ACC 101 Comprehensive Problem
Silver's Cleaning Service
Journalize and post the August transactions. Use page J1 for the journal
Prepare a trial balance at August 31
Journalize and post the adjusting entries. Use page J2 for the journ
Chapter 8, Problem 15 of Economics 4th Edition
Assume Saudi Arabia and the United States face the production possibilities for oil and
cars shown in
the accompanying table.
a. What is the opportunity cost of producing a car in Saudi Arabia? In th
Kenneth L. Simons, 1-May-11
Useful Stata Commands (for Stata version 11)
Kenneth L. Simons
This document is updated continually. For the latest version, open it from the course disk space.
This document briefly summarizes Stata commands useful in ECON-4
Say hello to risk
Risk and Return
Readings: Chap 10
What is risk?
The possibility that an actual return
will differ from our expected return.
Uncertainty in the distribution of
Example of Risky Business
Why Does Risk Mat
The Economics of Financial Markets
Roy E. Bailey
Cambridge, New York, Melbourne, Madrid, Cape Town, Singapore, So Paulo
Cambridge University Press
The Edinburgh Building, Cambridge , UK
Published in the United States of America by Cambridge University P
(i) Income, age, and family background (such as number of siblings) are just a few possibilities.
It seems that each of these could be correlated with years of education. (Income and education
are probably positively correlated; age and education m
Introductory Econometrics Spring 2014
1. (25 points) Choose the single right answer to complete each statement.
1An estimator is
a. an estimate.
b. a formula that gives an efficient guess of the true population value.
c. a random v
A CEO's guide to innovation in China.
McKinsey Quarterly; 2012, Issue 1, p74-83, 10p, 2 Color Photographs
Dynamic domestic players and focused multinationals are helping China churn out
a growing number of innovati
Q1. US money supply fell during the years 1929-1933 because both the currency-deposit ratio and the
reserve-deposit ratio increased.
a) If the currency to deposit ratio had increased while the reserve to deposit ratio remained
unchanged, the multiplier de
Room no Guest Name
110 Wilson, Joan
245 Mr and Mrs Jeff H
511 Ms Janice Murphy
City Ledger Folio
Today city ledger
MANAGEMENT OF QUALITY AND RELIABILITY
Dr. K. Triantis
Evaluation of Quality Management of a Construction Project Following
A Design/Build Process
Submitted by: Jason Root, Lincoln Cummings, Andrei Dacko, Shabnam Shahmohammad
Chapter 8 Organizing
Associate Professor at RIEM
Explain what is meant by organization
Explain the advantages and disadvantages of
centralization and decentralization.
I heard about this man. He was out walking to the
woods with a friend. All the sudden, they came
upon a huge grizzly bear. They froze in their
tracks as the bear intently stared them down.
They contemplated what t
a w n a
Bhawna answered this 10 minutes later
Was this answer helpful?
Assets Liabilities Net Income
Sold land that had originally cost Land Gain on
$9,000 for $14,000 in cash. - 9,000 Sale of
The percentage of net earnings not paid out as dividends, but retained by the company to
be reinvested in its core business, or to pay debt. It is recorded under shareholders' equity
on the balance sheet.
The formula calculates retained earnings by adding
Direct material 574000
direct labour 670800
direct expense 22460
Prime cost 1282660
indirect labour 78750
Work cost 1477570
Opeining WIP 631800
Closing WIP - 592800
1 calculate budgeted net sales first
2Calculate Budgeted cost of goods sold
3 calculate budgeted sales expenses
4calculate budgeted administration expenses
5 calculate budgeted other expenses and corporate tax.
Now put all this figures in Budgeted
1. The basic concern of microeconomics is:
o To prove that capitalism is better than socialism
o To use unlimited resources to produce goods and services to
satisfy limited wants.
o To study the choices people make
o To keep business firms from losing mon
1. Microeconomics deals with:
individual decision makers in the economy.
the working of the entire economy or large sectors of it.
gross domestic product.
Score: 1 of 1
2. Macroeconomics deals with:
how individuals make decisions.
Mods 5-6-7 Practice
Identify the choice that best completes the statement or answers the question.
1. If goods A and Z are complements, an increase in the price of good Z will:
A. increase the demand for good A.
B. increase the quantity
ECON 2106 Chapter 9
SI date: Tuesday 10/5
Next exam 10/14
1. For most firms, economic profit is:
A) less than accounting profit.
B) equal to accounting profit.
C) greater than accounting profit.
2. According to the optimal output rule, if mar