Week 2 Quiz Instructions: Select the correct answer for each question. You may use this worksheet to highlight the correct answer using the highlight function or simply create a Word Document‚ number from 1-15 and provide the correct letter for each corresponding question. Each question is worth .2 points. 1) What is a credit utilization rate? a. How many open credit accounts you have b. The percentage of all your reported credit accounts that are open accounts c. Your total outstanding balance
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• Consolidation journals are posted into the consolidation worksheet in “adjustment” columns as follows: Extract only Parent P Ltd. $’000 Subsidiary S Ltd. $’000 Adjustments DR Lecture 9 part b Consolidation: Wholly owned subsidiaries Prepared by Emma Holmes and Rick Newby Land Invt in S Ltd Receivables Cash 400 120 200 40 760 150 Share capital Retained earnings Creditors 500 160 100 760 100 20 50 170 Cons. Balances CR XX XX XX
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Wiley PLUS Exercises – ACC/ 561 Accounting Week 5: Exercises E 20-2‚ E20-5‚ Brief Exercise BE21-4‚ and Exercise E22-5 E 20-2: Zeller Electronics Inc. produces and sells two models of pocket calculators‚ XQ- 103 and XQ-104. The calculators sell for $12 and $25‚ respectively. Because of the intense competition Zeller faces‚ management budgets sales semiannually. Its projections for the first 2 quarters of 2010 are as follows. Reference Study Objective 03
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volume is outside the relevant range. 12. When would the high-low method be appropriate for estimating variable and fixed costs? When would least-squares regression be the most desirable? 13. Which cost structure has the greater risk? Explain. Chapter 3 6. When would the customer be willing to pay a premium price for a product or service? What pricing strategy would be appropriate under these circumstances? 7. What are three alternative approaches to determine the break-even point? What do the results
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BUSINESS: MARKETING QUIZ WEEK 4 1. | Question : | (TCO 1) The Book Promoters Association of Canada members recently questioned what could be done to rejuvenate the Canadian book publishing industry. Some members claimed the problem was Canadian retailers had been replaced by Wal-Marts. Others said the problem was with stodgy promotions. Still others said the problem was caused by too little money being budgeted to fund marketing programs. It was time that Canadian book publishers used __________
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Quiz #3 1. Outsourcing has become a way to increase an organization’s flexibility to meet rapidly changing market conditions‚ focus on core competencies and develop competitive advantage. As a result‚ the need for SM has intensified and positioned Supply Managers as agents of strategic change critical to supply chain success. A. True 2. Outsourcing decreases an organization’s flexibility to meet rapidly changing market conditions‚ but it can usually reduce total costs in the long-term B. False
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Homework Assignment #1 3-31 Tom and Linda are married taxpayers who file a joint return. They have itemized deductions of $11‚950 and four exemptions. Assuming an adjusted gross income of $40‚000.00 what is their taxable income for 2012? Adjusted Gross Income = $40‚000.00 Less: Itemized Deductions of $12‚250.00 Less: Personal Exemptions of $ 4($3‚700.00) =$14‚800.00 Taxable Income = $12‚950.00 3-32 Compute Marie’s taxable income for 2012‚ assuming she is single and claims two dependent
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Week 2 Quiz – HELP… 1. Question : All the following are forms of compensation except: Student Answer: Fixed working hours Bonuses Awards Equity (The answer can be found in Chapter 1 of BUS 303: Human Resource Management‚ in the section “Preparing compensation offers” Compensation packages can come in the form of pay‚ benefits‚ and such incentives as days off‚ bonuses‚ equities‚ awards‚ raises‚ flexible working hours‚ or promotions and opportunities for career development
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Unamortized bond issue cost 70‚000 Cash 70‚000 2. Cash (10‚000‚000x0.98) 9‚800‚000 Discount on bond payable 600‚000 Bond payable 10‚000‚000 Paid in capital -stock warrants 400‚000 3. Debt conversion expense 75‚000 Bond payable 10‚000‚000 Discount on bond payable 55‚000 Common stock 1‚000‚000 Paid in capital in excess of par 8‚945‚000 Cash 75‚000 E16-6
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sub-group each account belongs Arrange the accounts in proper order and functionality Prepare a Comprehensive Balance Sheet in good form Prepare a Single-step Income Statement in good form Put the course project in the dropbox for the project in week 8 Grading Rubrics Category Points % Description Making proper selection of accounts relative to the balance sheet or the income statement 20 20 From the provided listing of accounts determine which accounts are Balance Sheet accounts and
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