Week Seven Notes: The Stepsirhines: Lemurs and Lorises Prosimians(Same thing as Stepsirhines): Lemurs‚ Lorises‚ Tarsiers: Most primitive of the primates Exhibit the fewest derived traits (as a group) of all primates Ancestral Characteristics (ie. Inherited from mammals) • Rely more on olfaction • Moist noise and long snout • Eyes slightly more lateral Classification of Prosimians: Lemurs‚ Lorises‚ and Tarsiers Order- primates Suborder: Strepsirhines (used to be Prosimians) • Means “wet-nosed”
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Problem Sets Chapter 5 A1. (Bond valuation) A $1‚000 face value bond has a remaining maturity of 10 years and a required return of 9%. The bond’s coupon rate is 7.4%. What is the fair value of this bond? Calculating PV factor: i= required return = 9% = 0.09 n= 10 years Using Cash Flow of $1000 to calculate present value‚ Cash flow= $1000 PV factor = 1/(1+i)^n = 0.42241 PV = $1000*0.42241= 422.41 Using Coupon Rate to calculate present value of Annuity Cash flow= $1000 * 7.4/100 =
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HUMBER COLLEGE THE BUSINESS SCHOOL ACT 103- FINANCIAL ACCOUNTING I ACCOUNTING CYCLE ASSIGNMENT – INDIVIDUAL GRADE VALUE DUE DATE: OCTOBER 2013 EACH STUDENT IS REQUIRED TO SUBMIT THE HARD COPY (TYPED) OF THE ASSIGNMENT AT THE BEGINNING OF THE CLASS. DAUE DATE IS NOT NEGOTIABLE. PRACTICE SET – (YOUR NAME) ACCOUNTING SERVICES Service Business Accounting Cycle Assume that you are starting a new business‚ (YOUR NAME) Accounting Services‚ with a new partner‚ Harry Fowl. Harry has had some
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Global Environments and Problem Sets Learning Team C Acc/300 Summary organizations’ financial statements: How is the corporation’s debt securities reported on the financial statements How is the corporation’s stock investments reported on the financial statements Why would the corporation invest in stocks and debt securities? What are the corporation’s relative risks and rewards of equity versus debt securities? Debt securities are distinct from equity instruments‚ but both assets
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HB 267 Cost Controls: Homework quiz Due: Thursday 10/7/14 Name ______Macie DeGraaf________________ 15 points Menu item |Number sold |Standard/budgeted portion cost | |A |580 |$4.45 | |B |285 |$6.20 | |C |600 |$4.15 | |D |200 |$6.00 | |E |475 |$5.95 | |F |320 |$7.05 | |G |545 |$6.10 | |H |200 |$6.95 | |Totals |3‚205 | | | | | | |Solve all problems for 2 decimal places (x.xx) | | | |Food sales |$57‚680.30 | | | | | | |1. Food cost $ based on standard cost figures |$17834.75 |(1 pt) | | | | | |2
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Chapter 7 Telecommunications‚ the Internet‚ and Wireless Technology 1) Telephone networks are fundamentally different from computer networks. Answer: TRUE 2) Increasingly‚ voice‚ video‚ and data communications are all based on Internet technology. Answer: TRUE 3) To create a computer network‚ you must have at least two computers. Answer: TRUE 4) An NOS must reside on a dedicated server computer in order to manage a network. Answer: FALSE 5) A hub is a networking device that
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Department of Economics University of California‚ Berkeley Fall 2012 Econ 182 Solutions Problem Set 8 Problem 1. Exchange Rates and International Transmission a. Suppose that the US engages in a monetary expansion. Since exchange rate is pegged to the US dollar‚ country X’s monetary authorities are forced to expand their money supply as well (recall that i = i* under FixER). Interest rates fall in country X‚ output expands‚ and of course the exchange rate remains unchanged. On the AA-DD diagram
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CHAPTER 7 CORPORATIONS: REORGANIZATIONS SOLUTIONS TO PROBLEM MATERIALS Status: Q/P Question/ Learning Present in Prior Problem Objective Topic Edition Edition 1 LO 1 IRS Letter Ruling Unchanged 1 2 LO 1 Reorganizations follow tax law Unchanged 2 3 LO 1 Types of reorganizations Unchanged 3 4 LO 2 Comparing like-kind exchange to corporate New reorganization 5 LO 2 Four-column template Unchanged 5 6 LO 1‚ 2‚ 3 Reorganization: tax attributes Unchanged 6 7
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Problem Set Seven Solutions Chapter 9 1. Two car manufacturers‚ Saab and Volvo‚ have fixed costs of $1 billion and constant marginal costs of $10‚000 per car. If Saab produces 50‚000 cars per year and Volvo produces 200‚000‚ calculate the average fixed cost and average total cost for each company. On the basis of these costs‚ which company’s market share should grow in relative terms? Answer: Average total cost is average fixed cost plus marginal cost: ATC = FC/Q + MC. Volvo’s average fixed cost
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Chapter 7 - Consolidated Financial Statements - Ownership Patterns And Income Taxes CHAPTER 7 CONSOLIDATED FINANCIAL STATEMENTS - OWNERSHIP PATTERNS AND INCOME TAXES Answers to Problems 1. D 2. B 3. D 4. C 5. C 6. C 7. A Damson ’s accrual-based income: Operational income ................................................................... Defer unrealized gain ................................................................ Damson ’s accrual-based income ......................................
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