How much is enough?
Week 3 Overview
Quiz (20 minutes)
Everybody wants to break even (exercise)
Everybody Wants to Break Even!
Accounting 1210 A75 Quiz Four Chapter 17
The cash flow statement is used to
a. provide information about the investing and financing activities during a
b. prove that revenues exceed expenses if there is a prof
Jun Wang 100297712
Hao Wang 100296705
Jing Liang 100288854
Mei Yi Lai 100214986
Table of Context
A. Cash budget assumptions-1
B. Financial requirement-1
C. Bank Loan repayment -1
Projected balance sheet and in
Rolling Thunder Corp.
Statement of Comprehensive Income
For the Year Ended December 31, 2014
Less cost of goods sold
Less selling and administrative expenses
Income from operations
Other revenues and gains
2014 starts normally, Total revenue is expected to be $15,500,000 and total costs are
estimated to be $15,000,000 so we expect overall gross profit to be $500,000.
Contract price: (A)
Opening balance of costs
Costs incurred during
SOLUTIONS TO PROBLEMS
Cash Flow Statement (Partial)Indirect Method
Year Ended September 30, 2014
BUQU 1230 Assignment2
Jing Liang (Phyllis)
Atlantic Coast Conference
The Southeastern Conference
a. the probability of ACC will have a team in the championship game
b. the probability of SEC will have a team in the cham
Ch7 Sampling and Sampling Distribution
Sampling Destribution of x bar
x bar sampling distribution of x bar) -standard error
standard deviation standard error,
sampling distribution of x bar standard error
Assignment 3: Business Statistics (BUQU 1230 R13)
Instructions: Complete the following questions as specified below.
Please note you must download a data file from the course website to complete the
interval estimate questions (which, by the way, youll fi
1. (15 points total)
ABC news has phoned 3000 Pennsylvania voters in order to estimate which presidential
candidate will be selected by Pennsylvania in the upcoming U.S. elections. ABC's goal is
thus to estima
Ch.20 11 ?: what is the cost of equity (kc) given Rf = 2%, Beta = 1.5, expected market return (ERm) = 12%? Ke=RF + (ERm-RF) = 0.02+1.5(0.12-0.02) = 0.17 = 17% 12 ?: what is the market price and market-to-book ratio, assuming the firms stock is a perpetuit
Simple Interest Applications
But first: a few thoughts on rounding
In solving a problems, I will ask that you take
your intermediate calculations to six digits. For
instance, if youre finding t, for 161 days, youd
find t=161 / 365 = .44109589
(a) and (b)
1. Working capital $364,000
$187,000 = $
The major characteristics of tangible capital assets, such
as land, buildings, and equipment that differentiate them
from other types of assets are presented below.
Plant assets are acquired for use in the regular
operations of the ent
ACCT 3310 Chapter 6 Quiz
During 2012, Oxford started a construction job with a contract price of $3 million. The job
was completed in 2014 and information for the three years of construction is as follows:
Costs incurred to date
Due in One Week
1. Problem 2 - 3
2. Problem 2 - 5
Financial reporting helps users in allocating scarce resources.
Money is scarce so investment funds must be
Chapter 2 Exercise Solutions
EXERCISE 2-1 (20-25 minutes)
(a) Feedback value.
(b) It is generally the role of professional judgement to identify and
balance the tradeoffs, which include: Between fundamental
qualitative characteristics of relevance and rep
ACCT 3310 R10
WileyPlus Registration Instructions
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Edition, Volume 1 by Kieso course has been created.
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Definition Sheet, Accounting Principles, Chapter 2
Write in the number of the definition which best describes each term:
Makes a difference in a decision.
Enables users to compare accounting information provided by
Step One: How much would the $5,500 be worth after the 13th payment?
Step Two: What's the value of the the first 13 payments Sam has made?