BUS 305 Practice Exam 3 1) Assume the following time series data representing the number of sales per day your company’s employees make. Year-Quarter | t | Yt | 2001-1 | 1 | 17 | 2001-2 | 2 | 26 | 2001-3 | 3 | 21 | 2001-4 | 4 | 15 | 2002-1 | 5 | 19 | 2002-2 | 6 | 18 | 2002-3 | 7 | 21 | 2002-4 | 8 | 23 | a) Use Applet #16 to calculate the seasonal index numbers for the four quarters. b) Interpret what each of the four indices you computed in (a)
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ACC 422 Final Exam Copy this link to your browser and download http://www.finalexamguide.com/ACC-422-Final-Exam-3-WileyPlus-263.htm Question 2 Presented below is information related to Rembrandt Inc. ’s inventory. (per unit) Skis Boots Parkas Historical Cost 273.79 152.75 76.37 Selling Price 312.70 208.95 106.27 Cost to distribute 27.38 11.53 3.60 Current replacement cost 292.52 151.31 73.49 Normal profit margin 46.11 41.79 30.62 Determine the following:
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ACC 491 Final Exam Copy this link to your browser and download: http://www.finalexamguide.com/ACC-491-Final-Exam-270.htm 1) If reported sales for 2010 erroneously include sales that occur in 2011‚ the assertion violated on the 2010 statements would be 2) The rights and obligations assertion applies to 3) Which of the following assertions is NOT made by management in placing an item in the financial statements? 4) Section 11 of the Securities Act of 1933 uses the term material fact
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Small Business Idea Starting a business can be one of the most challenging endeavors to engage. Indentifying a need or want in a given industry‚ completing the pre-business research‚ demographics and analyses‚ then determining financial feasibility is only the tip of the iceberg. Choosing the right business structure will contribute to its long term success. Therefore‚ when selecting the appropriate business type‚ one must carefully consider the following: taxes‚ liability‚ administrative burdens
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ACC 300 Final Exam Copy this link to your browser to download: http://www.finalexamguide.com/ACC-300-Final-Exam-1-200.htm 1. Which of the following is not an asset: 2. Amy Co. acquired $500 worth of supplies on credit. Which of the following journal entries would be recorded? 3. Baker Company earned $10‚000 revenue for services provided. Which of the following is correct? 4. Candy Company collected $5‚000 from a customer on account. What journal entry will Candy Company record
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This document of ACC 490 Final Exam shows the solutions to the following problems: 1. Within the generally accepted auditing standards‚ the general standards relate primarily to 2. The essence of the due care? standards is that the auditor should not be quilty of 3) Gross negligence can best be defined as 4) Section 18 liability is relatively narrow in scope because it relates only to a false or misleading statement in documents "filed" with the 5) For a particular assertion
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Week One Student Guide This course begins with a general overview of financial statements. Different financial statement users will have different needs for each of the financial statements. Each financial statement provides internal and external users with specific information‚ and each is like one piece of a jigsaw puzzle. People need all the pieces to get all the information to evaluate the true financial status of the organization. In addition to financial statements‚ you discuss regulatory
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ACC 423 Final Exam Copy this link to your browser and download http://www.finalexamguide.com/ACC-423-Final-Exam-WileyPlus-3-191.htm Question 1 Buttercup Corporation issued 330 shares of $10 par value common stock for $4‚950. Prepare Buttercup journal entry.( List multiple debit credit from largest to smallest amount e.g. 10‚5‚2) Question 2 Wilco Corporation has the following account balances at December 31‚ 2012 Common Stock $5 par value
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Practice Multiple Choice Questions for Exam 2 Prof. Alex Angelus Sept. 20‚ 2014 Question 1 2. Which of the following regarding the mean and variance of a portfolio of two stocks is false? a. . b. . \ c. d. . 2 Question 2 2. Which of the following are required conditions for the distribution of a discrete random variable X that can assume values xi? a. 0 p(xi) 1 for all xi b. c. Both a) and b) are required conditions d. Neither a) nor b) are required conditions
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Practice Supply and Demand Questions 1. If the price of chocolate-covered peanuts increases from 40 cents to 50 cents‚ Dan will reduce his quantity demanded from 160 bags to 140 bags due to: a) The law of demand b) The law of supply c) A decline in his income d) A change in his tastes and preferences 2. An increase in demand‚ all other things unchanged‚ will result in a(n)_______ in price and a(n)_______ in quantity. a) Increase; decrease b) Decrease; decrease c) Decrease; increase d)
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