FIN432 Review questions for midterm exam 1. The nominal risk-free rate of interest is a function of a) The real risk-free rate plus the investment’s variance. b) The prime rate and the rate of inflation. c) The T-bill rate plus the inflation rate. d) The real risk-free rate and the expected rate of inflation.* 2. At the beginning of the year an investor purchased 100 shares of common stock from ABC Corporation at $10 per share. During the year‚ the firm paid dividends of $1 per share
Premium Mutual fund Investment Stock market
value of an annuity End of year | Cash flow | Future value factor | Future value of cash flow | 1 | 5180 | 1 | 5180 | 2 | 9600 | 2‚06 | 19776 | 3 | 2250 | 3‚2149 | 7233‚525 | | | TOTAL | 32189‚525 | ---- Just in case the assignment question was wrong‚ I calculated present values: Present value End of year | Cash flow | Present value factor | Present value of cash flow | 1 | 5180 | 0‚9434 | 4886‚812 | 2 | 9600 | 0‚89 | 8544 | 3 | 2250 | 0‚8396 | 1889‚1 | | | TOTAL | 15319
Premium Future value Present value Net present value
ACC 565 WK 11 Final Exam http://xondow.com/ACC-565-WK-11-Final-Exam-ACC5652.htm 1) To be an affiliated group‚ the parent corporation must directly own at least 80% of another group member. 2) A Canadian subsidiary cannot file as part of the consolidated group with its U.S. parent. 3) Brother-sister controlled groups can elect to file a consolidated tax return. 4) An advantage of filing a consolidated return is that losses of one affiliated group member may be offset against the taxable income
Premium Corporation Taxation in the United States Limited liability company
Sauder School of Business Commerce 293 FINAL EXAMINATION - QUESTION BOOKLET TIME: Question 1 150 minutes TOTAL MARKS: Accounts Receivable 140 (11 marks‚ suggested time 11 minutes) In 2004‚ Holly opened a business selling imported woman’s accessories to fashion boutiques. The following transactions relating to sales and accounts receivable occurred in 2005: January 1st‚ 2005 Accounts Receivable balance January 1st‚ 2005 Allowance for Doubtful Accounts balance Sales (all on account)
Premium Balance sheet Dividend
Individual Assignment: Generally Accepted Auditing Standards Paper By: Stacy Munns ACC/ 491 Professor Richard Cochran Due: December 3‚ 2012 Introduction: History of Auditing It is stated that “Auditing is based on the assumption that financial statement data are verifiable.” (Boynton & Johnson‚ 2006) The real reason of auditing didn’t really come until “the advent of the Industrial Revolution‚ from 1750 to 1850‚ that auditing began its evolution into a field of fraud detection and financial
Premium Auditing Internal control Audit
In this file ACC 291 Week 2 Chapter 09 Practice Quiz 1 you can find right answers on the following questions: 1. Erin Danielle Company purchased equipment and incurred the following costs. 2. Depreciation is a process of: 3. Micah Bartlett Company purchased equipment on January 1‚ 2010‚ at a total invoice cost of $400‚000. The equipment has an estimated salvage value of $10‚000 and an estimated useful life of 5 years. The amount of accumulated depreciation at December 31
Premium Depreciation Asset Expense
LESSON 3: MOLAR VOLUME QUESTIONS 1. Calculate the density of the least dense gas‚ hydrogen‚ at 25⁰C and 101.3kPa. [0.083g/L] 2. Calculate the density of the densest gas‚ uranium (VI) fluoride (UF6) at 70⁰C and 25.0kPa. [3.09 g/L] 3. An unknown monoatomic gas X has a density of 5.37g/L at 25⁰C and 101.3kPa. Calculate the molar mass of the gas and determine its identity. [ 131.028g/mol; Xe] 4. Calculate the density of ammonia gas in grams per litre at 18⁰C and 100.4kPa. [0.706g/L] SCH3U0 Gases
Premium Water Gas Volume
ACC 3010 Project 2 Fall 2013 DUE Friday November 1‚ 2013– This project is due on November 1st before 4:00 pm and is to be submitted in the Accounting Lab – room 200 in the Rands House. The hours for submission of and help with the project will be posted on the class Blackboard site. You will sign your project in to create a record of its being submitted. Be sure your name and the name of your TA are on the front page of the project. This project is a continuation of Project 1‚ FRM Consulting
Premium Balance sheet Inventory Generally Accepted Accounting Principles
Practice Exam ECF1100 1 Part A (21 Marks) Answer all of the following multiple-choice questions in your answer book (not on this paper). Each question is worth 1 mark. Clearly number all the questions and write your answers in CAPITAL LETTERS. For example your answers to this section should look like: 1. A 2. D 3. B And so on.... Note that your answers should consist ONLY of the questions number and the letter of the answer you believe to be correct. NO explanations of answers will be taken into
Premium Costs Economics Variable cost
showing signs of weakness before the Wall St Crash in 1929 (6 marks) (c) ‘Speculation was the main cause of the Wall St Crash in October 1929’ How far do you agree with this statement? (10 marks) Answering the 10 mark essay question. How Far questions are ‘balance’ questions requiring you to decide how important a factor was in comparison to other factors. You have to identify the other factors yourself and weigh up their relative importance. Mark scheme Level 2: Describes the reasons rather than
Premium Wall Street Crash of 1929 Economy of the United States Roaring Twenties