AFM 391 Winter 2011 Intermediate Financial Accounting 2 University of Waterloo Midterm Exam Solutions Professor Khim Kelly Part A 1) B 2) C 3) A 4) D 5) C 6) B Part B 1) D $4‚000‚000 (IFRS is applicable because Street is listed on TSE‚ no agreement was in place at year end). 2) C PV of $8‚000‚000 at 5% for 15 years. 3) D $540‚000 – $435‚000 = $105‚000 ($600‚000 + $72‚000) – $540‚000 = $132‚000. 4) A 5) C = $2.70. 6) B
Premium Management Security Strategic management
EC301 Open-Book Midterm Exam (Weight 110 points) 1. (7 points) How are presidential election outcomes related to the performance of the economy? 2. (7 points) Discuss the difference between Microeconomics and Macroeconomics. 3. (10 points) Use the concepts of gross and net investment to distinguish between an economy that has a rising stock of capital and one that has a falling stock of capital. “In 1933 net private domestic investment was minus $6 billion. This means that in that particular
Premium Macroeconomics Inflation Economics
Current Location .HFall 2012 UNIV 1301 71 Intro To Collegiate Studies Assignments Review Test Submission: Midterm Review . . Question 1 .2 out of 2 points Transformative learning is the process of Answer Selected Answer: a. a process of examining‚ questioning‚ validating‚ and revising personal perceptions. . Question 2 .2 out of 2 points FOCUS describes four C-factors of intrinsic motivation. They are Answer Selected Answer: b. curiosity‚ control‚ career
Premium Learning Myers-Briggs Type Indicator Question
|Accounting I (ACC 101) | | | |2012 | |Kroger Co (KR:New York) |Project | Yakub Hashim Noor 9403 American Collage Dubai
Premium Inventory Balance sheet
The Accounting Cycle Deanna Ruocco ACC 421 June 18‚ 2012 Bryan Lichau The Accounting Cycle The accounting cycle is a process that normally uses accounting procedures to record transactions and prepare financial statements of a company. The accounting cycle is made up of nine steps: Journalizing‚ posting‚ trial balance‚ adjusting entries‚ adjusted trial balance‚ preparing financial statements‚ closing‚ post-closing trial balance‚ and reversing entries. This presentation
Premium Business Economics Finance
Exam version: ## PHYS1112 General Physics I spring 2013‚ midterm Examination Name: _____________________________ 23 March 2013 Student ID:_________________________ Seat No.: ___________________________ Declaration of Academic Integrity: I confirm that I have answered the questions using only materials specifically approved for use in this examination‚ that all the answers are my own work‚ and that I have not received any assistance during the examination. Signature: _______________
Free Force Friction Mass
Efrain Vazquez Jr Variable or Absorption Costing Method ACC 561: Principles of Macroeconomics October 22nd‚ 2014 Instructor: Paula White Variable or Absorption Costing Method *After completing the Exercise 19-17 in Wiley‚ I realized that not only is this truly difficult unless you have consistent hands-on training‚ I found the problem as well as many other problems in the assignment to be quite specialized. I would not be able to do it without hands-on training and believe that this class
Premium Costs Cost Economics
ACC 300 Final Exam Copy this link to your browser to download: http://www.finalexamguide.com/ACC-300-Final-Exam-2-151.htm The response to each question or statement is either True or False. 1. A business organized as a separate legal entity owned by stockholders is a partnership. 2. External users of accounting information are managers who plan‚ organize‚ and run a business. 3. Two primary external users of accounting information are investors and creditors. 4. Financing activities
Premium Balance sheet Generally Accepted Accounting Principles Asset
Assignment 1: Auditors and Regulatory Oversight Desislava Tabakova ACC 403 – Auditing I Professor Ashley Braun Harper November 2‚ 2014 “Olympus Scandal” The Olympus Corporation scandal is one of the biggest scandal’s to break. Olympus Corporation‚ the Japanese maker of cameras and medical imaging equipment is a huge corporation that lasted over two decades. 1- Analyze the audit report that the CPA firm issued. Ascertain the legal liability to third parties who relied on financial
Premium Corporation Fraud Corporate governance
MULTIPLE CHOICE—Conceptual 1. Which of the following is true about lower of cost or market? a. It is inconsistent because losses are recognized but not gains. b. It usually understates assets. c. It can increase future income. d. All of these. 2. The primary basis of accounting for inventories is cost. A departure from the cost basis of pricing the inventory is required where there is evidence that when the goods are sold in the ordinary course of business their a. selling price will
Premium Inventory