‚ Study Guide (Original: pp. 559-586; With Sources: pp. 877-903) The External Challenge: European Industry and Empire 1. What were the four dimensions of European imperialism that showed how China‚
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Problem Set 1 MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Which of the following topics is NOT a primary concern of macroeconomists? A) relative wages of skilled and unskilled workers B) unemployment C) differences in standards of living across countries D) fluctuations in the level of economic activity 1) 2) Primarily‚ macroeconomists use microeconomic principles to study A) business cycles and trends in the stock market
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Show me‚ Tell me Questions and Answers Q1) Show me how you would check that the direction indicators are working. A1) Applying the indicators or hazard warning switch and check functioning of all indicators. (may need to switch ignition on‚ prompt not to start engine) TIP- Most cars will not need to have the ignition switched on to activate the hazard switch‚ so it should be simple to lean into the car‚ switch it on‚ walk around the car checking all 4 main indicators (there are also indicators
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Which action by the nurse is appropriate? A Schedule the patient for HCV genotype testing. Correct B Administer immune globulin and the HCV vaccine. C Instruct the patient on ribavirin (Rebetol) treatment. D Teach that the infection will resolve in a few months. 4. When a patient is diagnosed with acute hepatitis B‚ the nurse will plan to teach the patient about A ways to increase exercise and activity level. B self-administration of á-interferon (Intron A). C side effects of nucleoside and
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10/1/2012 CORPORATE FINANCE FIN 3313.01 Fall 2012 1st MID-TERM SINAN YILDIRIM NAME (Each Multiple choice question is worth 4 points) 1. The goal of financial management is to increase the: a. future value of the firm ’s total equity. b. book value of equity. c. dividends paid per share. d. current market value per share. e. number of shares outstanding‚ thereby increasing the market value of equity. 2. A corporation: A. is ultimately controlled by its board of
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