Chapter One The Accounting Equation and Double-entry Bookkeeping I. Learning objectives After completing this session‚ students should be able to (1) Define assets‚ liabilities‚ owner’s equity‚ revenue and expenses; (2) Understand the functions of the fundamental accounting equation; (3) Record business transactions and illustrate their effects on the fundamental accounting equation; (4) Understand the accounts payable‚ accounts receivable‚ prepaid insurance‚ and drawing accounts;
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States determine for the most part who is eligible to vote. Their laws can exclude large numbers of people from polls and create variation of voting throughout the country. For example‚ all state but Maine and Vermont prohibit prison inmates from voting. Majority of states also refuse to let people vote if they are on parole. There are ten states total that has permanently banned all convicted felons from voting. If states wanted to permit a 16 year old to vote‚ they could do that‚ however no state
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Assignment 1 NPV: = -PF + FV /(1+r) PV = FV/(1+r) or PV = C1/1-r + C2/(1-r)2 + .. + CT/(1-r)T Rate of return: R=(Vf-Vi)/Vf Rate r compounded m times a year: FV = C(1+r/m)mt 10% semiannually = 10.25% annually‚ Hence 10.25 is said to be the Effective Annual Yield (EAY) 1+EAY = (1+r/m)mt Assignment 2 Perpetuity The value of D received each year‚ forever: PV = D/r Annuity The value of D received each year for T years: PV = (D/r)*[1 – 1/(1+r)T] Growing Perpetuity PV = D/(R-g) R: the
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11-3 Marvin Enterprises Decides to Exploit a New Technology—an E... https://connect.mcgraw-hill.com/sites/007131430x/student_view0/ebo... Principles of Corporate Finance Global Edition Ebook 10/e Content Chapter11: Investment‚ Strategy‚ and Economic Rents p. 307 309 308 311 To illustrate some of the problems involved in predicting economic rents‚ let us leap forward several years and look at the decision by Marvin Enterprises to exploit a new technology. 18 One of the most unexpected
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Imagery is the element of description and these two stories display it exceptionally. The Cold Equation by Tom Godwin and The Photograph by Will Weaver‚ descriptive imagery‚ that’s what they draw the reader along with. In The Cold Equation a teenage girl went onto the ship an EDS ship taking supplies to different planets and becomes a stowaway. In The Photograph there was a photo going around of a teacher that Anthony took. Then when they found out about the photo‚ Anthony ends up losing the position
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Accounting Equation Paper NAME ACC/300 INSTRUCTOR DATE The basic accounting equation is: Assets = Liabilities + Stockholders’ Equity. When looking at the balance sheet one can assume that assets must balance out each transaction and balance the claims to the assets (Kimmel‚ 2010). A balance sheet provides Assets of the company first and foremost‚ then Liabilities and Stockholders’ Equity and last retained earnings. This shows the companies incoming money‚ outgoing payments‚ and the
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The short story “Cold Equations” by Tom Godwin is about human nature versus reality‚ because the girl’s nature told her to get on the EDS as a stowaway‚ but she didn’t know the reality so she suffered the ultimate consequence of death. The EDS pilot knew he wasn’t alone in the EDS because of the heat sensor. He knew what he had to do‚ so he opened the cabinet where the human was. The pilot is surprised to find a young happy girl in the cabinet and gets thrown off his objective. He tells her what
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In the short story‚ “The Cold Equations‚” written by Tom Godwin‚ is about an emergency supplies ship pilot who finds a stowaway on his ship‚ and must execute her on sight. This story illuminates the theme that sometimes‚ the consequences to one’s actions can be worse than the initial crime itself. First‚ in the beginning of the story‚ The E.D.S pilot sits in the cockpit of his ship‚ reciting the clearly stated law‚ “Any stowaways discovered in an EDS shall be jettisoned immediately following
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meals consumed per day (X) child weight (Y) X² Y² XY Ahmad 11 8 121 64 88 Ali 16 11 256 121 176 Osama 12 9 144 81 108 Husien 19 13 361 169 247 Total 58 41 882 435 619 a. Determine the simple linear regression equation. b. Determine the correlation coefficient. Interpret it in words. c. What is the expected child weight if the number of meals increased by 2 meals per day? Q2. A hospital supervisor wishes to find the relationship between the number of nurses
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TECHNICAL PAPER A Practical Equation for Elastic Modulus of Concrete by Takafumi Noguchi‚ Fuminori Tomosawa‚ Kamran M. Nemati‚ Bernardino M. Chiaia‚ and Alessandro P. Fantilli Many empirical equations for predicting the modulus of elasticity as a function of compressive strength can be found in the current literature. They are obtained from experiments performed on a restricted number of concrete specimens subjected to uniaxial compression. Thus‚ the existing equations cannot cover the entire experimental
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