BUSINESS MATH SEMESTER REVIEW I. BANKING 1. In a check with the correspondent stub‚ students should know how to: * Record transactions. * Determine who is the payee‚ the drawee‚ the drawer‚ the banks identification number‚ the account number‚ write checks‚ calculate balances‚ etc. 2. With a list of transactions‚ all dated and numbered‚ students are requested to prepare a Bank Reconciliation. II. PERCENTS‚ DECIMALS AND FRACTIONS 1. Students should be prepared to make
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ECON112 Macroeconomics Problem Set 3 *Solution* Fall 2010 (Instructor: Li‚ Yao; TA: Fok Pik Lin‚ Astor) -----------------------------------------------------------------------------------------------------------------------------------Posted: Monday‚ November 1‚ 2010 Due: 5:30 PM Monday‚ November 8‚ 2010 40 marks total Part I: True/False/Uncertain Please justify your answer with a short argument for each question and draw a diagram if necessary. (15 marks‚ 3 marks each: 1 mark for correct judgment
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CHAPTER 7 Fraud‚ Internal Control‚ and Cash Study Objectives 1. Define fraud and internal control. 2. Identify the principles of internal control activities. 3. Explain the applications of internal control principles to cash receipts. 4. Explain the applications of internal control principles to cash disbursements. 5. Prepare a bank reconciliation. 6. Explain the reporting of cash. 7. Discuss the basic principles of cash management.
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Challenges in recruitment and selection practices Recruiting‚ selection and hiring of employees is the most important job of a Human Resource person. Cooper‚ et al‚ (2003) it cannot be blunder that the success of any firm depends on the quality of human resources and talents in the firm. The quality of the organization’s products and services will suffer if unsuitable people are employed. In the CIPD view point it believes that effective recruitment is central and crucial to the success of day
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Chapter 9 # 17: Present values Jack Hammer invests in a stock that will pay dividends of $2.00 at the end of the first year; $2.20 at the end of the second year; and $2.40 at the end of the third year. Also‚ he believes that at the end of the third year he will be able to sell the stock for $33. What is the present value of all future benefits if a discount rate of 11 percent is applied? (Round all values to two places to the right of the decimal point.) Answer: The following formula calculates
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Week 3 Problem Set Answer the following questions and solve the following problems in the space provided. When you are done‚ save the file in the format flastname_Week_3_Problem_Set.docx‚ where flastname is your first initial and you last name‚ and submit it to the appropriate dropbox. Chapter 7 (pages 225–228): 1. Your brother wants to borrow $10‚000 from you. He has offered to pay you back $12‚000 in a year. If the cost of capital of this investment opportunity is 10%‚ what is its NPV? Should you
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Answers Fundamentals Level – Skills Module‚ Paper F7 (INT) Financial Reporting (International) 1 (a) December 2008 Answers Pedantic Consolidated income statement for the year ended 30 September 2008 $’000 98‚000 (72‚000) ––––––– 26‚000 (3‚000) (7‚600) (500) ––––––– 14‚900 (5‚400) ––––––– 9‚500 ––––––– Revenue (85‚000 + (42‚000 x 6/12) – 8‚000 intra-group sales) Cost of sales (w (i)) Gross profit Distribution costs (2‚000 + (2‚000 x 6/12)) Administrative expenses
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check every spring and valley in the land. Maybe we can find enough grass to keep our horses and mules alive and not have to kill our animals.” 6 So each one chose a part of the country to search; Ahab went in one direction and Obadiah in another. 7 While Obadiah was on his way‚ Elijah
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Quinnipiac University School of Business FIN350 Global Financial Markets & Institutions Questions & Problems Set 5 Spring 2013 1. Explain why commercial banks are regulated and describe the major pieces of legislation enacted to prevent bank failures. Financial institutions are regulated because they provide products and services that the economy needs to function efficiently. Also they function in an environment where there is a great deal of asymmetric information‚ so they
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................................................................................................................3 Background......................................................................................................................3 Problem Formulation........................................................................................................4 Objectives......................................................................................................................
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