00 - $230‚000 = $70‚000 Average markup percentage = 70‚000/230‚000 x 100 = 30.43% Instructor Explanation: $60‚000 + $40‚000 + $30‚000 + $50‚000 + $20‚000 + $30‚000 = $230‚000 ($300‚000 - $230‚000) / $230‚000 = 30.4% Points Received: 5 of 5 Comments: Question 2. Question : Related to Problem 1‚ compute the average markup percentage for setting prices as a percentage of the variable cost of the product. Student Answer: Direct materials $60‚000 Direct manufacturing labor $40
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ACCT 555 External Auditing Chapter 12‚ pages 390–397: Problems 12-17‚ 12-18‚ and 12-27 Chapter 13‚ pages 429–430: Problems 13-22‚ 13-23‚ and 13-24 Chapter 12‚ pages 390–397: Problems 12-17‚ 12-18‚ and 12-27 12-17 a. (2) technologies reduce some types of risks while introducing new types of risks to be managed. b. (1) Controls that determine whether a vendor number matches the pre-approved vendors in the vendor master file. c. (3) expand testing of automated application controls used to reduce control
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1. At what point does marriage give a spouse the right to enter the property of his or her marriage partner? According to the information given in the early discussion‚ it clearly states that a spouse cannot be committed of burglary if the spouses are still legally married. This does not include legal separations or divorces. Also‚ the other must allow the entrée of the spouse. While the offense [of burglary] is not committed by one who breaks and enters his own dwelling or other building‚ it has
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in the year incurred (options a. and b.). Individuals cannot carry back net capital losses (option c.)‚ and can deduct net capital losses against ordinary income only to the extent of $3‚000 in any year (option d.). Page 1-18. Points Received: 5 of 5 2. Question: (TCOs 2 and 3) Which‚ if any‚ of the following provisions cannot be justified as mitigating the effect of the annual accounting period concept? Your Answer: Nonrecognition of gain allowed for involuntary conversions.
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Week 5 – Homework – Answer Key Due Feb. 23‚ 2013 A total of 20 points are possible for this homework 1. A black guinea pig is crossed with an albino guinea pig‚ producing 12 black offspring. When the very same albino is crossed with another black guinea pig‚ 7 black and 5 albinos are obtained. Explain this genetic outcome by writing out the genotypes for the parents‚ gametes‚ and offspring in both crosses. First Cross: The fact that all F1 offspring are black suggests that the parents of the first
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Finance Week 1 Homework Questions & Answers 1. | Question : | (TCO 1) Which of the following statements is not true regarding the goal of financial management? | | | Student Answer: | x | The goal of maximizing the value per share of existing stock is relevant to all organizations. | | | | A way of aligning management goals to shareholder’s interest is to tie managerial compensation to the market value of the firm’s stock. | | | | For a company considering international
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Course Homework Week 5 IT Governance‚ SEC 592 Clarke Cummings Keller Graduate School of Management Gregory Gleghorn‚ Professor Summary Understanding the issues around regulatory compliance can be a difficult and frustrating endeavor. Financial data must be kept confidential and unmolested at all costs. With data reporting‚ security and privacy gaining importance‚ companies world-over are under increasingly complex requirements for regulatory compliance. The intent of these multiple
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These are the automatically computed results of your exam. Grades for essay questions‚ and comments from your instructor‚ are in the "Details" section below. Date Taken: 11/15/2014 Time Spent: 3 h ‚ 17 min ‚ 15 secs Points Received: 75 / 75 (100%) Question Type: # Of Questions: # Correct: Multiple Choice 8 8 Essay 2 N/A Grade Details - All Questions Question 1. Question : (TCO B) In which of the following situations may taxpayers file as married filing jointly? (Becker CPA Review Course)
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the APR is low as well compared to Regions Best. 3. AirJet Best Parts‚ Inc. has decided to take a $8‚100‚000 loan being offered by Regions Best at 9.2% APR for 5 years. What is the monthly payment amount on this loan? Do you agree with this decision? Explain your rationale. Answer: Loan: $8‚100‚000 APR: 9.2% Terms Of loan = 5 Years Months = 60 FV = $0 Monthly Payment (PMT) = $168‚930 Air Jet made right Decision to get loan from Region Best because its monthly payment would be lower
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Kelsie Bellino Homework Assignment for Week 4: • Prepare a ratio analysis for the fiscal year ended Dec 31‚ 2012. Organize your analysis per the following outline: (1) Liquidity - Current ratio: current assets/ current liabilities= 25‚000/17‚000 = 1.47% - Quick ratio: current assets-inventory/ current liabilities= 25‚000-17‚000 / 17‚000 = .25 (note: 17‚000 cancels itself out) Comments on liquidity: Cannot tell if these ratios are good or bad without more information on the company’s
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