total for Part II is 70 minutes. For the exam‚ there are 150 question minutes total‚ each question minute corresponding to 1 point. You have 180 minutes to do the exam. The exam is CLOSED BOOK. You are allowed to use a non-programmable calculator. 1 Econ 252 Spring 2011 Final Exam Professor Robert Shiller Part I. Answer sixteen of the twenty questions (5 points each - 80 points total). 1. If a customer places a buy order for one millisecond only on an electronic limit order
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Business mathematics is mathematics used by commercial enterprises to record and manage business operations. Commercial organizations use mathematics inaccounting‚ inventory management‚ marketing‚ sales forecasting‚ and financial analysis. Mathematics typically used in commerce includes elementary arithmetic‚elementary algebra‚ statistics and probability. Business management can be made more effective in some cases by use of more advanced mathematics such as calculus‚ matrix algebra and linear programming
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financial position(current asset section)—but at what amount(value)? Some will not pay (2)this involves choosing one of the 2 methods to account for these uncollectable accounts (bad debts) Direct write-off method & Allowance method 3. Decision Flowchart ! 1. Direct write-‐off method (1) Assumes all receivables will be collected‚ a bad debt is recognized only when we know the debt will not be
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understand since it can be modified and have to be aware of all other parts of the program that access it • Global variables are not willing direct into flowcharts 2. How can you declare global and local variables in flowcharts? • Global variables are displayed in pseudo code but not in flowcharts directly o In order to declare global variables in a flowchart‚ you’d put that variable in the main part of the program (the main box where other functions will branch off from) for local variables‚ you’d put
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In the Bulk Ordering Selection for schools there bottleneck process is could happen if the warehouse personnel do not take the following steps indicated in the flowchart design. “A bottleneck is a point in an organization where the flow of a process is impaired or stopped entirely”. (Definition‚ 2009) The flowchart indicates the necessary steps that must be taken to prevent the bottlenecks process from happening. However‚ if the bulk ordering selection experiences a break down which causes bottlenecking
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their life moving across the United States and world as a military member. Therefore‚ they need services to assist them in this process. The rental section offers home and rental searches‚ real estate agents finders‚ home equity products‚ and mortgages. However‚ above all that‚ they offer a Movers Advantage program which members can earn up to $3‚100 cash back when buying and selling a home if they use their networking services. Finally‚ the retirement planning section helps members identify
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PROBLEMS CHAPTER 2 1) If you deposit Rs.100 in the bank today and it earns interest at a rate of 8% compounded annually‚ how much will be in the account 50 years from today? 2) On your birthday‚ your uncle gave you the money in his savings account. His only deposit was Rs.100 made 50 years ago. The savings account paid 8% compounded annually. How much money is in the account today? 3) A loaf of bread costs Rs.0.79 today. If its price increases by 6% per year‚ how much will an
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National Australia Bank Introduction For any person who first moved to Australia‚ for education‚ business or any other purposes‚ one of their first concerns is always which bank/s are the most trust-worthy. For those who know the answer to this question‚ a typical response would be‚ “any of the big four”‚ which includes the ANZ Bank‚ Commonwealth Bank of Australia‚ Westpac Bank‚ and the National Australia Bank. National Australia Bank is often mentioned as one of the “Big four” in the banking
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Chapter 1: Introduction 1.1 Introduction The humble of Asahi Motor Parts started of a small stall at Hokaido Building‚ Cor.Cervantes & Sta. Rosa Sts.‚ Dumaguete City‚ Negros Oriental. Mr. Jonie Jef D. Calo-oy puts up a small stall in the City of Dumaguete. Calo-oy started with a small amount of capital selling a variety of items mostly of motorcycle parts. Mr. Calo-oy was very observant to the needs of the customers and his business started to grow. Now‚ Asahi Motor Parts is one
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e. Data transaction documents 6. When an individual prepares a document flowchart‚ the names of the various organizational departments involved in the accounting information system should be listed: a) Along the righthand margin of the flowchart b) Along the lefthand margin of the flowchart c) In the title of the flowchart d) In the column headings of the flowchart (X) 7. The document flowchart symbol for a manual file (such as a file cabinet of accounts receivable invoices)
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