Unit 2 Assignment
Questions:
1. A representative of the American clothing industry recently made the following statement:
Workers in Asia often work in sweatshop conditions earning only pennies an hour. American
workers are more productive and as a result
1
EX 8&9 THE MASTER BUDGET
EX-1
Thumbtacks March 31, 2012, budgeted balance sheet follows:
The budget committee of Thumbtack Office Supply has assembled the following data.
a. Sales in April were $40,000. You forecast that monthly sales will increase 2% o
1
EX 10 FLEXIBLE BUDGET & STANDARD COSTS
EX-1
OfficePlus sells its main product, ergonomic mouse pads, for $12 each. Its variable cost is $5.20 per pad.
Fixed costs are $205,000 per month for volumes up to 65,000 pads. Above 65,000 pads, monthly fixed cos
1
EX 7 CAPITAL INVESTMENT DECISIONS
EX-1
Robinson Hardware is adding a new product line that will require an investment of $1,454,000. Managers
estimate that this investment will have a 10-year life and generate net cash inflows of $300,000 the first year
Solution : Purchase Price
Date of purchase
Salvage Value
Expected miles to be driven
Useful Life
$
27,400.00
01.01.2014
$
2,400.00
107700 Miles
8 Years
Actual Miles
2014
12300
2015
14200
Part 1
Depreciation expense per mile = (Cost- salvage value )/Expect
MM255
Equations
Unit 2 (Ch. 5)
Solving
Multiplication or Division
Page 1 of 8
MM255
Equations
Addition or subtraction
Unit 2 (Ch. 5)
Solving
More than one operation
Page 2 of 8
MM255
Unit 2 (Ch. 5)
Equations
Equations that are proportions
Solving
A propor
MM 255
Unit 3: (CH 11) DB Simple Interest
Simple interest is calculated on loans or investments when the fee or cost of using that money is included when
the investment is paid off in one lump sum. The calculation of this interest is based on a very well-
MM255
Unit 2 DB: Proportions and Electricity
Unit 2: Equations - Discussion
Formulas are equations that have been used so frequently in certain applications that they have
become standard. Examples are the simple interest formula, I =PRT, and selling pric
1462.4168076
25yr
30yr
Price
225000
Down
45000
Principal
180000
APR
5
P/1000
250000
Annual Interest Rate:
Loan Period in years:
200000
4 Number of payments per year:
50000
180
200
1053
954
Mortgage total
379080
343440
TI
199080
143440
Monthly per table
Pr
Company name
Worksheet
For the year Ended
Account
Cash
Accounts Receivable
Supplies
A Prepaid Insurance
S
S Equipment
E Accumulated Depreciation-Equ
T
S
I
A Accounts Payable
B Salaries & Wages Payable
I Unearned Service Revenue
L
I
T
I
E
S
O Owner's Equit
Accounting Flashcards - Cut out, and then fold over on dotted line
Cash
.is a Debit balance acct
Accounts
Receivable
.is a Debit balance acct
Office
Supplies
.is a Debit balance acct
Inventory
.is a Debit balance acct
Prepaid
Assets
.is a Debit balance ac
Understanding the
Accounting Cycle
BY: CHRISTINA VIVEROS
A Brief Tutorial
With todays powerful accounting software such as QuickBooks or Sage and
a multitude of online resources that allow a user to simply input basic
information and then produce financia
Macroeconomics
Unit 1 Assignment: Principles of Economics Matching Exercise
Student Name: Ashley Baker
Date: 3-24-2013
Each scenario below practices one of the 10 principles of economics. Match the
principles to the appropriate scenario listed and justify
For the international business person, doing business in foreign countries brings
with it cross cultural challenges. South Korea has become a thriving civilization and they
are showing a lot of economic promise. Many might be wary of South Korea because o
Unit 3 Assignment
Question:
The small town of Middling experiences a sudden doubling of the birth rate. After 3 years, the
birth rate returns to normal. Use the graphs for each question, adding any arrows or other
indicators that you feel are necessary, t
1
EX 6 TIME VALUE OF MONEY
EX-1
Your grandfather would like to share some of his fortune with you. He offers to give you money under one of
the following scenarios (you get to choose):
1. $8,750 a year at the end of each of the next seven years.
2. $50,05