There are several short problems and/or essay-type questions from chapter 1 of the text.
Each question within the assignment is worth a certain number of points. The total point value for each question is
distributed evenly based on the expected response. There is a total of 29 points available.
You must show your work for all calculated numbers to receive credit.
To maximize the points awarded to your response, make sure you responses are complete. Responses to essay type
questions must be in complete sentences and answer all parts of the question. Responses to problem type questions
must be complete you must show how you calculated each number.
To receive credit, you must submit your response via Blackboard to the assignment before the due date and time.
I recommend that you plan ahead so that you are not submitting the assignment within the last couple hours of the due
date and time.
I will post the solution on Bb after the due date and time.
See the syllabus for the due date and time of each assignment.
Student Name: Date:
Identify and describe the four basic financial statements. (1 point)