ACC/291 March 25‚2012 Liquidity Ratios Current Ratio: Current Assets/Current Liabilities 2005 $14‚555‚092/ $6‚974‚752= 2.09:1 2004 $14‚643‚456/ $6‚029‚696=2.43:1 Acid Test Ratio: Cash+ Short-Term Investments + Receivables (Net)/ Current Liabilities 2005 $305‚563 + $283‚583 +$6‚133‚663/ $6‚974‚752= .96:1 2004 $357‚216 + $133‚504 + $5‚775‚104/ $6‚029‚696=1.04:1 Receivables Turnover: Net Credit Sales/ Average Net Receivables 2005 $50‚823‚685/ ($6‚133‚663 + 5‚775‚104/2) $50‚823‚685/
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Exam Chapter 1-5 Name 1) Managers usemanagement accounting information to A) implement C) communicate strategy. B) choose D) All of these answers are correct. 2) Place the four business functions in the order they appear along the value chain: Customer service Design Marketing Production A) Design‚ Production‚ Marketing‚ Customer Service B) Customer Service‚ Design‚ Production‚ Marketing C) Design‚ Customer Service‚ Production‚ Marketing D) Customer Service‚ Marketing
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000-$0=$3‚000 Firm B $3‚000-10%*$5‚000=$3‚000-$500=$2‚500 c. If sales increase by 10 percent to 11‚000 units‚ by what percentage will each firm’s earnings after interest increase? To answer the question‚ determine the earnings after taxes and compute the percentage increase in these earnings from the answers you derived in part b. New Sales = 11000 Firm A EBIT = Revenue - Operating Expenses = $2.50*11‚000 - $1*11000 - $12‚000 = $4‚500 Earnings After Interest = $4‚500 Percentage Increase
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Chapter 5: National-Income Accounting Multiple Choice Questions MEASURES OF OUTPUT 1. The primary purpose of the national-income accounts is to assist: A) Market investors in making more profitable investments. B) Wage earners in maximizing their incomes. C) Economic historians to better understand the economic past. D) Government policy makers in formulating economic policies and evaluating performance. Answer: D Type: Definition Page: 93 2. Prices
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This work comprises ACC 491 Week 5 Audit Sampling Case Resource: Modern Auditing: Assurance Services and the Integrity of Financial Reporting Prepare a 1‚400- to 1‚750-word memo to the Audit Partner‚ John Smith‚ summarizing your findings from the following case: Ch. 13: Case: Mt. Hood Furniture—PPS sampling problem Case 13-36 Also‚ since John Smith is primarily a visual person‚ he has asked for all memos to be summarized and put into a presentation. Prepare 10-15 Microsoft®
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|Revised for +Tools 4 © 1999-2004‚ Yves Champollion | Table of Contents Presentation 2 Installation 2 Removing PlusTools 2 +Tools 2 Files 3 Find 4 Stats 5 Convert 5 Pass 7 Compare 8 Keys 11 +Align 12 Presentation 12 Instructions for use 12 + Extract 15 +Tweaks 17 Credits 25 Appendix I 25 Appendix II 28 Appendix III: SGML/XML 28 Presentation +Tools is a set of tools for the translation
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CHAPTER 5: ACCOUNTING FOR GENERAL CAPITAL ASSETS AND CAPITAL PROJECTS OUTLINE |Number |Topic |Type/Task |Status | | | | |(re: 14/e) | |Questions: | |
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Unions Crystol Weidger BUS372: Employee & Labor Relations Instructor: George Ackerman July 15‚ 2013 Unions In this paper we will learn what the role of management in an organization is and what the role of the union is in an organization and what similarities they have. It will also show two different types of strategies/actions that an organization can implement that will create and maintain a conducive and working relationship with the union. This paper will also show two strategies or
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Q & T Explain what debit and credit mean. T For each of the following transactions of Dennen‚ Inc.‚ for the month of January 2015‚ indicate the accounts‚ amounts‚ and direction of the effects on the accounting equation. A sample is provided. a. (Sample) Borrowed $30‚000 from a local bank b. Lent $10‚000 to an affiliate; accepted a note due in one year. c. Sold 100 additional shares of stock with a par value of $.10 per share to investors for $500 cash. d. Purchased $15‚000 of equipment‚ paying $5000
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Case 5-60 1. The solution Doug proposes is not ethical. Although maintaining the current plant-wide rate is probably not illegal‚ its continuation has one purpose: to extract profits from government business. Doug knows the plant-wide rate is not accurately assigning overhead costs to various jobs and is willing to alter the assignments on an “unofficial basis” for purposes of bidding on private-sector jobs. Fundamentally‚ ethical behavior is concerned with choosing right over wrong. To knowingly
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