Chapter 20 Extra Credit
November 3rd, 2016
contribution margin ratio = 25%
current fixed costs = 80,000
1. ad campaign would increase revenue by 5%
2. new ordering system increase cmr to 30%
sales revenue 1,200,000
Jones v. Star Credit Corp. Case Brief
Brief Fact Summary. Plaintiffs, various welfare recipients (Plaintiffs),
agreed to purchase a home freezer for $900. The Plaintiffs paid
$619.88 towards the purchase. The Defendant, Star Credit Corp
High Desert Bank
Analyze loans for quarterly meeting
Ex. 3-125Adjusting entries.
Present, in journal form, the adjustments that would be made on July 31, 2015, the end of the
fiscal year, for each of the following.
1. The supplies inventory on August 1, 2014 was $9,350. Supplies costing
Provide clear, concise answers for the following.
1. What are revenues?
2. What are expenses?
3. What are gains?
4. What are losses?
5. What are the criteria (in addition to materiality) that must be met to
1. Liquidity refers to the ability of an enterprise to pay its debts as they mature.
2. The balance sheet omits many items that are of financial value to the business but cannot
be recorded objectively.
3. Financial flexibil
Chapter 20 Extra Credit
November 11, 2016
a) Fixed Cost = $15000
Variable Cost = $200/call
Total Cost = Fixed Cost + Total Variable Cost
Total Cost = $15000 + ($200 * 150)
Total Cost = $45000
ii. Average cost of responding to emergency calls
Accounting 102 Midterm Review
Discontinuing Operations: when a corporation sells of a segment of its business
Ex) American airlines sells of helicopter business
1) It can either be a gain or loss generated in the segment year to date
2) Was the
Campus Ambassador Name:
Customize Dates as they reflect your school and schedule
Attend Campus Ambassador Training
Respond to AM within 24 hours
2 out of 2 points
A city engages in the transactions that
follow. For each transaction indicate the
amount of revenue or expenditure that is
should report in 2011. Assume first that the
main objective of the financial statements
is to enable
Who is the party?
What are the key facts?
What is the dispute about?
is there breach of contract?
What issues are involve?
What does the court have to decide?
Did someone fail to do something it was required to do ?
SPAN 215 Spring 2017 Page 1
Hispanic Languages and Literatures Department
SPAN 215 SPANISH CONVERSATION
INSTRUCTOR AND COURSE INFORMATION:
Schedule: Mon - Wed
Time: 9:15 AM 10:30 AM
Room: Queens Hall 315 H
What are the 3 general domains of child development? Provide an example of
What is a theory? How does it differ from an opinion or belief?
What is meant by nature vs. n
2.5 out of 2.5 points
The main objective of a typical governmental or not-for-profit entity is to
earn a profit.
2.5 out of 2.5 points
A government s budget may be backed by the force of law.
QUEENS COLLEGE OF THE CITY UNIVERSITY OF NEW YORK
DEPARTMENT OF ACCOUNTING AND INFORMATION SYSTEMS
ACCOUNTING 322 AND E322
Principles of Auditing and Other Assurance Services, 20th Edition
Whittington & Pany
Hw chapter 3
Fund balance $ 860
Fund balance $ 850
Appropriations $ 850
Encumbrances $ 20
Reserve for enc
Professor: Erin Wuebker
World War II
During the World War II government was inviting women to join Defense plants,
Government offices, and Armed forces. By 1942 government was forcing employers to
utilize the vast resource of working
Mona Industries Inc.
3 Rose St
Cedarhurst, NY 11516
Esq. Justiano Bobea No 54
Santo Domingo R.D.
JOSE MIGUEL GENAO
1733 NW 79th Ave,
Profitability: investors are inter
Accounting Online Assignment
a. 1) Journalize a transaction
2) Post transaction to the ledger
3) Prepare a trial balance
4) Make end-of-period adjustments
5) Prepare an adjusted trial balance
6) Prepare financial statements
ACCT 101 What to know for Exam #3 (chapters 7,9, &10)
39 multiple choice
What is involved in preparing a bank rec?
The bank reconciliation explains the difference between Cash reported on the
bank statement and Cash
ACCOUNTING 362 BUSINESS LAW II: Prof. Julie Altman Spring 2017
LECTURES: Tuesday and Thursday 6:30-7:45
Julie Altman, Esq.
Email: [email protected] OR [email protected]
Office Hours: T/Th 4:30-5:00 OR by Appoi
Send Notice of Billing Errors and Customer Service Inquiries to:
BEST BUY CREDIT SERVICES
PO Box 790441, St. Louis, MO 63179
Account Number: xxxx xxxx xxxx 4391
Government and Not-For-Profit Accounting and Auditing
Professor Arthur Silverman
Room: PH 215-I
Contact Information: email: [email protected]
Introduction: The course focuses on accounting, financ