Practice Exam Questions and Answers 1. The Widget Co. purchased new machinery three years ago for $4 million. The machinery can be sold to the Roman Co. today for $2 million. The Widget Co.’s current balance sheet shows net fixed assets of $2‚500‚000‚ current liabilities of $1‚375‚000‚ and net working capital of $725‚000. If all the current assets were liquidated today‚ the company would receive $1.9 million in cash. The book value of the Widget Co.’s assets today is _____ and the market value
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THE UNIVERSITY OF NEW SOUTH WALES Australian School of Business ACCT 3563: Issues in Financial Reporting & Analysis TUTORIAL - WEEK 10 Accounting for Financial Instruments and Foreign Currency Transactions Learning Objectives: 1. Understand what is a financial instrument‚ and how can they be categorised. 2. Accounting for a particular type of financial instrument – a “compound instrument” 3. Understand the accounting treatments of foreign currency transactions at: Date of transaction;
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Supply and Demand ECO/365 February 16‚ 2015 Eugene Kaufman Supply and Demand Understanding supply and demand is easy‚ but understanding how they affect the decisions made on what price to charge and when to charge is the challenging part. The shift in the demand curve and the shift in the supply curve‚ gives you a better idea of how to use the information given. Microeconomics versus Macroeconomics Microeconomics is the study of individual choice and how that choice is influenced by the economic
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Fundamentals of Macroeconomics Paper Kimberly Lincoln ECO/372 June 29‚ 2015 Dr. Bob Larkin Fundamentals of Macroeconomics Paper In this paper we will discuss the following common macroeconomic activities: purchasing of groceries‚ massive layoff of employees‚ and decrease in taxes. We will look closely at how each of these activities affects government‚ households‚ and businesses. Then take a look at the flow of resources from one entity to another according to this week’s reading‚ Figure 3-1 from
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Raise or Lower Tuition ECO 204 – Principles of Microeconomics January 25‚ 2015 Greg Kropkowski Raise or Lower Tuition Many people expect to get at least an associate degree sometime in their lifetime. However‚ just some of them can really complete it without having to quit simultaneously. High tuition costs are the main reason people cannot continue going to college or university. Raising tuition can provide more revenue for the institution‚ but it can affect the enrollment of new
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Auditing Issues - TR Week 10 Most people have the same feeling when they hear the word audit. It usually implements fear in a person‚ even though that person may have done nothing wrong. Fear is common when the auditors are being brought in because most people don ’t know what to expect. This is also true when audits are being done for businesses. I know from personal experience that the auditors are not always greeter with kindness. I currently working in an accounting firm and have had
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Harrison‚ Oliver‚ Best‚ Fraser‚ Tan & Willett‚ Financial th Accounting‚ 7 ed‚ Prentice Hall‚ Frenchs Forest. ISBN 9781442551930(pbk). The Study Guide should be used with the set text. Read the Study Guide’s introduction and first objective from Week 1 and then read about the topic in the set text. It is likely that an activity will listed which you should complete without making any reference to the answer-guide. If you have any difficulty‚ with the activity refer back to the Study Guide and set
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REFLECTIVE JOURNAL (WEEK 10) | | |WHAT HAPPENED? |HOW DO I FEEL ABOUT IT? | WHAT DID I LEARN? | |This week’s topic that we were asked to|I believe pricing describes the quality of|Strategies which are associated in setting | |read on is Pricing Strategies. The text|the product. Therefore‚ it should portrait|price. Factors that needs to be considered | |and the lecture notes described the |an image of a product in customers
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Engineering Materials Week 10 14.4 (a) Compute the repeat molecular weight of polypropylene. (b) Compute the number average molecular weight for a polypropylene for which the degree of polymerization is 15‚000. 14.10 Using the definitions for total chain molecule length L and average chain end-to-end distance r‚ for a linear polytetrafluroethylene determine: (a) the number average molecular weight for L=2000 nm. (b) the number–average molecular weight for r=15 nm. 14.19 (a) Determine the
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ECO 365 Week 5 Knowledge Check By www.StudentWhiz. com Copyright. All Rights Reserved by www.StudentWhiz.com ECO 365 Week 5 Knowledge Check Questions to ECO 365 Week 5 Knowledge Check are as follow: 1. 1 What problem do economists see with free trade areas such as NAFTA and the European Union? 2. They tend to lead to free trade rather than fair trade. 3. They can lead to regional trading blocs then restrict trade. Copyright. All Rights Reserved by 4. They lead to globalization. www.StudentWhiz
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