ACCT 220 Final Exam Answer Sheet
Question 1 (40points)
a. General Journal Entries:
b. Adjusting Entries:
Chapter 18 Questions: 18-1) Define each of the following: a. Optimal Distribution Policy: is to strike a balance between a firms cash dividends and its capital gains so as to maximize the stock price b. Dividend irrelevance theory: The dividend policy has
Chapter 22: Working Capital Management: Questions: 22-2) What are the two principal reasons for holding cash? Can a firm estimate its target cash balance by summing the cash held to satisfy each of the two reasons? The two primary reasons for holding cash
In this paper I will show Best Buy Corporations 10k form analysis for the fiscal year
ended January 31,2015. This paper will also provide some information such as Best Buys
background and financial statements overview. I will also discuss my
SEC 10 Project
Best Buy Overview
The Best Buy Company., Inc. was
started by Richard M. Schulze and
his partner in the year 1966.
The first store was named Sound
of Music and sold only home and
car stereo equipm
There are two homework problems this week. The first is below and the second one is on the second tab at the bottom left of
Below you will see an unadjusted trial balance run at year end followed by information needed to make adjusting entries.
There are 3 problems this week. Click on the tabs at the bottom of the spreadsheet to view each problem.
Prepare the journal entries for the eight following transactions. Use dates but descriptions are not required.
On 10/1/15, Equipment was purchased for
There are two problems this week. Click on the tab at the bottom of the spreadsheet to see problem 2.
Compute the ending inventory using the FIFO and the weighted average method below. These are the same transactions used in week 3 homework:
Allocate income to partners
1. John, Alice and Dan are all general partners of a partnership.
2. John is the CEO of the partnership and is allocated a salary of $90,000 per year.
3. Alice is the CFO of the partnership and is allocated a
To the side of each senario, record the three required journal entries for a purchase at par, a premium
purchase, and a purchase of bonds at discount. The first entry has been made for you.
Dorchester Inc. invested $100,000 in 5-year bonds issued
There are two problems on this assignment. Page down further after you complete problem 1.
Record the following journal entries below. The first two are done for you as examples.
1/2/2016 Amanda Smith invested $20,000 cash in capital
Chapter 16 Questions and Problems: 1.) Define each of the following: a.) Capital Structure, Business Risk, Financial Risk (Capital Structure) The manner in which a firms assets are financed, normally expressed as the percentage of each type of capital use
Group Assignment Week 3 MBA-6631, Group participants: Jimmie Rodgers, Cynthia Strickland, Robert Ryals
Chapter 6 Risk, Returns and the Capital Asset Pricing Model: #1 Portfolio Beta $35,000 invested in a stock, which has a beta of 0.8 and $40,000 invested
Group Assignment Week 1 and 2 MBA-6631, Group participants: Jimmie Rodgers, Cynthia Strickland, Robert Ryals Chapter 2 Time Value of Money:
Chapter2:TimeValueofMoney #8AnnuityPaymentandEAR N=60,I=1%(DerivedfromIper=Inom/Mcfw_mustusePeriodicRatenotNominalr