Short-Term Solvency Ratio: A) Current Ratio = Current Assets / Current Liabilities‚ B) Quick Ratio = (Current Assets – Inventory) / Current Liabilities‚ C) Cash Ratio = Cash / Current Liabilities Asset Utilization Ratios: A) Turnover = Sales / Total Assets‚ B) Inventory Turnover = Cost of Goods Sold / Inventory‚ C) Receivables Turnover = Sales / Accounts Receivables Long-term Solvency Ratio: A) Total Debt Ratio = Total Debt (Current Liabilities + Long term Liabilities) / Total Assets‚ B) Debt-Equity
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Nine Steps of Accounting Cycle William Watkins XACC/280 March 6‚ 2012 Donna Adams Nine Steps of the Accounting Cycle Screen Shot 08 March 2012 [pic] The nine steps of the accounting cycle ae generally described as follows. These steps are designed to follow a logical sequence to record transactions and prepare financial statements‚ and begins with transaction analysis and ends with closing of the books. Step 1. Collect and analyze the transactions
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a) From the diagram‚ we get when R1 = 2kpc‚ v1 = 200km/s R2 = 5kpc‚ v2 = 220km/s R3 = 10kpc‚ v3 = 225km/s R4= 15kpc‚ v4 = 220km/s R5 = 20kpc‚ v5 = 222km/s R6 = 25kpc‚ v6 = 223km/s v2 = GMR/R MR = v2R/G M1 = (2000002*2000*3.09*1016)/(6.67*10-11) = 3.706*1040kg M2 = (2200002*5000*3.09*1016)/(6.67*10-11) = 1.12*1041 kg M3 = (2250002*10000*3.09*1016)/(6.67*10-11) = 2.35*1041kg M4 = (2200002*15000*3.09*1016)/(6.67*10-11) = 3.36*1041kg M5 = (2220002*20000*3.09*1016)/(6.67*10-11)
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1. Question : (TCO F) For which situation(s) below would an organization be more likely to use a job-order costing system of accumulating product costs rather than a process costing system? Student Answer: A steel factory that processes iron ore into steel bars A factory that processes sugar and other ingredients into black licorice A costume maker that makes specialty costumes for figure skaters All of these Instructor Explanation: Chapter 3 Points
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CIA-I QUESTION: 1 Which of the following audit findings would have the least impact (either positive or negative) on a department’s control environment? A. The department makes long-term investment risk decisions to maximize return on investment. B. The department manager sets and demonstrates a tone of honesty and integrity in all business dealings. C. any department functions are duplicated or verified by other department employees. D. Deficiencies were found in the appropriate authorization
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ECO 561 Week 4 Quiz ------------------------------------------------- ** Important ** … ECO 561 Week 4 “FREE” Quiz w/ correct answers WELL ‚ … ALMOST FREE …. The Cost - $ = “Thank you” I see a lot of views ‚ but no one comments ….. : ( PLEASE COMMENT here or to ROGUEPHOENIX ACEB**K ‚ and LET ME KNOW THAT THIS IS HELPING MY FELLOW PHOENIX. If no comments are made …. I will stop posting. ------------------------------------------------- 1. Business cycles
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Jeffrey Dickerson SOC120 (ADG1217C) George Henson 5/28/2012 Abstract The decision to public school or home school continues to be a very controversial topic. Parents want what’s best for their children. Whether one decides to send their child to public school or home school‚ it’s a decision that must be made with a lot of careful consideration. In the world we live in today a lot of parent’s feel as if their children are not getting an adequate education‚ they worry about safety concerns‚
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The company I chose to analyze is WorldCom. This company based in Mississippi had recognized that for several years it has been bloating or increasing their earnings through booking about $3.8 billion expenses as long-term investments rather than operating costs. They did that by posting operating expenses such as salaries and wages as long-term investments on the balance sheet while those costs should have been expensed and posted to the income statement. When they did that‚ they overstated assets
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Modeling Test Quiz REGRES Started 2/21/15 3:49 PM Submitted 2/21/15 4:40 PM Status Completed Attempt Score 1 out of 5 points Time Elapsed 51 minutes out of 1 hour Instructions Carefully read the following instructions BEFORE answering questions: Study the case “ The Western State Tourist Association” and download data file WesternStates.xlsx from BB9. Construct the correlation matrix for the variables Y (Number of calls)‚ X1 (Number of advertisements placed the previous week)‚ X2 (Number
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ECO 561 Week 6 Quiz ------------------------------------------------- ** Important ** … ECO 561 Week 6 “FREE” Quiz w/ answers I would greatly appreciate comments ..SO PLEASE COMMENT (add notes here) at this site or .. go to ROGUEPHOENIX.39 at Facebook ‚ and LET ME KNOW THAT THIS IS HELPING you . ------------------------------------------------- Good luck …. 1. If the demand curve is QD = 100 – 10P and there is a $1 price increase‚ then the elasticity of demand at P = 2 is Hint
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