ACC 211-MIDTERM EXAM (Chap 1 thru 5) MC Qu. 113 An example of a financing activity is: An example of a financing activity is: Buying office supplies. Obtaining a long-term loan. Buying office equipment. Selling inventory. Buying land. MC Qu. 114 An example of an operating activity is: An example of an operating activity is: Paying wages. Purchasing office equipment. Borrowing money from a bank. Selling stock. Paying off a loan. MC Qu. 117 Net Income: Net Income:
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holding period - the same as the equipment in the hands of the partner. C. What is the basis of the equipment in the hands of the partnership? $45‚000 is the basis. D. What is the holding period of the equipment in the hands of the partnership? 3 years E. how will the partnership depreciate the equipment in the year of contribution? The partnership starts depreciating it in the third year. 52. A. how much income must Barry report from BK Partnership? Barry income: Guaranteed payment
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Chapter 3 Problems 1. Dental Delights has two divisions. Division A has a profit of $200‚000 on sales of $4‚000‚000. Division B is only able to make $30‚000 on sales of $480‚000. Based on the profit margins (returns on sales)‚ which division is superior? 3-1. Solution: Dental Delights Division A Division B [pic] Division B is superior 3. Bass Chemical‚ Inc.‚ is considering expanding into a new product line. Assets to support this expansion
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References: Local Chua (2003) stated in his “Heart to Heart Talk: Is Your Drinking Water Safe?” that Water purification is now both a science and a technology Foreign Gil and Passino (2004) purification of drinking water is a very important problem in environmental engineering Local Israel (2009) Potable or drinking water is a critical requirement of human life
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available and fast‚ friendly service. This first store is being used to test the layout and operating procedures for a large chain of superstores that Sue expects to build. The first store has been open for six months‚ and Sue is still having a problem staffing the checkout counters during peak times‚ which occur from 2 PM to 10 PM. She has received many customer complaints about the long lines in front of the checkout counters. She has 20 checkouts that she can use‚ but has not been able to develop
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Google Plus vs. Facebook‚ Who’s Winning? By Griffyn Carpenter Not too long ago we all became aware of the new social media craze that had everybody buzzing. It was told to us to be better than Facebook‚ and a ton better than twitter so of course we all had to check it out. I mean if it is better than Facebook come on whom would not look at it right? In 3 months Google plus has managed to gross over 25 million users which makes it the fastest growing social media platform so far that we have
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KULLIYYAH OF ECONOMICS AND MANAGEMENT SCIENCES (CITY OF YORBA LINDA‚ CALIFORNIA) ACC 4291 INTEGRATED CASE STUDY TERM CASE ANALYSIS REPORT (SECTION 1) SEMESTER 1‚ 2014/2015 SESSION MATRIC NO 1022133 NAME MUHAMMAD FIKRI BIN AHMAD PREPARED FOR: PROF DR NIK NAZLI NIK AHMAD DEAN‚ KENMS IIUM 1 CONTENT BIL 1. 2. 3. TITLE EXECUTIVE SUMMARY PROBLEM STATEMENT SITUATION ANALYSIS - PESTEL - ISHIKAWA PAGE 3 3 4-8 4. 5. 6. ALTERNATIVES DECISION CRITERIA EVALUATION OF ALTERNATIVES RECOMMENDATION REFERENCES
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Cover Letter Dear Sir / Madam‚ Application for the post of Logistics Manager It is with great enthusiasm that I am applying for this Logistics Manager position. I firmly believe I will bring the energy and commitment to excellence necessary to thrive in a simulative working environment. I am in the positive that I can keep up with the demands of this challenging job efficiently and I can contribute my knowledge and past working experience to the company. I believe my
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Canadian suppliers: Indirect quote = 1/.8437 = 1.1856 (Canadian dollar / U.S. $) Foreign currency amount = U.S. $20‚000 x 1.1856 = C$23‚712 If the American business pays $20‚000‚ the suppliers in Canada will receive 23‚712 Canadian dollars. 19–3. (Indirect quotes) Compute the indirect quote for the spot and forward Canadian dollar‚ yen‚ and Swiss franc contracts. (a) Canadian rates: Indirect quote (spot) = 1/.8437 = 1.1853 Indirect quote (30-day) = 1/.8417 = 1.1881 Indirect quote
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Keeping an up to date and accurate record of all transactions for a small business is very important. Small businesses need to have a system in place for all record keeping for many reasons. One reason would be to control the creation and growth of records. Although we try to become a more paperless society the amount of paper we use never seems to go away. An effective records management system will limit the amount of copies you have to make‚ reducing the waste generated. One reason is for
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