Your Number
0
Period
3 AND AGG Quiz #2
REV 0 0 10 (COGS) GP (SGA) EBITDA
Graded Points: 10 possible 130 (30) 100 0 100 (54) 46 (10) 36 LLA (AccDA) 160 (140)
Balance Sheet Closing Current Period #3
Balance Sheet Closing Prior Period #2
Cash A Rs INV Pre P
UNIVERSITY OF CALIFORNIA SAN DIEGO Econ 4 Summer 2008 Practice Quiz 1
Choose the best answer: NOTE - if "no choices", then - True = A and False = B; with choices, (e) always defaults to "none of the above", unless otherwise identified.
1. 2. The basic acc
Quiz #2 Position your responses, including "0" zeros, according to the Accounts Template that we use inclass. Start with $100 in cash financed by $50 from PaidinCapital and a $50 loan @ 10% interest due in subsequent periods. Period #1 Purchase 10 items @
Econ 4
Winter 2008
Quiz #5.3
1. The Company's ROE using equity at the start of the operating period: (d) 35.0% = NI / Eq @2006 = 3,496 / 9,984 2. The Company's ROA using average assets and including nonrecurring gains & losses: (b) 20.5% = EBIT / ([email protected]
UNIVERSITY OF CALIFORNIA SAN DIEGO Economics 4 Financial Accounting Old Midterm Exam Prof. Willoughby
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19.
The basic accounting equation is: (a) A + L = Eq (b) A + Eq = L (c) A + L + Eq = 0 (d)
Some Final Exam Prep
Dangerously simple arithmetic. Diagrams will really help. Most solutions come by parts; answers wont popinto your head. Accounting is primarily about earnings not Cash Flow.
Add some additional Accounts
CASH RECEIVABLES
QUIZ #3 Do only the Aggressive set of books for these 3rd period events. The woman postpones the birthday party until your 4th period, but she pays you the $50 balance she had promised you. Purchase 10 Tshirts for $5 each on account "invoiced" with the ve
UNIVERSITY OF CALIFORNIA SAN DIEGO Econ 4 Summer 2008 ANSWERS 1. The basic accounting equation is: A = L + Eq Yes: Assets must equal Liabilities + Equity at any point in time. 2. The correct response to #1 above reflects the: (B) Duality concept for every
UNIVERSITY OF CALIFORNIA SAN DIEGO Econ 4 Summer 2008 Midterm Exam M. Willoughby
You must turn-in this exam with your name & number "on" it.
If no choice, then (a) is TRUE and (b) is FALSE. If more than two choices and unless the questions asks "closest t
UNIVERSITY OF CALIFORNIA SAN DIEGO Economics 4 Financial Accounting ANSWERS The basic accounting equation is A = L + Eq: The answer to #1 above reflects the:Duality concept. Old Midterm Exam Prof. Willoughby
1. 2. 3. 4. 5. 6. 7. 8. 9. 10.
Accrual accounti
Internal LBO Problem - GOODYEAR The Company's earnings were $560 million on Sales of $11.0 billion with SG&A plus DA of $10.0 billion. The Company had $5 billion in assets and $2.0 billion in liabilities all interest-bearing @10 percent. The tax rate was
Econ 4
Winter 2008
Quiz #4
Choose the one best answer. This quiz could take about 34 minutes.
1. The present value of $10,000 five years from now at _ percent (annual). (a) 7,473 (b) 8,219 (c) 6,806 (d) 6,209 (e) none of these 2. The present value of $10