ACCOUNTING 101 MIDTERM EXAMINATION 1. Which of the following is the correct accounting equation? A) Assets + Liabilities = Owner’s equity B) Assets = Liabilities + Owner’s equity C) Assets + Revenue = Owner’s equity D) Assets + Revenue = Liabilities + Expenses 2. Which of the following financial statements shows the changes in capital during a period of time? A) Income statement B) Statement of owner’s equity C) Statement of cash flows D) Balance sheet 3
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ECO 550 WEEK 6 CHAPTER 11 AND CHAPTER 12 PROBLEMS download here Chapter 11 2. Ajax Cleaning Products is a medium-sized firm operating in an industry dominated by one large firm Tile King. Ajax produces a multi-headed tunnel wall scrubber that is similar to a model produced by Tile King. Ajax decides to charge the same price as Tile King to avoid the possibility of a price war. The price charged by Tile King is $20‚000. Ajax has the following short-run cost curve: ‚000 - 5‚000Q + 100Q2. A. Computer
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co 550 Assignment 3 Assignment 3 1. Some games of strategy are cooperative. One example is deciding which side of the road to drive on. It doesn’t matter which side it is as long as everyone chooses the same side. Otherwise‚ everyone may get hurt. a. Does either player have a dominant strategy? Explain. I don’t believe that either player has a dominant strategy. Dominant strategy is “a strategy that results in the best outcome or highest payoff to a given player no matter what action
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Questions & Answers for Mid-Term Examination Chapter 2: 1- Identify and describe the three levels of the organizational hierarchy. Which types of information systems serve each level? Answer: The three levels of the organizational hierarchy: Senior Managers Middle Managers Operational Managers Types of information systems serve each level: Operational-level systems: support operational mangers‚ keeping track of the elementary activities and transactions. Management-level systems:
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maintain enduring health for yourselves and loved ones. The midterm and final will be worth 25% of the grade each. Clinical Rounds is worth 10% of grade. Assignments and participation will account for the remaining 40% of one’s grade. UNDERSTANDING NUTRITION MIDTERM QUIZ: Select (1) answer from each of the below questions. Print out this sheet and bring answers to class on Tuesday for our midterm review. Please note that the midterm exam will contain 2 matching sections‚ mostly concerning
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Practice Exam Questions and Answers 1. The Widget Co. purchased new machinery three years ago for $4 million. The machinery can be sold to the Roman Co. today for $2 million. The Widget Co.’s current balance sheet shows net fixed assets of $2‚500‚000‚ current liabilities of $1‚375‚000‚ and net working capital of $725‚000. If all the current assets were liquidated today‚ the company would receive $1.9 million in cash. The book value of the Widget Co.’s assets today is _____ and the market value
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AK/ADMS 4541 Advanced Corporate Finance Winter 2013 Mid-Term Exam Answer Key Question 1 (35 marks) a.) b.) (8 marks) (4 marks) Calculating the EOQ. EOQ = SQRT(2 * F * T / H) = (2 * 80 * 200‚000 / 1.00)0.5 EOQ = 5‚656.85 kg (4 marks) Calculating the EOQ savings. Total cost = (F * T/Q) + (H * Q / 2) = (80 * 200‚000 / 10‚000) + (1.00 * 10‚000/2) Total Cost @10‚000 kg = $6‚600 Total Cost EOQ = (F * T / Q) + (H * Q / 2) where Q = 5‚656.85 kg = (80 * 200‚000 / 5‚656.85) + (1.00 * 5‚656.85 / 2) = $5‚656
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1. What do you think when you read claims in a newspaper or magazine that seem to be unsubstantiated? When reading claims in a newspaper or magazine that seem to be unsubstantiated I often get annoyed and provoked. I strongly believe that writers are and should be responsible for what they are putting in their writing. They should make sure that the information given to the readers are true and reliable. I have such a strong and negative reaction‚ because some people may read that magazine
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ECO 311: Examining Economic Data and Models Spring 2013 Instructor: Dr. D. Fletcher Office: 3015 Farmer School of Business Office Hours: Mondays‚ 2:15 - 3:15 p.m. Tuesdays‚ 9:30 - 11:30 a.m. and 1 – 3 p.m. and by appointment E-mail: fletchd@muohio.edu Course Objectives: Welcome to ECO 311! The purpose of this course is to give students exposure to and experience with economic data and methods of empirical analysis. Students will be required to read and analyze several
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Eco-labelling and Accreditation are effective means of ensuring that tourism organisations adhere to the principles of sustainability? Tourism industry is ‘a consumer of resources’ which ‘represents an insidious form of consumptive activity’ (McKercher 1993 cited in Fyall and Garrod 1997‚ p.51). Governments of different countries are now seeking for different ways to prevent further exhaustion of natural resources that was caused by tourism activities and developments. The Green Globe programme
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