Week 12 Class Exercises Solutions: Exercise 13-29 1. Average investment in productive assets: Balance on 12/31/x1 $12‚600‚000 Balance on 1/1/x1 ($12‚600‚000 1.05) 12‚000‚000 Beginning balance plus ending balance $24‚600‚000 Average balance ($24‚600‚000 2) $12‚300‚000 a. ROI = = = 20% b. Income from operations before income taxes $ 2‚460‚000 Less: imputed interest charge: Average productive assets $12‚300‚000 Imputed interest rate .15 Imputed
Premium Variable cost Costs Cost
Exercise 6 Solution Chapter 6 Elasticity: The Responsiveness of Demand and Supply 6.1 The Price Elasticity of Demand and Its Measurement 1) Price elasticity of demand measures A) how responsive suppliers are to price changes. B) how responsive sales are to changes in the price of a related good. C) how responsive quantity demanded is to a change in price. D) how responsive sales are to a change in buyers’ incomes. Answer: C Comment: Recurring Diff: 1 Page
Premium Supply and demand Price elasticity of demand Elasticity
1. Ethical judgments limit the methods available in the production of knowledge in both the arts and the natural sciences. Discuss. 1. a) Define knowledge‚ judgment‚ methods‚ ethics b) How do morals limit the advancement of arts and natural sciences 2. Incorporate ways of knowing 4. a) Arts and natural sciences b) Ways of knowing: emotion‚ log/reasoning 5. Key examples a) Arts: self-mutilation; Damien Hirst – cuts animals in half and displays them b) Natural sciences: embryonic stem cell
Premium Vincent van Gogh Science Marie Antoinette
telephone 6. When using cable Internet‚ the data transmission shares the cabling with what other technology? Television 7. What is the name of the port used by an Ethernet cable? What is the name of the port used by a dial-up modem? RJ-45‚ RJ-11 8. If you want to upgrade your 100BaseT Ethernet network so that it will run about 10 times the current speed‚ what technology would you use? Gigabit Ethernet or 1000BaseT 9. What is the maximum length of a cable on a 100BaseT network? 100 meters or
Premium Ethernet
Answer for final exam of 2010 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | b | b | b | b | b | a | e | a | a | c | d | a | a | c | b | b | d | a | b | c | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | e | d | d | e | c | b | a | b | c | c | e | e | a | d | d | b | e | a | c | d | Part C: Question 44 a) Answer: 与习题一Question 45(a)相同。 b) Answer: 与习题一Question 45(b)相同。 c) Answer: 请上网找资料，比较分析西方国家用哪些政策来对付金融危机，比如
Premium Inflation
CHAPTER 2 Mechanics of Futures Markets Practice Questions Problem 2.8. The party with a short position in a futures contract sometimes has options as to the precise asset that will be delivered‚ where delivery will take place‚ when delivery will take place‚ and so on. Do these options increase or decrease the futures price? Explain your reasoning. These options make the contract less attractive to the party with the long position and more attractive to the party with the short position. They therefore
Premium Futures contract
EXERCISE 13-25 (20-25 minutes) (a) 1. | Current ratio = | $773‚000 | = 3.22 times | | | $240‚000 | | 2. | Acid-test ratio = | $52‚000 + $198‚000 + $80‚000 | = 1.38 times | | | $240‚000 | | 3. Accounts receivable turnover = $1‚640‚000 | $80‚000 + $198‚000 | = 11.8 times | | 2 | | (or approximately every 31 days) | 4. Inventory turnover = $800‚000 | $360‚000 + $440‚000 | = 2 times | | 2 | | (or approximately every 183
Premium Balance sheet Financial ratios
CHAPTER 8 Valuation of Inventories: A Cost-Basis Approach ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC) Topics 1. Inventory accounts; determining quantities‚ costs‚ and items to be included in inventory; the inventory equation; balance sheet disclosure. Perpetual vs. periodic. Recording of discounts. Inventory errors. Flow assumptions. 10‚ 11 7 12‚ 13‚ 16‚ 18‚ 20 4 5‚ 6‚ 7 Questions 1‚ 2‚ 3‚ 4‚ 5‚ 6‚ 8‚ 9 Brief Exercises 1‚ 3 Exercises 1‚ 2‚ 3‚ 4‚ 5‚ 6‚ 10 Problems 1‚ 2‚ 3 Concepts for Analysis 1
Premium Inventory FIFO and LIFO accounting
Chapter 9 - Materiality and Risk ← Multiple Choice Questions From CPA Examinations 9-22 a. (4) b. (4) 9-23 a. (1) b. (1) c. (1) 9-24 a. (2) b. (3) c. (1) 9-25 a. The justification for a lower preliminary judgment about materiality for overstatements is directly related to legal liability and audit risk. Most auditors believe they have a greater legal and professional responsibility to discover overstatements of owners’ equity than understatements because users are likely to be more
Premium Balance sheet Auditing Internal control
Solution A homogeneous mixture of two or more substances with each substance retaining its own chemical identity. Solute – substance being dissolved. Solvent – liquid water. General Properties of a Solution 1. Contains 2 or more components. 2. Has variable composition. 3. Properties change as the ratio of solute to solvent is changed. 4. Dissolved solutes are present as individual particles. 5. Solutes remain uniformly distributed and will not settle out with time. 6. Solute
Premium Solution Concentration Osmosis