Name___________________________________________ Chem 111 Practice Exam 1 Summer 2014 (60 points) MULTIPLE CHOICE. Choose the answer that best completes the statement or answers the question. 1) Round off 807509 to four significant figures. a. 8076 b. 00 81 c. 8100 d. 8.075 × 105 2) Convert 5.100 × 10-3 to ordinary notation. a. 5100 b. 0.0005100 c. 510.0 d. 0.005100 3) To the correct number of significant figures‚ an automobile traveling at 28
Free Atom Periodic table Chemical element
ECO/561 1) If a firm in a purely competitive industry is confronted with an equilibrium price of $5‚ its marginal revenue: A. will be greater than $5 B. will also be $5 C. will be less than $5 D. may be either greater or less than $5 2) A firm that is motivated by self interest should: A. always use large amounts of cheap inputs and small amounts of expensive inputs in producing its output B. hire each input so the productivity of each is equal at the margin C. always
Premium Management Marketing Human resource management
Fitness Center ACC/561 February 17‚ 2013 One of the toughest decisions to make when seeking to own your own business is what type of business is best? “One way to own your own business is to buy a franchise (Kimmel‚ 2009). Snap Fitness‚ is a fast-growing franchisor of compact state-of-the art 24/7 fitness centers worldwide. In this paper the subject to discuss is the cost volume profit analysis of a fitness center franchise. A business will use CVP analysis to analyze existing or new
Premium Franchising Costs Variable cost
BCOR201 Practice Exam I with Answers Problem 1 Multiple Choice Questions (2 Points each) 1. If assets are $99‚000 and liabilities are $32‚000‚ then equity equals: A) $ 32‚000. B) $ 99‚000. C) $ 67‚000. D) $131‚000. E) $198‚000. Answer: C Calculation: Equity = $99‚000 - $32‚000 = $67‚000 2. A debit is: A) An increase in an account. B) The right-hand side of a T-account. C) A decrease in an account. D) The left-hand side of a T-account.
Premium Balance sheet Generally Accepted Accounting Principles Accounts receivable
Running head: VARIABLE COSTS Variable Costs ACC/561 June 12‚ 2012 Variable Costs Any cost which is not fixed and will change in same amount when there is change in production volume is accounted as variable costs. This also means that they change in total rather than per unit whenever there is production or activity change. In production- labor‚ material or overhead could be the variable costs involved in the business. In Fitness center‚ there are different variable costs involved and
Premium Costs Cost Variable cost
ACC 490 Final Exam Copy this link to your browser and download http://www.finalexamguide.com/ACC-490-Final-Exam-2-163.htm 1. An audit that involves obtaining and evaluating evidence about the efficiency and effectiveness of an entity’s operating activities in relation to specified objectives is a(n): 2. When providing audit services‚ the CPA is expected to be: 3. Which one of the following services is often performed on public companies’ interim financial statements and nonpublic
Premium Auditing Auditor's report Balance sheet
Unit 3 Review Sheet Below is a list of questions that touch on the important topics and concepts discussed in class to help guide your studying. The exam questions will be drawn from the lecture material. You should refer to the reading for additional review. In addition to having a solid understanding of the concepts (i.e.‚ definition of each‚ how they differ from one another)‚ you should also be able to apply them across different examples and scenarios. Legal and Ethical Issues (Chapter
Premium Advertising
Discussion Questions Week 4 Chapter 8 question 6. A firm uses a single discount rate to compute the NPV of all its potential capital budgeting projects‚ even though the projects have a wide range of nondiversifiable risk. The firm then undertakes all those projects that appear to have positive NPVs. Briefly explain why such a firm would tend to become riskier over time. Using the NPV to determine which projects to undertake leads to greater risk over time because best case scenario you can estimate
Premium Net present value Investment Finance
Financial Statement Differentiation Paper ACC/561 Financial Statement Differentiation Paper All owners and business managers need to have current financial information to take decisions on its future operations. The financial statements are the documents to be prepared by the company at the end of the accounting period in order to meet the financial and economic performance in the activities of his company over a period. Balance Sheet Goods and credit reports at a specific
Premium Cash flow Financial statements Balance sheet
IE University Final Exam (December 2011) Financial Accounting -------------------------------------- QUESTION 1. (40 MINUTES) On December‚ 31st 2004‚ Luxury Shoes Company purchased new machinery to produce a new model of shoes. The acquisition cost of the machinery is $ 1‚000‚000. At this moment of the economy‚ Tax Authorities allow the company to depreciate this machinery in the way that they prefer (the company is absolutely free to decide how to depreciate this machinery). This
Premium Depreciation Balance sheet Stock market