Things on the exam: All multiple choice questions – no short answers Over chapters 1-4 No formula sheet Memorize ratios from Chapter 2 Chapter 1 Know steps of financial planning process What common features exist in financial plans Chapter 2 Calculating your net worth Balance sheets Income statement KNOW ratios Chapter 3 Time value of money Bring financial calculator Payments Chapter 4 You don’t have to calculate taxes Know about the process Taxable income What
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BUSINESS LAW 401 – FINAL EXAM 1. Name three ways to finance a new business. 2. What is the primary purpose of federal bankruptcy law? a. To protect creditors b. To treat all creditors equally c. To preserve business relationships d. To discharge the debtor from burdensome debts by giving him a fresh start 3. Martha started a flower shop as a sole proprietor. After one year‚ she was forced to close the shop because business was so bad
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ACCT1501 Practice Exam Questions 2014S1 QUESTION 1 (8 Marks) Financial Reporting Principles‚ Accounting Standards and Auditing‚ & Sustainability Reporting Provide short answers to the following: 1. What are generally accepted accounting principles? (2 Marks) 2. If you have a good idea and expect to make a lot of money from the idea is that a sufficient reason to recognise an asset? Explain why or why not. (2 Marks) 1 ACCT1501 Practice Exam Questions 2014S1 3. How can financial
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CJUS Final Review 1. Know what the Fifth Amendment limits? Limitations on the exercise of governmental power or authority and prevent person from being tried twice for the same offense‚ testify against himself. 2. Sixth Amendment guarantees what? The Sixth Amendment guarantees the right to legal counsel at all significant stages of a criminal proceeding. 3. The eighth amendment bars what? U.S. constitutional amendment forbidding excessive bail‚ excessive fines‚ and cruel and unusual
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Finance Department Finance 320 (501): Money and Banking Syllabus; Winter‚ 2013 Instructor: D. Andrew Bateman Location: DePaul Center Room 8210 Time: Monday & Wednesday; 11:50 am to 1:20 pm Office: DePaul Center; 5549 Telephone: 312-362-8351 Email: dbatema1@depaul.edu Office Hours: Monday & Wednesday: 9:00-10:00 am; 2:30-4:00 pm Tuesday: 9:00-12:00 am; 1:00-3:00 pm; Other times by appointment Course Objective: Our objective will be to
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cost advantages entrants have to pay higher prices for inputs‚ this may be due to economies of scale or due to existing firms owning or controlling the supply of scarce resources. Scale economy barriers exist when declining LRAC for the product in question makes it difficult for smaller firm to enter the market. Perfectly competitive markets are said to have 0‚ or low‚ barriers to entry compared to monopoly industries which have very high barriers. It is possible for monopolies to own patents and
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Example Questions Essentials of Organizational Behavior. 1 Ch.1 The underlying principle of scientific management was to: A) structure organizations for the efficient management of people. B) apply statistical analysis to the design of jobs C) get people to do more work in less time. D) eliminate the need for first-line supervisors C 2 Ch.1 The human relations movement A. emphasized the importance of employee training and development. B. encouraged employee participation in organizational decision
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MBA/503 Final Exam Name:__________________ 1. An item which may be converted to cash within one year or one operating cycle of the firm is classified as a A) current liability. B) long-term asset. (correct) C) current asset. D) long-term liability. 2. Which account represents the cumulative earnings of the firm since its formation‚ minus dividends paid? A) Paid-in capital B) Common stock C) Retained
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Case 1 Corporate Finance: Capital Budgeting and Resource Allocation Victoria Chemicals plc: (A) The Merseyside Project and (Case 22)‚ (B) Merseyside and Rotterdam Projects (Case 23) - Bruner‚ 6th ed. The two cases shall be written as one project Each group should hand in a final report plus be prepared to present their results at a seminar. The report should contain problems‚ methods‚ and relevant references well formulated and discussed‚ together with a thorough analysis. (Note: methods is
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Chapter 4: § 1031: Like-kind exchange. Realized gain or loss is deferred until the property is sold. § 351: Gain or loss is not recognized from property exchanged for stock that results in corp control 80%. (Cash or boot is still recognized; stock”qualified preferred‚ stock rights‚ stock warranties)(Transferor must transfer prop10% services) §357(a):Liability in §351‚ liab not treated as boot for gain recognition purposes. (S/H basis‚ boot is included; Corporation basis‚ reduced by liab assumed)
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