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1 NAME: STUDENT No.: RECITATION SECTION: ACCOUNTING 101, FINAL EXAMINATION Fall Semester, 2004 INSTRUCTIONS: 1. There are 11 numbered pages in this booklet. There is one additional booklet. This booklet has financial information for Amazon.Com, Inc. (14 pages). 2. Please print your name and student number in the space provided on top of this page AND on all subsequent pages . 3. This is a 96 point exam. You have 120 minutes to complete it. Budget your time to achieve maximum points. 4. Answer the problems in the space provided within this booklet . Present your work in an orderly fashion to facilitate the awarding of partial credit. For partial credit, you must show your work. Partial credit can only be given for work that is presented in a clear, legible and logical manner. 5. In the interest of fairness to all students, NO questions will be answered during the exam. If you think a question is ambiguous, state an appropriate assumption explicitly and continue. 6. The exam is closed book. You are allowed only ONE 8.5 x 11 inch double-sided sheet of paper for notes. 7. Use the assumptions given in each question for the solution of that question only. Ignore the assumptions provided in the other questions. Part Points Allocated Points Scored I 21 II 19 III 19 IV 18 V 19 Total 96
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2 Part I – 21 points Please refer to Amazon.Com, Inc.’s financial statemens for this question and the following addional information. A. No new capital leases are entered into in 2003. B. There are no FCTAs or business acquisitions/divestitures that affect Amazon for 2003. C. The amortization of property under capital leases in 2004 is $23,700 (in thousands). D. Ignore any income tax effects. E.
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This note was uploaded on 05/20/2010 for the course ACCT 101 taught by Professor Briancadman during the Spring '10 term at Penn College.

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