Financial Accounting
Accounting Text & Cases 13 Edition
CHAPTER 3
Basic Accounting Concepts: The Income Statement
Problem 3 1
N. Klein & Company had the following transactions in June. Using the matching concept,
decide which of these transactions represe
Financial Accounting
Accounting Text & Cases 13 Edition
CHAPTER 1
The Nature and Purpose of Accounting
Problem 1 1
As of December 31, Charles Company had $12,000 in cash. Held $95,000 of inventory, and
owned other items that originally cost $13,000. Charl
Financial Accounting
Accounting Text & Cases 13 Edition
CHAPTER 2
Basic Accounting Concepts: The Balance Sheet
Problem 2 1
a) If assets equal $95,000 and liabilities equal $40,000, then owners equity equals
55,000.
b) If assets equal $65,000 and owners eq
Apple Inc. | 2014 Form 10-K | 48
Table of Contents
CONSOLIDATED STATEMENTS OF CASH FLOWS
(In millions)
September 27,
2014
Cash and cash equivalents, beginning of the year
Operating activities:
Net income
Adjustments to reconcile net income to cash
generat
Rules for Order of Operations Simplify.
1. Do all the calculations within parentheses before (3 - 8) + 2
t' t 'd . . .
opera rons ou SI e Followmg the rules for order of operatlons, the rst step
2' Evaluate all exponential expressions. is to do all the ca
Simplify.
82+162+42
To simplify an expression, follow the rules for order of operations.
Start with Rule 1: Do all the calculations Within parentheses before operations outside.
There are no parentheses in the given expression, so we proceed to Rule 2.
Ru
Rules for Order of Operations Simplify.
1. Do all the calculations within parentheses before (3 - 8) + 2
t' t 'd . . .
opera rons ou SI e Followmg the rules for order of operatlons, the rst step
2' Evaluate all exponential expressions. is to do all the ca
Discussion:
The food of Europe and America emerged from the same background. The transformation
of American traditional food happened because of the immigrants of Europe country. Together,
this would form into an American Style of food and drink consumpti
Express l,000,000,000,000 as a power of 10. There are 2 zeros in 100.
100 = 10 - 10
= 102
There are 3 zeros in 1000.
1000=10-10-10
= 103
There are 12 zeros in 1,000,000,000,000.
1,000,000,000,000 = 1012
1,000,000,000,000 is the product of 12 factors of 10
The general solution to the differential equation is identical to the previous example and so
we have,
Applying the first boundary condition gives us,
Recall that we are assuming that
second boundary condition gives us,
here and so this will only be zero
Example 2
Overbooking Problem
x
9
10
n
10
P(X = x) using Excel formula
P(X <= 8) =
P(X > 8) =
P(X > 8) =
Cumulative Probability
Using Cumulative Probability
Using table above
Example 3
Overbooking Problem
x
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
1