Homework 2 Solution 1. Consider the diagram of the electronic system‚ which shows the probabilities of the system components operating properly. The entire system operates if assembly III and at least one of the components in each of assemblies I and II operates. Assume that the components of each assembly operate independently and that the assemblies operate independently. What is the probability that the entire system operates? 0.9 0.9 0.8 0.8 0.7 I II III 0.95 Solution: P = [1-(1-0.9)*(1-0
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Managerial Accounting and Control Decision Making: Relevant Costs and Benefits Case 14-62 Roy Kondoy Shella Faye Sportway Corporation • Sportway is a wholesale distributor supplying a wide range of moderately priced sports equipment to large chain stores • Products: 60% purchased‚ 40% manufactured • The company has a Plastics Department that is currently manufacturing molded fishing tackle boxes • Sportway is able to manufacture and sell 8‚000 tackle boxes annually‚ making full use of its direct-labor
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CHAPTER 5: ACCOUNTING FOR GENERAL CAPITAL ASSETS AND CAPITAL PROJECTS OUTLINE Number Topic Type/Task Status (re: 13/e) Questions: 5-1 Distinguishing general capital assets from fund capital assets Describe New 5-2 Capital asset disclosures Explain New 5-3 Modified approach for infrastructure Describe New 5-4 Capital lease accounting Describe 5-8 revised 5-5 Asset impairment Explain New 5-6 Use of capital projects funds Explain 5-4 revised 5-7 Encumbrances Explain Same 5-8 Construction
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CHAPTER 2 REVIEW OF RELATED LITERATURE I. Background Black Rice Bug Black rice bug or mostly known as ‘’ itim na atangya ‘’ appears commonly during rainy seasons yet they are also seen during summer and when irrigation starts. An adult female bug lays their eggs in clusters‚ each containing 29-34 eggs‚ egg incubation of RBB is 3 to 7 days. It lives from 3 to 7 months. The female lays about 200 eggs during her lifetime. Large populations of this pests are more common on lowland rice‚ rain
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importantly‚ human capital. These intangible assets are likely to provide tremendous earnings growth in the future which determines the company’s market value. Notice also that the company’s choice of conservative accounting policies has the effect of depressing the company’s book value of equity. 2. What effect did Microsoft’s software capitalization policy have on its financial statements? Ignore any potential tax effects. a. Assume that 60% of Microsoft’s research and development expenses were
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Chapter 02 - Principles of Accounting and Financial Reporting for State and Local 11. The accounting system used by a state or local government must make it possible A. To present fairly the financial position and results of financial operations of the government as a whole‚ as well as fund financial activity in conformity with GAAP‚ and to demonstrate compliance with finance-related legal and contractual provisions. 12. Which of the following is not a characteristic of a fund as defined by GASB
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Problem 2-43 (35 minutes) |1. |San Fernando Fashions Company | | |Schedule of Cost of Goods Manufactured | | |For the Year Ended December 31‚ 20x2 | | |
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FLORIDA STATE COLLEGE AT JACKSONVILLE Syllabus July 1‚ 2013 ACG2071 – Managerial Accounting 3 CREDIT HOURS |Term/Year: |Summer 2013 | |Reference Number: |386887 | |Instructor: |Ann Meuse | |Classroom: |ATC Room TO208 | | |6:00
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CSCI 4061: Introduction to Operating Systems Fall 2008 Mid-Term Exam II Sample Solution NAME: STUDENT ID: General Instructions: • Write your name and student ID clearly above. • You have 1 hour and 15 minutes to write the exam. No extra time will be given. • There are 4 questions in the exam‚ all with subparts. The questions combine for a maximum of 100 points. • You must write your answers clearly in the space provided for each question. You might use the backside of each page‚ as well as
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basis. No product or service has been exchanged between Gee Company and its customers. Therefore‚ no subscription revenue has been earned. On a cash basis‚ Gee would recognize the full amount of cash received of $36‚000 as revenue in 1998. E2-2. Determining unearned subscription revenue (AICPA adapted) Since subscription revenue is not earned until the customer has received the video‚ unearned subscription revenue should be equal to the amount of subscriptions sold but not yet expired
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