Ch. 3 Study Questions 1. Discuss the rationale for the economic regulations of transportation The reason for the economic regulations of transportation is to create the monopolistic industry into a more competitive one where prices will be more reasonable for the consumer as transportation is very important to the movement of everyday goods. The government in turn will determine if a firm can enter an industry; determine which market(s) a firm can serve in that industry; and determine the prices
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Financial Accounting for decision making Chapter 3 Homework 3-2. Are the following balance sheet items (A) assets‚ (L) liabilities‚ or (E) stockholders’ equity? A: Assests Liabilities Stockholder’s equity: c: Investments in stock d: Cash e: Land f: Inventory h: Marketable securities i: Patents m: Taxes payable p: Prepaid expenses q: Goodwill r: Tools s: Buildings a: Cash dividends payable b: Mortgage notes payable g: Unearned rent n: Account payable. o: Organizational costs j: Capital stock k:
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CHAPTER 3 1) An adhocracy is a knowledge-based organization where goods and services depend on the expertise and knowledge of professionals. FALSE Diff: 3 Page Ref: 86 AACSB: Reflective thinking skills CASE: Content Objective: 3.1 2) From the point of view of economics‚ information systems technology can be viewed as a factor of production that can be substituted for traditional capital and labor. TRUE Diff: 3 Page Ref: 87 AACSB: Use of information technology CASE: Content Objective: 3
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36. The office supplies were purchased by the manager on a company credit card. 37. Policymakers prohibited the use of social security numbers as identification; The law pass in many states and it protect students. 38. Bank approved new regulations‚ so those checks processed more quickly. 39. FedEx scanned millions of packages that stream through stream through its Memphis hub. 40. A serious error in this report seems to have made by the accountant. 41. The order for smart surge protectors was
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1. award: 0 out of 0.00 points On June 1‚ Cline Co. paid $892‚000 cash for all of the issued and outstanding common stock of Renn Corp. The carrying values for Renn’s assets and liabilities on June 1 follow: Cash $ 178‚000 Accounts receivable 237‚000 Capitalized software costs 374‚000 Goodwill 110‚000 Liabilities (201‚000 ) Net assets $ 698‚000 Note: Parentheses indicate a credit balance. On June 1‚ Renn’s accounts receivable had a fair value of $155
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Chapter 2 Examine Employee Data ACL in Practice Name: Josie Mae Medalla Course & Section: BSAT 4C Date: November 17‚2014 NOTE: Rename or Save this file as your Surname4A_Ch2_exer and if you’re finished‚ submit it to \\b501-server under submit ---chap2 exercises folder. Exercises (page 18) Project: Open an existing project---Surname4A_Metaphor_Employee_Data and start. Tables: Agents_Metaphor and Employee_List 1 Can you run the Profile command on just the HireDate in the Employee_List
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Atoms and Molecules Basic units of EVERYTHING! Which of these is true? 1. “Atom” and “molecule” mean the same thing. 2. Atoms are made of molecules. 3. Molecules are made of atoms. What is the smallest structure in this list that can be seen with an ordinary desk microscope? 1. 2. 3. 4. Cells. Cell nucleus. Atoms. Chain molecules‚ such as proteins. Atoms In our model of scale‚ remember that the BB represented an atom. Electrons Hydrogen Helium Neutrons Protons As a class‚ identify
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1 | Sunset Boards | | 2010 Income Statements | | $ (Thousands) | | | | | Net Sales | $321‚437.00 | | COGS | $(163‚849.00) | | S&A | $(32‚223.00) | | Depreciation | $(46‚255.00) | | EBIT | $79‚110.00 | | Interest | $(10‚056.00) | | Taxable Income | $69‚054.00 | | Tax (20%) = 13‚810.2 | $(13‚810.80) | | Net Income | $55‚243.20 | | | | | Retained Earnings | $27‚621.60 | | Dividents | $27‚621.60 | | | | | Sunset Boards
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2. There are two major types of legal systems used around the world: common law and code law. Code Law countries generally have corporation law which establishes the basic legal parameters governing business enterprises. On the other hand‚ in countries with a tradition of common law (UK)‚ specific accounting rules are established by the profession or by an independent nongovernmental body representing a variety of constituencies. Thus‚ the type of legal system in a country tends to determine whether
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“Suggested Solutions to Exercise” in Financial Accounting for Management by Ramachandran & Kakani Authored by Ram Kumar Kakani‚ “Copyright with Tata McGraw Hill Education Private Limited‚ 2011” CHAPTER 2 Balance Sheet Note: Answers to only half the questions have been provided. It gives you an opportunity to work on the rest problems and discuss about the relevant solutions. You are requested to complete this chapter before attempting the questions. MULTIPLE CHOICE QUESTIONS 1. 2. 3. 4. 5. 6. 7
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