Week 5 – Assignment Ilba Rodriguez ACC 205: Principles of Accounting I Prof. Theresa Murray November 16‚ 2014 Problem 1 – Liquidity ratios. A. Edison Stagg Thornton Current ratio 3.56 3.69 3.83 Quick ratio 3.06 2.78 2.5 Current ratio calculations: Edison ($6‚000 (cash) + $3‚000 (short-term investments) + $2‚000 (AR) + $1‚000 (inventory) + $800 (prepaid expenses)) / ($200 (AP) + $3‚100 (notes payable) + $300 (accrued payables)) = 3.56 Stagg ($5‚000 (cash) + $2‚500 (short-term investments) + $2‚500
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Investigating the ‘Belief Bias’ Effect in Human Reasoning Abstract In this report an experiment was conducted to investigate the belief bias effect in human reason‚ the weighting attached to logic and belief in syllogistic reasoning. Belief biases were observed despite controls for conversion of premises. Belief bias was shown to be more marked in the invalid than the valid syllogisms. This consistent interaction between belief and logic was also noted. However‚ participants were intermediate
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Career Path and Reasoning Aptitude Below we will be discussing the results of the reasoning aptitude evaluation. This evaluation discusses the strengths and opportunity competencies that one may need to become more successful in their career path. Below I will be evaluating my strengths and weaknesses when developing my career path and how I work in a group‚ or on a team. As stated by Stacy Flint (2013)” When planning and choosing a career it helps to know the many benefits reasoning aptitude testing
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Describe the situation at Lehman Brothers from an ethics perspective. What’s your opinion of what happened there? The ethical issue here was that Lehman’s executives exploited loopholes in the accounting standards to manipulate their balance sheet in order to mislead the investing public. Using “Repo 105”‚ Lehman was able to clear huge amount unprofitable assets off its balance sheet instead of selling at loss. Evidence pointed out that the chief executive‚ Richard Ruld‚ knew about the use of
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Basic Accounting Equations Angela M. Hill-McBride ACC 205 Professor Ivory December 17‚ 2012 Basic Accounting Equations 1. Basic concepts. Jean’s Marine Supply specializes in the sale of boating equipment and accessories. Identify the items that follow as an asset (A)‚ liability (L)‚ revenue (R)‚ or expense (E) from the firm’s viewpoint. a. The inventory of boating supplies owned by the company. (A) b. Monthly rental charges paid for store space. (L) c. A loan owed to Citizens
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UNIVERSITY OF PHOENIX Discussion on Quantitative Reasoning for Business Course Self Reflection Paper 10/15/08 Discussion on Quantitative Reasoning for Business Course For many years‚ the quantitative or mathematical approach to business problem solving was the cornerstone of MBA programs worldwide. The traditional approach has been a rational analysis: information is collected‚ collated‚ analyzed and interpreted‚ alternatives are formulated‚ and a logical choice is consciously arrived
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GLOBAL REASONING TEST PRACTICE TEST © COPYRIGHT 2008 PROCTER & GAMBLE CINCINNATI‚ OH 45202 U.S.A. WARNING: All rights reserved. No part of this booklet may be reproduced in any form or by any means without expressed written permission. 2 PRACTICE TEST OVERVIEW PURPOSE This practice test is provided to help you understand the rules for answering the Reasoning Test by giving you: • • • • The exact instructions that you will receive when taking the actual Reasoning Test Suggestions and strategies
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ACC205Week 5 Final Paper (WalMart Financial Analysis Report) 1 Rosie Collins ACC 205: Principle of Accounting I Traci West March 31‚ 2014 ACC205Week 5 Final Paper (WalMart Financial Analysis Report) 2 Financial accounting reports‚ to include balance sheets and income statements provide accountants and the general public a snap shot of a company’s overall financial condition and
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501 CHALLENGING LOGIC AND REASONING PROBLEMS 501 CHALLENGING LOGIC AND REASONING PROBLEMS 2nd Edition ® NEW YORK Copyright © 2005 LearningExpress‚ LLC. All rights reserved under International and Pan-American Copyright Conventions. Published in the United States by LearningExpress‚ LLC‚ New York. Library of Congress Cataloging-in-Publication Data: 501 challenging logic & reasoning problems. p. cm.—(LearningExpress skill builders practice) Includes bibliographical references.
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Individual Influence of Moral Reasoning I am interested in the actions of star witness Mike McQueary. I am not going to focus on the abuse I am focusing on the morality of the decisions Mike McQueary made when he saw the abuse. It is his actions that drive me to answer the Individual Influence of Moral Reasoning. Mike McQueary reported to administration that Jerry Sandusky engaged in a sexual act with a student in 2001. What I am interested in about his actions is that when they were not appropriately
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