Operations BUS 3500 Midterm Examination Total: 120 points Your Score: ______________ Student: __________________________________________________________________________________ I. True or False (20 points). Please mark “A” for true and “B” for false on your scantrons. Questions 11-20 have been taken from Test 1. 1. In a process map‚ a circle represents a step or activity in the process. Answer: FALSE Diff:
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Assignment 1 In Microsoft Excel‚ complete the table below‚ then using one chart‚ draw the following curves: * Short-run average product (AP) curve; * Short-run marginal product (MP) curve. Table showing the Average and Marginal product of labor for a hypothetical firm Amount of labor( units) | Amount of capital(No. of machines) | Output of parts(Q‚ hundreds of parts) | AP (Q/L) | MP (∆Q/∆L) | 0 | 5 | 0 | | | 1 | 5 | 49 | 49.00 | 49.00 | 2 | 5 | 132 | 66.00 | 83
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Exam I -REVIEW-CH 1-4Exam I -REVIEW-CH 1-4 Student: ___________________________________________________________________________ 1. If Chrysler raises the prices of its new models of pickup trucks by 4 percent and General Motors and Ford follow by raising prices by a similar amount‚ then this is evidence of A. a monopoly. B. an oligopoly. C. pure competition. D. monopolistic competition. E. supply and demand. 2. Because the US government regulates business to ensure competition and protect
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LaTrisha Zackery Assignment 1 Complete the table (Table 1) below‚ then draw the following curves: Short-run average product (AP) curve; Short-run marginal product (MP) curve. Table showing the Average and Marginal product of labour for a hypothetical firm Amount of labour( units) | Amount of capital(No. of machines) | Output of parts(Q‚ hundreds of parts) | Average product (Q/L) | Marginal product(∆Q/∆L) | 0 | 5 | 0 | - | - | 1 | 5 | 49 | 49 | 49 | 2 | 5 | 132 | 66 | 83 | 3 | 5
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so similar to cah‚ they are combined with it on the balance sheet. 6. Two items that are often encountered in reconciling a bank statement that may caus cash per the bank statement to be larger than the balance of cash shown in the depositor’s accounting records include credits for interest earned and credit for collecting a note receivable on behalf of the depositor. These would be noted in the reconciliation as credit memoranda. 7. Investments in marketable securities are shown separately
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Midterm #2 is THURS 11/8/12 in lecture EBS 309: bring 100 question scantron & #2 pencil This exam covers material from lectures #9 (9/27/12) through #19 (11/1/12) Remember – you should take an ACTIVE role in studying – test yourself by trying to explain concepts to others or to yourself with no notes. Find a partner or group to study REGULARLY with – it is not pos sible to learn in 1 night! If needed‚ seek help with plenty of time before the test. Lecture #9 (9/27/12): Phytoplankton‚ Picoplankton
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Chapter 1: Problem 2. Explain several dimensions of the shareholder-principal conflict with manager agents known as the principal-agent problem. To mitigate agency problems between senior executives and shareholders‚ should the compensation committee of the board devote more to executive salary and bonus (cash compensation) or more to long-term incentives? Why? What role does each type of pay play in motivating managers? The compensation committee should devote more to long-term incentives for
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1. Question : (TCO A) Wages paid to an assembly line worker in a factory are a Student Answer: Prime Cost YES.....Conversion Cost NO. Prime Cost YES.....Conversion Cost YES. Prime Cost NO....Conversion Cost NO. Prime Cost NO.....Conversion Cost YES. Instructor Explanation: Chapter 2 Points Received: 6 of 6 Comments: 2. Question : (TCO A) A cost incurred in the past that is not relevant to any current decision is classified as
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AQA Exam-style Questions Cell activity 1. a) - A : nucleus - B : mitochondria - C : ribosomes - D : plasmids b) The nucleus controls all activities within the cell. It also contains genetic materials used to create new cells. c) Plasmids and genetic materials in cytoplasm d) i 75 ii 28 iii 0.15 e) Protein can be used to build up cells as it is a structural component of every cells. It is also an enzyme as well. f) There are no mitochondria in bacterial cells because they are
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intangible assets on the balance sheet of Janssen Enterprises. Cash $1‚500‚000 Accounts Receivable 4‚000‚000 Trademarks 1‚000‚000 Goodwill 2‚500‚000 Research & Development Costs 2‚000‚000 $7‚500‚000. $3‚500‚000. $9‚500‚000. $5‚500‚000. On January 1‚ a machine with a useful life of five years and a residual value of $40‚000 was purchased for $120‚000. What is the depreciation expense for year 2 under the double-declining-balance method of depreciation? $28‚800. $38‚400. $48‚000. $23‚040
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