ACTG 2P21 S01 June 30 2010

ACTG 2P21 S01 June 30 2010 - ACTG 2P21 S01 As accountants...

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ACTG 2P21 S01 June 30 2010 As accountants we will have to make up indexes to tell people how they are doing. There are certain universal things that we should attribute to our indexes: output/input (bigger is better). This will make graphs that go up and move to the right as things get better. We want all of our graphs to be able to stand side by side and all move to the right and up as they get better. There are however a few exceptions to this general rule, such as in Canada we measure fuel efficiency as litres/ 100 km. This will make our graph move to the right and down as things get better, which might confuse some people on a first glance. Problem 11.35 A: 50 $/hou r 1.3 65 0.2 10 0.2 10 7 350 2.8 140 4 200 0.5 25 16 800 14000 14800 0.94594 6 =1.06 or .945 B: 1.06 or .95 C: 1.02 or .98
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A perfect score would be 1.0 *Paperwork Reject- they sent us the right thing but it had the wrong price or some other piece of paperwork so we sent back the paperwork and told them they had to send it back to
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ACTG 2P21 S01 June 30 2010 - ACTG 2P21 S01 As accountants...

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