University of La Verne
BUS 500A Accounting Fundamentals
Project on: Hasbro, Inc.
Due date: May 4, 2013
Project Overview
The objective of the project is for you to improve your understanding of accounting concepts and become
familiar with the contents of a
Chapter11
IntroductiontoHypothesisTesting
StatisticalInference
Hypothesis testing is the second form of statistical inference.
It also has greater applicability.
To understand the concepts well start with an example of
nonstatistical hypothesis testing.
N
Problem 45A (75 minutes)
Part 1
TYBALT CONSTRUCTION
Income Statement
For Year Ended December 31, 2013
Revenues
Professional fees earned. $97,000
Rent earned. 14,000
Dividends earned.
2,000
Interest earned.
2,100
Total revenues.
Expenses
Depreciation expe
1. What would the future value of $125 be after 8 years at 8.5% compound interest? a. $205.83
b. $216.67 c. $228.07 d. $240.08 e. $252.08
2. Last year Mason Corp's earnings per share were $2.50, and its growth rate during the prior 5
years was 9.0% per ye
Problem 11A (40 minutes)
Part 1
Company A
(a)
Equity on December 31, 2012:
Assets. $55,000
Liabilities. (24,500)
Equity. $30,500
(b)
Equity on December 31, 2013:
Equity, December 31, 2012. $30,500
Plus investment by owner.
6,000
Plus net income.
8,500
Le
Problem #1 ( 15 points )
Dolly Barton began Barton Office Services in October and during that month completed
these transactions:
a. Invested $10,000 cash, and $15,000 of computer equipment.
b. Paid $500 cash for an insurance premium covering the next 12
1. Merchandise inventory:
A) is a longterm asset.
B)is a current asset.
C) includes supplies.
D) is classified with investments on the balance sheet.
E) Must be sold within one month.
2. The credit terms 2/10, n/30 are interpreted as:
A) 2% cash discount
A nation's standard of living is measured by its
(a)
real GDP.
(b)
real GDP per person.
(c)
nominal GDP.
(d)
nominal GDP per person.
Which of the following is NOT correct?
(a)
Countries that have had higher output growth per person have typically not done
Chapter 4 Time Value of Money
1
Time Value Topics
Future value Present value Rates of return Amortization
n n n n
2
Determinants of Intrinsic Value: The Present Value Equation
Net operating profit after taxes Free cash flow (FCF)  = Required investments
HASBRO, INC. AND SUBSIDIARIES
Consolidated Balance Sheets
December 25, 2011 and December 26, 2010
(Thousands of Dollars Except Share Data)
2011
2010
Assets
Current assets
Cash and cash equivalents
Accounts receivable, less allowance for doubtful accounts
HASBRO, INC. AND SUBSIDIARIES
Consolidated Balance Sheets
December 30, 2012 and December 25, 2011
(Thousands of Dollars Except Share Data)
2012
2011
Assets
Current assets
Cash and cash equivalents
Accounts receivable, less allowance for doubtful accounts
Created by EDGAR Online, Inc.
HASBRO INC
TABLE1
Form Type: 10K
Period End: Dec 30, 2012
Date Filed: Feb 27, 2013
Hasbro, Inc.
(Exact Name of Registrant, As Specified in its Charter)
Rhode Island
(State of Incorporation)
050155090
(I.R.S. Employer
Identi
First Name
Ruoyi
Sara
Guande
Araceli
Guanqun
Ali
Yueqing
Lijia
Kejie
Zijun
Bruce
Heng
Shijia
Whitney
Lu
Bo
Kongxiang
Grady
Hanming
Ying Chu
PeiWen
Cory
Xin
Bopeng
Last Name
An
Diosdado
Liu
Sanchez
Wang
Atar
Lan
Liu
Shen
Yang
Bagheri
Lei
Lu
Tharaldson
Yu
The following information is available for the Avisa Company for the month of
November: a. On November 30, after all transactions have been recorded, the balance in
the company's Cash account has a balance of $27,202. b. The company's bank statement
shows
EXAM 1
FINA 3309
Dr. Gim
Winter 200809
Name:
Please turn in by December 18, 6:30 PM.
.
TrueFalse Questions (2.5 points each)
1. Ccorporation is created to avoid the double taxation of corporations. TRUE
2. On the balance sheet, total assets must always
On November 1 of the current year, Lois Bell began Lois Bell, Interior Design with an
initial investment of $50,000 cash. On November 30 her records showed the following
(alphabetically arranged) items and amounts:
A c c o u n ts p a y a b le .
A c c o u
Exercise 32 (25 minutes)
a.
Depreciation ExpenseEquipment.
Accumulated DepreciationEquipment.
To record depreciation expense for the year.
18,000
b. Insurance Expense.
Prepaid Insurance*.
To record insurance coverage that expired
($6,000  $1,100).
4,900
Quick Study 21 (10 minutes)
The likely source documents include:
a. Sales ticket
d. Telephone bill
e. Invoice from supplier
i.
Bank statement
Quick Study 23 (10 minutes)
a.
b.
c.
Debit
Debit
Credit
d.
e.
f.
Debit
Debit
Debit
g.
h.
i.
Credit
Debit
Credit
Exercise 15 (10 minutes)
Code
Description
Principle/Assumption
E
1. Usually created by a pronouncement from an
authoritative body.
Specific accounting
principle
G
2. Financial statements reflect the assumption that
the business continues operating.
Going
University of La Verne
College of Business and Public Management
Bus 500D Business Finance
Professor Chad Lue
Email: [email protected]
Introduction
Course Description
This course is one of the five foundation courses that students must fulfill for the Mast
CHAPTER 6 Risk, Return, and the Capital Asset Pricing Model
1
Topics in Chapter
n n n n n
Basic return concepts Basic risk concepts Standalone risk Portfolio (market) risk Risk and return: CAPM/SML
2
Determinants of Intrinsic Value: The Cost of Equity
Net
Chapter 5 Bonds, Bond Valuation, and Interest Rates
1
Topics in Chapter
n n n n
Key features of bonds Bond valuation Measuring yield Assessing risk
2
Determinants of Intrinsic Value: The Cost of Debt
Net operating profit after taxes Free cash flow (FCF)

CHAPTER 3 Analysis of Financial Statements
1
Topics in Chapter
n n n n n
Ratio analysis Du Pont system Effects of improving ratios Limitations of ratio analysis Qualitative factors
2
Determinants of Intrinsic Value: Using Ratio Analysis
Net operating prof
Chapter 2 Financial Statements, Cash Flow, and Taxes
1
Topics in Chapter
Income statement Balance sheet Statement of cash flows Free cash flow MVA and EVA Corporate taxes Personal taxes
2
n n n n n n n
Determinants of Intrinsic Value: Calculating FCF
Sale
Chapter10
IntroductiontoEstimation
Wherewehavebeen
Chapter 7 and 8:
Binomial, Poisson, normal, and exponential distributions
allow us to make probability statements about X (a member
of the population).
To do so we need the population parameters.
Binomial
Chapter7
RandomVariablesand
DiscreteProbabilityDistributions
RandomVariables
A random variable is a function or rule that assigns a
number to each outcome of an experiment.
Alternatively, the value of a random variable is a numerical
event.
Instead of tal