Following is the Balance Sheet of XYZ Trading Incorporation as on 1 January 2014
XYZ Trading Incorporation
1 January 2014
(Amounts in millions)
BEO2255 Applied Statistics for Business
For Large Populations
- 95% confidence intervals for population mean
L1 Y 1.96
L2 Y 1.96
N 1e2 2
- Sample Size for Proportion:
N 1e2 p q
- 95% confidence intervals for populatio
1. Q: Which song has the lyrics "All you've ever wanted was someone to truly look up to you"?
a. In Pieces
b. Valentines Day
c. In Between
d. The Little Things Give You Away
e. Hands Held High
2. Q: What was the name of their debut
This is XXX from XXX University, major in Accounting/Banking and Finance. I'm
currently a third year student (with 1 more semester to go) and I decide to study a
master course in the university of Melbourne after graduate from XXX. At
5. SMART Objectives
1. From week 7, September 10th, to week 10, October 7th, our team is going to earn $300 for
Starlight Foundation over the course of our charity period. (Finance)
2. Our team is going to do the preparation for our activities from week 4
1. Q: In which European city is FIFAs headquarters?
2. Q: Although India qualified for the football world cup in 1950, they refused to take part.
a. They refused to play Pakistan
b. They wanted to play their matches barefoot
This lecture is about bookkeeping
Summary of first lecture
Purpose of accounting
Assets = Equity +
What is bookk
XYZ Inc. has received a special order to produce 2,500 high quality clothes hangers. The
management of the company has gathered following information to determine the offer price.
-Materials: clothes hangers are made using metal wire that is covered w
Classification of ledger accounts
a. Classify each of following accounts as (a) Assets, (b) Liabilities, (c) Income, (d)
expenses (e) none of above.
b. Specify whether the normal values of these accounts are debit or credit, and why.
Accounting I (IBA)
Like above top-down: we need net income to calculate retained earnings, which are necessary for the balance sheet.
Mid Term Exam Accounting
International Business Administration (IBA)
Tuesday 21 April 2015
This exam consists of multiple choice questions. Question 1 consists of six separate multiple
choice questions, each carrying 1 mark. Q
The equity of a corporation and the Accounting Equation
Following table presents the total assets and liabilities of a limited company (SA) at the beginning and
the end of a given year.
At the beginning of the year
At the end of the year
6-1 Sales - production - and purchase budget
Yamesha SA manufactures and sells two-wheel racing and conventional motorcycles. The budgeted sales for
racing motorcycle Model Gpx in 2015 is 850,000 units. At the start of 2015, Yamesha has 90,000 units of
4-1. Sheppard NV is considering whether to accept an order placed by a client to manufacture 30,000
special computer chips (LR-15) at a price of 90 per chip. The manufacturing of the LR-15 involves a
complex production process which will require Sheppard
5. Can the company constitution be altered so as to require a
member to take more shares or to increase a member's
liability to contribute to the company's share capital?
No, under s140 (2), a member is not bound by a modification of
the constitution made