In the columns below, indicate whether each transaction caused and i.pdf
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In the columns below, indicate whether each transaction caused and increase (+), a decrease (-), or no change (NC) in assets, liabilities, and owner’s equity. Transaction Assets Liabilities Owner’s equity a. Withdrawal of cash by owner __________ __________ __________ b. Purchase of an asset for cash __________ __________ __________ c. Purchase of an asset on account __________ __________ __________ d. Received, but did not pay, water bill __________ __________ __________ e. Paid wages not previously recorded __________ __________ __________ f. Invested equipment in the business __________ __________ __________ Transaction Assets Liabilities Owner’s equity a. Withdrawal of cash by owner __________ __________ __________ b. Purchase of an asset for cash __________ __________ __________ c. Purchase of an asset on account __________ __________ __________ d. Received, but did not pay, water bill __________ __________ __________ e. Paid wages not previously recorded __________ __________ __________ f. Invested equipment in the business __________ __________ __________ Solution Answer:TransactionAssetsLiabilitiesOwner’s equitya. Withdrawal of cash by owner(-)NC(-)b. Purchase of an asset for cash(+)(-)NCNCc. Purchase of an asset on account(+)(+)NCd. Received, but did not pay, water billNC(+)(-)e. Paid wages not previously recorded(-)NC(-)f. Invested equipment in the business(+)NC(+).
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c.
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d.
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f.
Land
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h.
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f.
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g.
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BAM
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Introduction
to
Accounting
F
inal
Examination
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5
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c. Debit Cash and credit Rental Fees
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Accounting academic help
Box D
Finished Goods:
Opening Balance
+ Transfers in
- Transfers out
Ending Balance
Box B
Sales
- Cost of Goods Sold
Gross Margin
- Corporate Overhead
Earnings before Taxes (operating profit)
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Net Income
Box A
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Opening Balance
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- Transfers out
Ending Balance
Box C
Work In Process:
Opening Balance
+ Transfers in
+ Labour
+ Mfg Overhead
- Transfers out
Ending Balance
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__________________________________________________________________________________
2. What is the correct ordering of the flow of boxes above (example: B to D to C to A)
Also read:
Calculation and classification of cost
___________________________________________________________________________________
3. True and False questions – Mark with X.
Question
True
False
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B. Units transferred out from a department will have material, labour and factory overhead in its cost and is considered material in the next department.
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A
B
H. The Finished Goods in Box D received $25,000 of costs (Transferred in). Opening inventory was $10,000 and ending inventory was $5,000. Transferred out must be A = $25,000 or B = $30,000. Which is correct?
A
B
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Box A
Customer 1
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+ Mark up
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Box D
Customer 4
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+ Labour
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Customer 2
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+ Mark up
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__________________________________________________________________________________
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Solution
Population: People taking a public accounting-qualifying exam Success attribute:
passing the exam on the first try.
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Similar to In the columns below, indicate whether each transaction caused and i.pdf
1. Describe the main difference between Financial Accounting and M.docx
1. Describe the main difference between Financial Accounting and Managerial Accounting.
2. List 3 different users (stakeholders) of financial statement information.
3. True or False - Accounting is not important to not-for-profit organizations.
4. What does GAAP stand for? What is it?
5. The ___________ ___________ ____________ Board establishes the rules for financial accounting.
6. There are 4 main financial statements. Name and describe 1 briefly.
7. What is the accounting equation?
8. The _______________ ________________ concept states that assets must be recorded in the financial statements at their original cost.
9. True or false – the collection of all accounts and their ending balances is the trial balance. This shows whether the company’s total debits equals its total credits.
10. Assets on the Balance Sheet are listed in the order of ____________________.
11. True or false - every transaction has two sides and both sides must be in balance at all times.
12. Cash flows are broken into 3 sections for the Statement of Cash flows. Which one is not correct:
a. financing activities
b. operating activities
c. investing activities
d. ongoing activities
13. The main source of cash for a business stems from:
a. entity activities
b. financing activities
c. operating activities
d. investing activities
14. True or false – Closing the books is the process of closing and transferring the temporary accounts to Retained Earnings to reset them to $0 for the next period.
15. True or false – The permanent accounts are also closed at the end of the period.
16. Which of the following accounts does not normally have a credit balance (think of the accounting equation)?
a. Liabilities
b. Equity
c. Assets
d. Revenues
17. Draw a T-account and label the sides as debit side and credit side:
18. Identify the financial statement/statements on which each of the following titles or accounts would appear. If it appears on more than one statement, list all statements (income statement, statement of changes in equity, balance sheet, statement of cash flows):
Title or Account
Financial Statement(s)
a.
Retained Earnings
b.
Revenue
c.
Common Stock
d.
Financing Activities
e.
Salaries Expense
f.
Land
g.
Ending Cash Balance
h.
Notes Payable
19. Classify items for the statement of cash flows. Indicate how each of the following activities would be classified on the statement of cash flows as operating activities (OA), investing activities (IA) or financing activities (FA):
Event
Classification
a.
Borrowed cash from the bank.
b.
Paid cash for salary expense.
c.
Performed services for cash.
d.
Paid cash to purchase land.
e.
Paid cash for utilities expense.
f.
Sold land for cash.
g.
Paid cash on principal of loan.
h.
Received cash from the issuance of stock.
20. Classify the following as an Asset (A), Liability (L), or Owner’s Equity (E) item:
a. ______ accounts receivable
b. ______ accounts payable
c. ______ equipment
...
1. Which of the following items are part of a businesss set of fi.docx
1. Which of the following items are part of a business's set of financial statements?
a. Income statement
b. Balance sheet
c. Statement of cash flows
d. Both a. and b. above
e. a., b., and c. above
Answer: _____
2. True or False: The requirement to provide financial accounting information is driven by the need for outside stakeholders (primarily investors) to have reliable information about the financial status of an organization.
a. True
b. False
Answer: _____
3. True or False: The set of rules and regulations that govern the content and format of financial statements is called Government Acceptable Procedures (GAP).
a. True
b. False
Answer: _____
4. Which of the following statements about cash versus accrual accounting is most correct?
a. In cash accounting, an event is recognized when a cash transaction occurs.
b. In accrual accounting, an event is recognized when a cash transaction occurs.
c. Most large healthcare organizations use cash accounting.
d. Most small healthcare organizations use accrual accounting because it closely matches statements required for income tax purposes.
e. In cash accounting, an event is recognized when the obligation for a cash transaction is created.
Answer: _____
5. Which of the following statements about the income statement is most correct?
a. It has several alternative names, including the statement of liabilities.
b. It reports the financial status of an organization as of a single point in time.
c. It reports the economic profitability of an organization.
d. Its three major sections are operating costs, nonoperating costs, and total (net) costs.
e. Income statements are always prepared annually, but never for shorter periods (for example, quarterly).
Answer: _____
6. Which of the following statements about gross and net patient service revenue is most correct?
a. Gross revenue reports revenue based on chargemaster prices.
b. Net revenue is gross revenue less discounts and charity care.
c. Net revenue is gross revenue less discounts, charity care, and bad debt losses.
d. Both a. and b. above are correct.
e. Both a. and c. above are correct.
Answer: _____
7. True or False: Under accrual accounting, all revenues reported on the income statement represent cash collections.
a. True
b. False
Answer: _____
8. True or False: Under accrual accounting, all expenses reported on the income statement represent cash costs.
a. True
b. False
Answer: _____
9. Which of the following statements about income statement expenses is most correct?
a. Supplies are expensed (shown) on the income statement when purchased.
b. Supplies are expensed (shown) on the income statement when consumed (used to provide patient services).
c. All lease expense is reported on the income statement.
d. Both a. and c. above are correct.
e. Both b. and c. above are correct.
Answer: _____
10. Which of the following statements co.
Sovappform
This document provides important notes and terms and conditions for a company application form. It lists required documents that must accompany the application, including passports, proof of address, and letters of reference for shareholders and directors. It also provides payment instructions, noting fees can be paid by credit card, bank transfer, or cheque. The terms and conditions section covers payment of fees, services on an annual basis, termination fees, the role of directors if provided by Sovereign, use of the registered office address, and the ability for Sovereign to change the registered office location if necessary.
Unit #8 The Medical Assistant, 13th EditionChapter 17 Banking.docx
Unit #8
The Medical Assistant, 13th Edition
Chapter 17: Banking Services and Procedures
VOCABULARY REVIEW One point each (1)
Fill in the blank with the correct vocabulary terms from the list.
1. A check that is not honored by the bank issuing the check because there were not sufficient funds in the entity’s bank account or the account has been closed _________________________________
2. The misuse of a healthcare facility’s funds for personal gain _________________________________
3. A payment the bank makes in exchange for using money _________________________________
4. Money in a bank account that is not assigned to pay for any office expenses _________________________________
5. A bank draft or an order to pay a certain sum of money on demand to a specified person or entity _________________________________
6. Global technology that includes embedded microchips that store and protect cardholder data _________________________________
7. A document used to withdraw money from one bank account and deposit it into another _________________________________
8. The bank on which the check is drawn or written _________________________________
9. A bank account against which checks can be written and funds can be transferred to the payable party _________________________________
10. The person who signs his or her name on the back of a check for the purpose of transferring all rights in the check to another party _________________________________
11. A capital sum of money due as a debt or used as a fund for which interest is either charged or paid _________________________________
12. The person presenting the check for payment _________________________________
13. Nine-digit code printed on the bottom left side of checks that identifies the bank upon which the check was drawn _________________________________
a. Check
b. Checking Account
c. Discretionary income
d. Drawee
e. Endorser
f. Embezzlement
g. EMV chip technology
h. Holder
i. Interest
j. Negotiable instruments
k. Nonsufficient funds check
l. Principal
m. Routing transit number
SKILLS AND CONCEPTS
Part I: Short Answers
1. (4 points) Describe the following types of banking fees.
a. Account maintenance fee:_______________________________________________
b. Overdraft fee:__________________________________________________________
c. Nonsufficient funds fee:_________________________________________________
d. Transaction fee:________________________________________________________
2. (1 point) In the ambulatory care setting, what is the checking account used for?
_________________________________________________________________________
_________________________________________________________________________
3. (1 point) In the ambulatory care setting, what is a savings account used for?
_________________________________________________________________________
_________________________________________________________________________
4. (2 points) You are a medical assistant in a small pract ...
UNIT 1Multiple Choice Questions (Enter your answers on the enc.docx
UNIT 1
Multiple Choice Questions (Enter your answers on the enclosed answer sheet)
1. The type of business organization that can continue indefinitely is known as a:
a. sole proprietorship
b. partnership
c. corporation
d. None of the above.
2. The purpose of the accounting process is to provide financial information about:
a. sole proprietorships
b. small businesses
c. large corporations
d. All of the above.
3. The cash purchase of a truck was recorded as a purchase on credit. Due to this error:
a. assets were overstated
b. liabilities were overstated
c. answers a and b are both correct
d. None of the above.
4. Which of the following would cause one asset to increase and another asset to decrease?
a. The owner invested cash in the business.
b. The business paid a creditor.
c. The business incurred an expense on credit.
d. The business bought supplies for cash.
5. Which accounts are affected when the company buys supplies on account?
a. assets and capital
b. liabilities and capital
c. assets and liabilities
d. None of the above.
6. Which accounts are affected when the company provides services to a cash customer?
a. assets and capital
b. liabilities and capital
c. assets and revenue
d. None of the above.
7. Which accounts are affected when the owner withdraws cash from the business?
a. assets and withdrawals
b. liabilities and capital
c. assets and liabilities
d. None of the above.
8. A chart of accounts:
a. is set up in alphabetical order
b. includes account balances
c. is a listing of all the accounts used by a company
d. All of the above.
9. Accounts payable had a normal starting balance of $800. There were debit postings of $600
and credit postings of $300 during the month. The ending balance is:
a. $500 debit
b. $1,000 debit
c. $500 credit
d. $1,000 credit
10. The beginning balance in the computers account was $2,000. The company purchased an
additional $1000 worth of computers. The balance in the account is:
a. debit of $2,000
b. credit of $3,000
c. debit of $3,000
d. credit of $2,000
11. A list of all the accounts from the ledger with their ending balances is called a:
a. normal balance
b. trial balance
c. chart of accounts
d. footing
12. Which of the following is prepared first?
a. balance sheet
b. income statement
c. statement of owner’s equity
d. trial balance
13. Which type of account would not be reported on the income statement?
a. revenue
b. expenses
c. liabilities
d. None of the above.
14. The left column of a financial statement is often used to:
a. subtotal numbers
b. show credits
c. show totals
d. show debits
15. The beginning capital account would appear on which financial statement?
a. statement of owner’s equity
b. balance sheet
c. income statement
d. None of the above.
16. The income statement contains:
a. liabilities
b. revenues
c. assets
d. Both b and c are correct.
17. Net income or net loss for a period is calculated by which of the following formula?
a. total revenues - total withdrawals
b. ...
Request for Computer Data
This document is a request form from the New York City Department of Finance for computer data. It requests information to identify the applicant and their company, describes the specific data being requested and its intended purpose, and requires certification that the information provided is correct. The request must be approved by the Legal Affairs division and Computer and Communications Services (CCS) before the data can be provided.
Historic Preservation Credit (K-35)
This document is an application form for the Kansas Historic Preservation Tax Credit. It requests information about a rehabilitation project on a historic property, including project dates and costs. It provides instructions for calculating the available 25% or 30% tax credit based on qualified rehabilitation expenditures. Unused credits may be carried forward for up to 10 years. The form must be submitted with supporting documentation to claim the nonrefundable tax credit.
Question 2The Trial Balance of the Hope, Faith and Cha.docx
The Trial Balance of the Hope, Faith and Charity Company had various normal account balances listed totaling $131,000 in the debit column. The document also included multiple-choice questions related to adjusting entries, financial statements, and trial balances.
Chapter 7 - Test
This document contains a 25 question multiple choice test on accounting concepts related to the general journal. It covers topics like the purpose of the general journal, types of transactions recorded in the general journal, how to record various business events like owner contributions and withdrawals, donations, bad debts, and correcting accounting errors. For each question, the student is asked to select the best multiple choice answer to demonstrate their understanding of general journal entries.
Business and Job Development Credit (K-34)
This document is a tax form for claiming the Kansas Business and Job Development Credit. It requests information about a qualified business facility, including its location, industry codes, investment details, and employment levels. The form is used to calculate available credits for hiring qualified employees and making qualified investments in Kansas. It contains sections to provide information, compute credits, and carry forward unused amounts to future tax years.
Multiple Choice Questions (Enter your answers on the enclose.docx
Multiple Choice Questions (Enter your answers on the enclosed answer sheet)
1. A corporation:
a. can continue indefinitely
b. is owned by stockholders
c. has limited risk to stockholders
d. All of the above.
2. The Sarbanes-Oxley Act was passed to:
a. prevent fraud at public companies
b. replace all of the old accounting procedures with new ones
c. improve the accuracy of the company’s financial reporting
d. a and c only
3. A legal firm would be considered a:
a. merchandise company
b. manufacturer
c. service company
d. None of the above.
4. Which of the following is not an asset?
a. Cash
b. Accounts Receivable
c. Accounts Payable
d. Buildings
5. If total liabilities increased by $6,000 and the assets increased by $8,000 during the accounting period, what is the change in the owner’s equity amount?
a. increase of $2,000
b. decrease of $2,000
c. increase of $10,000
d. decrease of $10,000
6. The claims of creditors against the assets are:
a. expenses
b. revenues
c. liabilities
d. owner’s equity
(
BAM
110
Introduction
to
Accounting
F
inal
Examination
)
(
5
)
7. The Owner’s Equity of Logan’s Company is equal to one-quarter of the total assets. Liabilities equal $60,000. What is the amount of Owner’s Equity?
a. $40,000 b. $20,000 c. $30,000
d. None of the above.
8. Assets are equal to:
a. liabilities + owner’s equity
b. liabilities - owner’s equity
c. liabilities - revenues
d. revenues - expenses
9. A compound entry is:
a. a transaction involving more than one debit and/or credit
b. used to prepare the trial balance
c. the same as the chart of accounts
d. found on the income statement
10. A formal account that has columns for date, explanation, post reference, debit, and credit is called the:
a. T account
b. standard account form
c. ledger
d. chart of accounts
11. A ledger:
a. is a group of accounts and their balances
b. can replace the financial statements
c. is the same as a chart of accounts
d. None of the above.
12. The left side of any account is the:
a. debit side
b. credit side
c. ending balance
d. footings
13. The right side of any account is the:
a. debit side
b. credit side
c. ending balance
d. footings
14. What is the proper entry to show the owner making an investment in the company?
a. a credit to Cash and a debit to Capital
b. a debit to Cash and a credit to Capital
c. a debit to Cash and a credit to Revenue
d. a credit to Cash and a debit to Revenue
15. Which of the following entries would be used to record the billing of fees earned?
a. Debit Accounts Receivable and credit Rental Fees
b. Credit Cash and credit Rental Fees
c. Debit Cash and credit Rental Fees
d. Debit Cash and debit Rental Fees
16. Which of the statements of the rules of debit and credit is true?
a. Decrease Accounts Receivable with a credit and the normal balance is a credit.
b. Increase Accounts Payable with a credit and the normal balance is a credit.
c. Increase Capital with a debit and the normal balance is a de.
Application for Tentative Refund of Withholding on Sales of Real Property by ...
1) The document is an application form for nonresidents to apply for a tentative refund of withholding taxes paid on the sale of Maryland real property.
2) It requests information about the property sale such as date, location, sales price, cost basis, and amount of withholding. It then calculates the applicant's share of capital gains and refund amount.
3) The applicant must sign under penalty of perjury that the information provided is true, and mail the completed form to the Comptroller of Maryland to claim a refund of excess withholding prior to filing their tax return.
Disabled Access Credit (K-37)
This document is an application for the Kansas Disabled Access Credit. It contains sections to claim the credit for modifications made to a personal residence (Part B), a business facility (Part C), or both. The applicant must provide details of the modifications and expenditures to qualify for the nonrefundable tax credit, which can be carried forward for up to 4 years. Qualified expenditures include removing architectural barriers and adapting facilities/equipment to employ individuals with disabilities.
Part 1 - Sample costing flow for a product (10 marks)More re.docx
Part 1 - Sample costing flow for a product (10 marks)
More readings:
Accounting academic help
Box D
Finished Goods:
Opening Balance
+ Transfers in
- Transfers out
Ending Balance
Box B
Sales
- Cost of Goods Sold
Gross Margin
- Corporate Overhead
Earnings before Taxes (operating profit)
- Taxes
Net Income
Box A
Materials:
Opening Balance
+ New work
- Transfers out
Ending Balance
Box C
Work In Process:
Opening Balance
+ Transfers in
+ Labour
+ Mfg Overhead
- Transfers out
Ending Balance
Questions:
1. What type of costing system is illustrated above on this page?
__________________________________________________________________________________
2. What is the correct ordering of the flow of boxes above (example: B to D to C to A)
Also read:
Calculation and classification of cost
___________________________________________________________________________________
3. True and False questions – Mark with X.
Question
True
False
A. Inventory in “finished goods” is the end of the production process.
B. Units transferred out from a department will have material, labour and factory overhead in its cost and is considered material in the next department.
C. Equivalent units of production are the portion of whole units that are complete with respect to either materials or conversion (direct labour and factory overhead) costs.
D. Process costing is used for custom production.
E. Process costing and job costing assign the same costs.
F. FIFO costing includes beginning inventory costs in the equivalent per unit cost.
G. If material for 1000 products was added to Work in Process but conversion costs are 75% complete at month end, the equivalent units for allocating conversion costs incurred in the month are A = 1,000 or B = 750 units. Which is correct?
A
B
H. The Finished Goods in Box D received $25,000 of costs (Transferred in). Opening inventory was $10,000 and ending inventory was $5,000. Transferred out must be A = $25,000 or B = $30,000. Which is correct?
A
B
Part 2 - Sample costing flows and pricing for three customers (10 marks)
Box A
Customer 1
+ Material
+ Labour
+ Mfg. Overhead
+ Corp Overhead
+ Mark up
= Floating Price
Box D
Customer 4
+ Material
+ Labour
+ Mfg. Overhead
+ Corp Overhead
+ Mark up
= Fixed Price
Box C Actual
Customer 2
+ Material to-date
+ Labour to date
+ Mfg. Overhead
+ Corp Overhead
Costs to date
Box C Forecast
Customer 2
+ Material
+ Labour
+ Mfg. Overhead
+ Corp Overhead
+ Mark up
= Fixed Price
Questions:
1. What type of costing system is illustrated above on this page?
__________________________________________________________________________________
2. What is a potential issue with Customer 2 if the overhead allocation is based on a budget and actual results mean the allocat.
CAPR 2015
Submission before April 30th at CDA Dagupan EXtension Office, 3/F Siapno Bldg., Perez Blvd., Dagupan City
email cda_dagupan@yahoo.com; telefax 075 5228285
Truth Serum.2010
The document is a processor questionnaire submitted by a Heartland representative to a business. It contains 31 questions about the representative's services, including whether they provide local service, processing fees, customer service details, and samples of statements and agreements. The representative signs confirming disclosure of all fees and the accuracy of their proposal.
Accounting work from the net (2)
The document provides rules for debit and credit entries in accounting. Increases in assets and expenses are debited, while decreases in assets and increases in liabilities and capital are credited. It also gives examples of basic double-entry transactions like starting a business, purchases, sales, and payments.
Personal budget
This document is a personal family budget that tracks monthly expenses and income over a 5 month period. It lists various bills owed each month including housing, auto, student loans, and credit cards. It also tracks paychecks, savings, rents, dividends, and refunds as sources of income. Recurring expenses such as utilities, communications, maintenance, childcare, insurance, and transportation are accounted for. The bottom section monitors retirement savings and investments. Totals are calculated for monthly checks written, savings, and net income to track the family's financial picture over time.
TCU FRIDAY ELECTIVES (DRILLS AND PRACTICES).pptx
This document discusses the key financial statements used in accounting - the balance sheet, income statement, statement of changes in equity, and statement of cash flows. It defines assets, liabilities, and owner's equity/capital which make up the accounting equation. Current and non-current assets and liabilities are defined along with common line items such as cash, accounts receivable, property and equipment. The purpose and components of the income statement and how net income is calculated is also overviewed.
Assignment #10 Market Structures 1 Perfect Competition and .docx
This document contains an assignment on market structures of perfect competition and monopoly. It includes definitions of key terms, short answer questions about market characteristics and profit levels, and problems analyzing market structures through graphs and tables. Students are asked to define terms, explain concepts, analyze market structures, and calculate profit levels from given information.
Similar to In the columns below, indicate whether each transaction caused and i.pdf (20)
1. Describe the main difference between Financial Accounting and M.docx
1. Describe the main difference between Financial Accounting and M.docx
1. Which of the following items are part of a businesss set of fi.docx
1. Which of the following items are part of a businesss set of fi.docx
Unit #8 The Medical Assistant, 13th EditionChapter 17 Banking.docx
Unit #8 The Medical Assistant, 13th EditionChapter 17 Banking.docx
UNIT 1Multiple Choice Questions (Enter your answers on the enc.docx
UNIT 1Multiple Choice Questions (Enter your answers on the enc.docx
Question 2The Trial Balance of the Hope, Faith and Cha.docx
Question 2The Trial Balance of the Hope, Faith and Cha.docx
Multiple Choice Questions (Enter your answers on the enclose.docx
Multiple Choice Questions (Enter your answers on the enclose.docx
Application for Tentative Refund of Withholding on Sales of Real Property by ...
Application for Tentative Refund of Withholding on Sales of Real Property by ...
Part 1 - Sample costing flow for a product (10 marks)More re.docx
Part 1 - Sample costing flow for a product (10 marks)More re.docx
Assignment #10 Market Structures 1 Perfect Competition and .docx
Assignment #10 Market Structures 1 Perfect Competition and .docx
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You are attending a medical conference in which you may choose 4 pre.pdf
You have 12 lecturers to choose from for 4 presentations at a medical conference. There are 12!/4! or 495 different ways to choose the presentations if order matters. If order does not matter, there are 12! or 479,001,600 different combinations of choosing 4 presentations out of 12 lecturers.
In the past, 44 of those taking an exam have passed the exam. Latel.pdf
In the past, 44% of those taking an exam have passed the exam. Lately, exam preparation books
may have improved the likelihood of an individual
Solution
Population: People taking a public accounting-qualifying exam Success attribute:
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in the national AIDS behavioral surveys sample of 2673 adult heterosexual, .2% (thats .0002 as a
decimal fraction) had both received a blood transfusion, and had a sexual partner from a group at
high risk of AIDS. explain why we cant use the large-sample confidence interval to estimate the
proportion p in the population who share these two risk factors.
Solution
Due to personal bias and non response bias, the results so obtained from the
sample are more likely to be under estimates. Some respondents may underreport
to the question whether they had a sexual partner from a group at high risk of AIDS
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use of large-sample confidence interval to estimate the population proportion p is
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In the movie Flatland A. Square visits Spaceland and from there obse.pdf
In the movie Flatland A. Square visits Spaceland and from there observes many different lands
Solution
\'A. Square\' is referred to as a square. We know that square is a two dimensional figure. We also
know that square is made up of infinitely many points. Since a point has zero dimensions and it
doesn\'t occupy any real space. That is the reason why it cannot see the square. On the other
hand, square is two dimensional, and it occupies infinitely many points, so it can see all those
points.
Since square can also be considered to contain infinitely many lines (which are one
dimensional), so it can easily see all the line it contains. However, line can only see that part of
the square which it occupies. So it can see the portion lying in one dimension only. The other
portion that lies on the other dimension cannot be seen by the line.
Since \'square\' as well as \'flat\' are two dimensional figures, so that can see each other quite well
as they occupy each other.
A tesseract is a four dimensional version of a square. For example square it two dimensional,
cube is three dimensional and tesseract is 4 dimensional. Now if a tesseract meets a square in the
spaceland, tesseract will be able to see all about square because tesseract occupies it completely.
However, square won\'t be able to see the tesseract entirely. Square will only be able to see the
part of the tesseract that lies on it, i.e. two dimensional part. Rest of the part of tesseract will not
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In the international environment, it is apparent that China is makin.pdf
In the international environment, it is apparent that China is making large investments in the
global financial markets in their shift away from exports. Is there a connection between China\'s
exports and its financial investments in other countries? Your answer should mention China\'s
current financial account.
Solution
China has seen huge export surpluses during recent years. In 2008 China\'s
export surplus was 7.9 percent of GDP, down from 8.9 percent of GDP in 2007. The export
surplus is substanital even though declining. However, in the recent years there has been an
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In the formula for the Confidence Interval for the Mean, besides E, .pdf
In the formula for the Confidence Interval for the Mean, besides E, what group of symbol(s)
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Solution
E = z*sd/root(n)
sd = standard deviation
Z = confidence level parameter statistic
n = Total number of samples
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In the following phrase The probability of Iq scores of adults be.pdf
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Please help
Thank You
Solution
It gives a clear distinction of the attitude of the twoplaces, on one hand they have people cursing
everything in theirhuman life, and on the other they have a divine reverenceportrayed by all
individuals. The souls in hell have no hope ofever seeing the face of God or to ever be in his
glory. The soulsin Purgatory have hope, and some day will be joined with theholiest of holies.
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anxious to make an individual impression, andall souls are dammed to aimlessly wander in the
sin they held on towhile living on earth, there is no consolation for the repeating oftheir
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_______ Proceeds from issuance of bonds payable
_______ Interest expense
_______ Redemption of bonds payable at maturity
Solution
1)Financing activity- issuance of bond is for financing our long term needs of business
2) operating activity - Assuming interest is paid on loan taken for operating activity (working
capital loan) otherwise it will be a part of financing activity
3)Financing activity ..
In the first quarter of 2009, President Obama pushed his massive fis.pdf
In the first quarter of 2009, President Obama pushed his massive fiscal stimulus package of $862
(It was originally at $787 billion) through the Congress and later passed by the House and the
Senate, whose centerpiece was spending most of this stimulus funds in repairing and building
infrastructure in transportation, healthcare, science and technology, and education. Pres. Obama
also urged to make a modest tax cut for middleincome families making a household income less
than $250K per year (it has been modified to $400k starting from January 2013). The push for
this combined package of spending and partial tax cut was also criticized by several opponents in
politics, academia, and businesses on the ground that the spending was too large under
government financing to balance the growing budget deficit and national debt that might threaten
future economic stability of the country.
A) What possible macroeconomic arguments might President Obama use to defend his $862
billion fiscal stimulus package as a part of his economic recovery plans?
B) What were the macroeconomic arguments the critics might have expressed in their opposition
to stimulus package as a bad economic policy, and not just for the US, but also for the world
economy? Do they sound to have a trickle down adverse effect in the current or future financial
stability in the US and the World economy, say later in 2013 and beyond? Do you think this
issue is also related to the current political rhetoric between the GOP and Democrats on raising
the tax rates for the wealthy making over $250K annually and leave the Bush Tax cut for the
middle class (expired on Dec 31, 2012, with modification of extending the tax cut up to $400K
per household)? With the new fiscal bill of President Obama passed by the US Congress on Jan
2nd of 2013, how would it affect the economy in the next two years starting from Jan 2013?
Note: President Obama is expected to propose further stimulus package in his 2015 State of the
Union Address of Jan 20, 2015 on the basis of the same principle for boosting the middle class
economy.
C) Recent data shows a sudden decline of RGDP growth rate in China after continuous robust
economic growth for more than a quarter of century. In response to this early sign of recession,
on April 19, 2015 the central bank of China has reduced its reserve requirement ratio by another
1% that it has started reducing since Nov 30, 2011. This is the second time since Feb 4, 2015 that
the Central Bank of China reduced its RRR this year. In reaction to that biggest one time
reduction of RRR was a sharp spike in stock market prices worldwide within hours. What would
happen to the growth rate of the money supply in China if foreigners lost confidence in the
Chinese Economy as a result of current uncertainty over the declining rate of economic growth
and aggressive reduction of RRR by its Central Bank? Explain briefly.
D)Using the Keynesian Cross model diagram (The diagram with 45 degree line by sp.
In the example of the Falkland Island incident, why did the British .pdf
In the example of the Falkland Island incident, why did the British spend enormous sums of
money on such a small piece of Real Estate to keep it under British Rule?
Solution
FalkLand Island has become very crucial for British government. It is inhabited by the over 2500
people and army presence is over the 1300. This is the biggest question that why UK govt is
spending too much to save this island. Agentina is disputing the British government control over
the Falkland Island. Main reason behind the spending is the prospective energy resources in
Island. global economy is going to face major challenge of engery in the near future. hence
Falkland Island has become of utmost importance for UK government..
In the early 1990s, Cranston Dispensers, Inc. was quick to realize t.pdf
In the early 1990s, Cranston Dispensers, Inc. was quick to realize that concern for the
environment would cause many consumer product manufacturers to move away from aerosol
dispensers to mechanical alternatives that pose no threat to the ozone layer. In the following
decades, most countries banned the most popular aerosol propellants, first chlorofluorocarbons
and then hydrocholrofluorocarbons. As the leading manufacturer of specialized pump and spray
containers for a variety of products in cosmetics, household cleaning supplies, and
pharmaceutical industries, Cranston experienced a rapid increase in sales and profitability after it
made this strategic move. At that time, the firm focused much of its attention on capturing
market share and keeping up with demand.
For most of 20x4 and 20x5, however, Cranston’s share price was falling while shares of other
companies in the industry were rising. At the end of fiscal 20x5, the company hired Susan
McNulty as the new treasurer, with the expectation that she would diagnose Cranston’s problems
and improve the company’s financial performance relative to that of its competitors. She decided
to begin the task with a thorough review of the company’s working capital management
practices.
While examining the company’s financial statements, she noted that Cranston had a higher
percentage of current assets on its balance sheet than other companies in the packaging industry.
The high level of current assets caused the company to carry more short-term debt and to have
higher interest expense than its competitors. It was also causing the company to lag behind its
competitors on some key financial measures, such as return on assets and return on equity.
In an effort to improve Cranston’s overall performance, Susan has decided to conduct a
comprehensive review of working capital management policies, including those related to the
cash conversion cycle, credit policy, and inventory management. Cranston’s financial statements
for the three most recent years follow.
Cranston Dispensers
Income Statement
($ in thousands)
Account
20x5
20x4
20x3
Sales
3,784
3,202
2,760
Cost of Goods Sold
2,568
2,172
1,856
Gross Profit
1,216
1,030
904
Selling & Administrative
550
478
406
Depreciation
247
230
200
Earnings Before Interest and Taxes
419
322
298
Interest Expense
20
25
14
Taxable Income
399
297
284
Taxes
120
89
85
Net Income
279
208
199
Cranston Dispensers
Balance Sheet
($ in thousands)
Account
20x5
20x4
20x3
Current Assets
Cash
341
276
236
Accounts Receivable
722
642
320
Inventory
595
512
388
Total Current Assets
1,658
1,430
944
Net Fixed Assets
1,822
1,691
1,572
Total Assets
3,480
3,121
2,516
Current Liabilities
Accounts Payable
332
288
204
Accrued Expenses
343
335
192
Short-term Notes
503
491
243
Total Current Liabilities
1,178
1,114
639
Long-term Debt
398
324
289
Other Long-term Liabilities
239
154
147
Total Liabilities
1,815
1,592
1,075
Owners’ Equity
Common Equity
1,665
1,529
1,441
Total Liabilities & Equity
3,480
3,12.
in the decade of 1980 the average number of cases of diphitheria rep.pdf
in the decade of 1980 the average number of cases of diphitheria reported each year in the USA
was 2.5. whats probability that exactly 3 were reported in a given year?
Solution
use the poisson distribution with mean = = 2.5
P(x=3) = (2.5^3)(e^-2.5)/3! = .2138.
In the autumn of 2003, the National Safe Kids Campaign conducted a s.pdf
In the autumn of 2003, the National Safe Kids Campaign conducted a study of helmet use among
children ages 5 to 14 who participate in wheeled sports. Data were collected from various sites
across the United States that were designated as places where children often engage in wheeled
sports. Activity, apparent gender, and estimated age were recorded for each rider, along with
information on helmet use. It was found that, overall, 41% of children were wearing a helmet
while participating in a wheeled sport.
a. Was this study an experiment or an observational study?
b. Identify the parameter of interest .
c. Identify the statistic and give its value.
d. Classify the four variables as numerical or attribute.
Solution
a) Observational study, the researchers did not actually impose a treatment on any of the
children.
b)The percentage of kids ages 5 to 14 that wear helmets during wheel sports.
c)41% of the observed children wore a helmet during participation in a wheel sport.
d)Activity - Attribute
Gender - Attribute
Age - Numerical
Wearing a helmet - Attribute.
In the case People for the Ethical Treatment of Animals V Daughney .pdf
In the case People for the Ethical Treatment of Animals V Daughney: Was there any indication
that Doughney was cybersquatting?
Solution
Yes in the case between PETA (People for the ethical treatment of animals) and daughney, there
was an indication of cybersquatting. In simple language cybersquatting to use the domain name
of others and also the good will they have already to get profit with some bad intentent and in
this case Daughney has used the domain of peta and its intention is towards get profit from the
animals and PETA is aganist it. So finally doughney has surrendered the domain..
In the case of interest income from state and Federal bonds, which a.pdf
In the case of interest income from state and Federal bonds, which are true and which are
false?I.Interest on United States Government bonds received by a state resident cannot be
subject to that state’s income tax.II.Interest on United States Government bonds are not subject
to Federal income tax.III.Interest received on bonds issued by State A received by a resident of
State B cannot be subject to income tax in State B.
Solution
I is true whereas II and III are false
(i) federal statute prohibits the states from taxing United States Government bonds ( just as state
bond interest is not subject to Federal income tax)
(II) The federal government does tax its own bonds.
(III) And there is no Statutory or Constitutional limitations on the states taxing each other\'s
obligation.
in the book complexity and the nexus of leadership, what is the .pdf
in the book \"complexity and the nexus of leadership\", what is the main idea of the chapter 2.
Solution
In Chapter 2, there is a theme that winds its way through our entire presentation of innovation.
Although communication has long been an important topic in leadership practice and
management education, the specific nature of how information can be enriched as it is exchanged
has not received the attention it deserves. From our complexity science perspective, we are
calling the process of information enrichment interaction resonance. It is largely through
interaction resonance that the kind of micro-level diversity expresses itself as those experiments
in novelty that are at the core of innovation..
In the accumulation phase of the investor life cycleA. investors .pdf
In the accumulation phase of the investor life cycle:
A. investors with long-term time horizons should accept only low risk.
B. investors have high net worth.
C. investors are saving for retirement only.
D. investors may seek to accumulate wealth through higher risk investments.
E. none of the above
Solution
Whenever it comes to retirement planning for golden period of life investor takes it seriously and
save money.
There are three phase of retirement planning
Therefore, the correct option is C..
In the 1970s, information technology was primarily concerned with __.pdf
In the 1970s, information technology was primarily concerned with _______, while today
information technology is the focus.A) data miningB) data processingC) database
managementD) software development
Solution
option C is correct. at the time they concentrated only on gathering and storing the data..
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