Quiz_4 solution

# Quiz_4 solution - Assessment Statistics: Quiz #4 Page 1 of...

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Assessment Statistics: Quiz #4 FINANCIAL ACCOUNTING I (COMB SECTS 001 - 002 MATERIALS) (ACCT401 - 001 - SPRING - 2011) > CONTROL PANEL > GRADE CENTER > ITEM OPTIONS > ASSESSMENT STATISTICS: QUIZ #4 The statistics are calculated based only on the attempts being used in the grading option (Last attempt, First attempt, Lowest Score, Highest Score, or Average of Scores). If Average of Scores is the grading option, then all attempts are included in the statistics. Name Quiz #4 Average Score 4.24 Attempts 88 (Total of 89 attempts for this assessment) Graded Attempts 88 Attempts Needing Grading 0 Instructions Question 1 Multiple Choice Average Score 0.7 points Logan gave a noninterest-bearing note in exchange for an equipment from the manufacturer on 12/31/2010 and it would have to make one \$60,000 payment in two years. Assuming the market interest rate is 10% per year, at what amount would Logan record the equipment on its 12/31/2010 balance sheet? Correct

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## Quiz_4 solution - Assessment Statistics: Quiz #4 Page 1 of...

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