AMIS624X31 - _ PleasePrintName Accounting & MIS 624 ExamIII...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
_____________________________ Please Print Name            Exam III Summer 2003 Instructions: 1. Read   each   question   carefully   and   answer   fully.     All   firms   use   a  calendar year. 2. Problems not supported by relevant and readable computations are  subject to point loss.   Where appropriate, terms like   A net income, @ A net loss, @  etc. must be included with number answers. 3. Budget your time carefully.  It is generally better to finish half of each  problem than to complete all of half the problems.   Students who  continue to work on exams after instructed to stop will receive a zero  on this exam. 4. It is the student's responsibility to verify that all the listed problems  and   pages   are   contained   is   this   booklet.     Unanswered   questions  receive zero points regardless of reason. Problem Pages Approximate Points Approximate Time I 2-3 34 22 – 27 minutes II 4-5 34 22 – 27 minutes III 6-7 32 21 – 26 minutes
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Page 2 of 8 Total 100 65 - 80 minutes
Background image of page 2
Page 3 of 8 Problem I On 12/1/03, ABC sold items to a French firm that agreed to pay the 100,000 Euros  ( ) amount on 3/1/04.  To protect this exposed receivable, ABC paid $2,200 to purchase a 90- day option to sell 100,000 
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 08/06/2011 for the course AMIS 624 taught by Professor Wallin during the Summer '11 term at Ohio State.

Page1 / 8

AMIS624X31 - _ PleasePrintName Accounting & MIS 624 ExamIII...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online