Premium Essay

Midterm 08/2012

In:

Submitted By ohmeohmy
Words 878
Pages 4
1. Question :
(TCO A, B, C) Which of the following statements concerning users of accounting information is incorrect?

Student Answer: Management is considered an internal user. Present and prospective creditors are considered external users. Regulatory authorities such as the SEC are considered internal users. Taxing authorities are considered external users. Instructor Explanation: Chapter 1 page 7 Points Received: 3 of 3 Comments: 2. Question :
(TCO C) Issuing shares of stock in exchange for cash is an example of a(n):

Student Answer: delivering activity. investing activity. financing activity. operating activity. Instructor Explanation: Chapter 1 page 9 Points Received: 2 of 3 Comments: Issuing stocks is considered financing since it generates cash for the business operations. 3. Question :
(TCO C) Buying and selling products are examples of:

Student Answer: operating activities. investing activities. financing activities. delivering activities. Instructor Explanation: Chapter 1 page 10 Points Received: 3 of 3 Comments: 4. Question :
(TCO A) The best definition of assets is, the

Student Answer: cash owned by the company. collections of resources belonging to the company and the claims on these resources. Owners' investment in the business. resources belonging to a company that offer future benefits to the company. Instructor Explanation: Chapter 1 page 9 Points Received: 3 of 3 Comments: D is a better definition, but you could also make an argument for B being correct. 5. Question :
(TCO C) Finley Company recorded the following cash transactions for the year:

Paid $90,000 for salaries.
Paid $40,000 to purchase office equipment.
Paid $10,000 for utilities.
Paid $4,000 in dividends.
Collected $150,000

Similar Documents

Premium Essay

Course Syllabus

...[pic] COURSE SYLLABUS Semester: Fall, Year: 2012  College Mission Statement Richard J. Daley College provides high-quality education which leads to academic success, career development, and personal enrichment that fulfill diverse community needs. Mathematics Department Mission Statement Our mission is to deliver excellent service and to provide learning opportunities by offering a wide range of mathematics courses, which will help our diverse student population to reach their goals in their path of preference such as baccalaureate transfer, workforce development, adult or continuing education. Our dedicated faculty will guide our students in constructing the necessary elements that will help them succeed in their math classes, and also encourage and motivate them to participate in college wide activities. We are committed to preparing our students to be productive, contributing members of their community with problem solving and critical thinking skills. We provide our students with the motivation to use the power, beauty, and utility of mathematics to successfully prepare themselves for global citizenship. |Math 99 RW | |[pic] | |“Intermediate Algebra with Geometry” ...

Words: 2610 - Pages: 11

Premium Essay

Syllabus

...NORTHEASTERN UNIVERSITY INTERNATIONAL AFFAIRS PROGRAM INTL 1101: GLOBALIZATION AND INTERNATIONAL AFFAIRS MR 11:45 AM - 1:25 PM, 310 Behrakis SPRING 2014 INSTRUCTOR INFORMATION Name: Dr. Ioannis Livanis Contact info: 617-373-4697 E-mail address: i.livanis@neu.edu Office: 210D Renaissance Park Office hours: Monday 2:00-4:00pm and Thursday 3:00-5:00pm ; and by appointment! TEACHING ASSISTANT INFORMATION Name: E-mail address: Office: Office hours: Course Content: The world is never a boring place, whether we are interested in politics, culture, history, security, or art. To understand the world around us, however, we must be engaged citizens of the world. We must try to put ourselves in others’ shoes, to develop a sense of how others perceive the world, what others experience, and to make connections with these differences. The study of international affairs trains us to think more carefully about global issues and encourages us to take action when needed. This course serves as an introduction to International Affairs, an interdisciplinary program that covers international politics, history, sociology, anthropology, language, and culture. This class is unique in that we will have lectures on a variety of topics, and watch films that enhance your understanding of globalization. You will be introduced to basic concepts of international affairs, including an introduction to the international system, globalization, and international organizations. We will explore global issues...

Words: 3448 - Pages: 14

Premium Essay

Ksyllab

...and abide by all of the course information and policies listed below. Failure to do so could result in you failing this course or being withdrawn from this course by your instructor, School of Business Dean’s Office or by the Graduate Studies Department. The course syllabus provides a general plan for the course; deviations may be necessary. COURSE PREREQUISITE: All MBA Foundations classes must be completed or waived before enrollment in FIN 611. REQUIRED MATERIALS: 1. Textbook – Corporate Finance: The Core, by J. Berk and P. DeMarzo, published by Prentice Hall, ISBN (10‐digit) 0132153688. Available in loose leaf (3‐ring) format in the U Tampa bookstore. Textbook are also available as an e‐book from coursesmart: 1 Revised 08/21/2012 2. Cases and readings: available from www.study.net – available by 8/27/12 3. Additional files and readings will be distributed via Blackboard 4. Calculator - A financial calculator is required for this class. A Hewlett Packard 10B or a Texas Instruments BAII+ is ideal. Other brands/models may also suffice. Bring your calculator to class every day. Be sure you know how to use it. 5. Laptop computer – Many students find it useful to use their laptop computer during class. This is not required. Any student using a laptop during class is expected to stay fully focused on the subject at hand at all times – no e-mail, internet, etc....

Words: 2490 - Pages: 10

Premium Essay

Public International Law

...University of Asia Pacific ------------------------------------------------- Department of Law and Human Rights Lesson Plan Course Code & Title: | Law 115 : Constitutional Laws of Bangladesh | Semester: | 1st Year 2nd Semester | Teacher: | Azizun Nahar | Office/Room: | Bikolpo Tower (5th floor), House No. , Road no 5/A, Dhanmondi, Dhaka. | Consultation/Contact Time: | Day 1(Sun day) 12.00 A. M to 01.55 P.M. 3.00 P.M. to 4.55 P.M.Day 2( Mon day) A.M. to 12.55 P.M. 2.00 P.M. to 4.55 P.M.Day 3( Tues day) A.M to 10.55 A.M. 3.00 P.M. to 4.55 P.M. Day 4( Wednesday) 11.00 A.M. to 11.55 A.M. 3.00 P.M. to 4.55 P.M.Day 5(Thurs day) 09.00 A.M. to 11.55 A.M. | Email: | a.moonmoon@yahoo.com | Mobile: | 01712-356955 | Course Overview: | The Course on Constitutional Laws of Bangladesh incorporates, within its sovereign domain, the fundamental aspects of constitution, constitutionalism as well as the composition and functioning of various components of Bangladesh as a state. | Course Outline: | Constitutional Laws of Bangladesh emphasizes on basics of constitutional jurisprudence, constitution, role and functioning of state machineries of Bangladesh namely Parliament, Executive & Judiciary. | Course objectives: | The course on Constitutional Laws of Bangladesh intends to help the students understand the premises and periphery of Constitutional Jurisprudence as well as the compostion, functioning of the basic organs of Bangladesh and their role in ensuring...

Words: 1511 - Pages: 7

Free Essay

Cross Cultural Management

...and staff as they will be able to relax their bodies from daily stress. On the other hand, this proposal will also generates profit for PMU, as students and staff will be required to pay 10 SR/hour to enter the lounge. PMU is well known university in the Eastern Province and internationally, as it is one of the fast growing universities in the gulf region. Through its accreditation by national standards, PMU have been able to pull out an impressive standard. However, students and staff have been complaining about the long gaps between their classes. Statement of Problem One of the main important factors of any undergraduate is time management. As students are being stressed and filled with endless assignments, projects, quizzes, and midterms. Therefore, time is huge factor in a PMU student, unfortunately the long breaks between classes destroys the time of the students. However, creating a place for students to relax and refresh their minds will help in making them more effective. As our minds need to have a break in order to function effectively and to...

Words: 1139 - Pages: 5

Free Essay

Syllabus

...A | Course Title & Number | WRI 102: Writing and Reading across the Curriculum | B | Pre/Co-requisite(s) | Successful completion of WRI 101 or placement through the English Placement Test. | C | Number of credits | 3 - 0 - 3 | D | Faculty Name | Özgür Parlak | E | Term/ Year | Fall 2014 | F | Sections | CRN | Section | Days | Time | Location | 10675 | 02 | Mon-Wed | 08:00 - 9:15 | LAN 116 | 10678 | 05 | Mon-Wed | 09:30 – 10:45 | LAN 116 | * Location subject to change | G | Faculty Information | Instructor | Office | Telephone | Email | Özgür Parlak | LAN 217 | 06 515 2684 | oparlak@aus.edu | Office Hours: * Office Hours will be posted on the office door as well as on iLearn. | H | Course Description from Catalog | Builds on the reading and writing skills acquired in WRI 101. Strengthens students’ reasoning skills and understanding of the various rhetorical strategies available to them in the writing process as they produce competently organized argumentative essays. Requires students to practice ethical, basic integration and documentation of sources. Hones students’ linguistic proficiency. | I | Course Learning Outcomes | Upon completion of WRI 102, the students will be able to 1. demonstrate the ability to write a structured and logical critical analysis of an academic text 2. demonstrate the ability to write lucid and cogent prose in a fully developed, audience conscious, academic argumentative essay (approximately 3-5 pages) that...

Words: 2113 - Pages: 9

Premium Essay

Internship

...COMPANY LI MITED | 6.87% | 6,87,200 | 171.80 | 40 | Long term | BATA SHOE | 9.76% | 9,76,410 | 513.90 | 19 | Long term | BATBC | 9.79% | 9,79,000 | 890.00 | 22 | Midterm | SQUARE PHARMACEUTICALS LIMITED | 6.98% | 6,98,490 | 179.10 | 390 | Long term | OLYMPIC INDUSTRIES | 9.93% | 9,93,000 | 99.30 | 20 | Long term | BEXIMCO | 8.47% | 8,47,000 | 48.40 | 175 | Mid term | PIONEER INSURANCE | 4.96% | 49,570 | 66.1 | 15 | Mid term | AFTAB AUTOMOBILES | 6.98% | 6,98,880 | 67.20 | 208 | Short term | 8TH ICB M.F | 4.94% | 4,94,000 | 52.00 | 220 | Short term | GOVERNMENT TRESURE BILL | 8% | 8,00,000 | 1,00,000 | 08 | Long term | Total | 100% | 9,9,99,055 | | | | SHARE ANALYSIS ON TERM BASIS: In our portfolio there should be three types of share. Short term share, midterm shares and long term share. Short term share: The purpose of holding this kind of share will be generating profit by selling share to secondary market. Those shares where NAV is high, EPS is volatile, Dividend pay out-ratio is fluctuating and share price are frequently changed will be placed in here. We also consider the paid-up capital. In portfolio revision stage we will take decision whether we should sell those shares or not. In our portfolio the following shares are taken as short term share. 1. AB Bank 2. Aftab Auto 3. 8th ICB Midterm share: The purpose of the holding this share will generate dividend income and capital gain. Those share dividend pay out ratio is good, EPS is steady, P/E ration...

Words: 4932 - Pages: 20

Premium Essay

Didjdj

...Case Study for Information Management 資訊管理個案 E-commerce: Digital Markets, Digital Goods 1. Facebook, 2. Amazon vs. Walmart (Chap. 10) 1011CSIM4B10 TLMXB4B Thu 8, 9, 10 (15:10-18:00) B508 Min-Yuh Day 戴敏育 Assistant Professor 專任助理教授 Dept. of Information Management, Tamkang University 淡江大學 資訊管理學系 http://mail. tku.edu.tw/myday/ 2012-11-29 1 課程大綱 (Syllabus) 週次 日期 內容(Subject/Topics) 1 101/09/13 Introduction to Case Study for Information Management 2 101/09/20 Information Systems in Global Business: 1. UPS, 2. The National Bank of Kuwait (Chap. 1) 3 101/09/27 Global E-Business and Collaboration: NTUC Income (Chap. 2) 4 101/10/04 Information Systems, Organization, and Strategy: Soundbuzz (Chap. 3) 5 101/10/11 IT Infrastructure and Emerging Technologies: Salesforce.com (Chap. 5) 6 101/10/18 Foundations of Business Intelligence: Lego (Chap. 6) 2 課程大綱 (Syllabus) 週次 日期 內容(Subject/Topics) 7 101/10/25 Telecommunications, the Internet, and Wireless Technology: Google, Apple, and Microsoft (Chap. 7) 8 101/11/01 Securing Information System: 1. Facebook, 2. European Network and Information Security Agency (ENISA) (Chap. 8) 9 101/11/08 Midterm Report (期中報告) 10 101/11/15 期中考試週 11 101/11/22 Enterprise Application: Border States Industries Inc. (BSE) (Chap. 9) 12 101/11/29 E-commerce: 1. Facebook, 2. Amazon vs. Walmart (Chap. 10) 3 課程大綱 (Syllabus) 週次 日期 內容(Subject/Topics) 13 101/12/06 Knowledge Management: Tata Consulting Services (Chap. 11) 14 101/12/13 Enhancing Decision Making: CompStat...

Words: 1288 - Pages: 6

Premium Essay

Enbridge Strategic Overview

...SGMA591 Midterm 1 Lecture 02 Mike Maher October 15, 2012 10037899 10014972 10002340 10116719 10114976 10114977 Introduction Enbridge is faced with challenges on a daily basis. Its multiple strategic positions are meticulously thought out by countless individuals, and have to this date ensured consistent growth and success within the corporation. The purpose of this report is to detail the many aspects behind Enbridge Inc.’s strategy, including those strategies before and after the catastrophic failure of pipeline 6B on 26 July 2010 in Talmadge Creek. This report will address Enbridge’s strengths, weaknesses, opportunities, and threats, it will include an analysis of the organization’s financials, as well as address a number of key short-term and long-term issues that face the company, paired with recommendations. Through extensive research of Enbridge Inc., it is clear that the company is in need of strict maintenance strategies regarding its pipelines, in order to avoid the costly detriment of events much like that of Talmadge Creek. It is spills such as these that vastly affect the financial performance of Enbridge. Further elaboration of this statement will be presented in the body of this report. Talmadge Creek The Enbridge spill that took place in Calhoun County, Michigan, leaked more that 900,000 US gallons of crude tar sands oil into the Talmadge Creek, and was an event that to this day Enbridge hasn’t been able to fully recover from. The spill was so extensive, that...

Words: 3004 - Pages: 13

Free Essay

Omar

...Kulliyyah / Institute | Engineering | Department / Centre | Electrical and Computer Engineering | Programme | B. Engg (Communications Engineering) | Name of Course / Mode | Antennas and Wave Propagation | Course Code | ECE 4126 | Name (s) of Academic staff / Instructor(s) | Md. Rafiqul Islam | Rationale for the inclusion of the course / module in the programme | Required course for Communications Engineering Programme | Semester and Year Offered | Every semester | Status | Core | Level | 4 | Proposed Start Date | Semester 1, 2014-2015 | Batch of Student to be Affected | | Total Student Learning Time (SLT) | Face to Face | Assessments | Independent Learning | Total Student Learning Time | Lecture | | Discussion | Midterm | Quizzes | Assignment | Final | | | 42 | | | 2 | 2 | 12 | 3 | 63 | 124 | | Credit Value / Hours | 3/124 | Pre-requisites (if any) | ECE 3225 | Co-requisites (if any) | None | Course Objectives | The objectives of this course are to: 1. To develop a good understanding of the Antenna, its radiations, gain and other characteristics. 2. To expose the students for the design and application of commonly used antennas as well as special type of antennas. 3. To develop a basic understanding of the characteristics of electromagnetic wave propagation and its applications as a foundation for radio communication engineering. | Learning Outcomes | Upon completion of this course, students should be able to:...

Words: 1597 - Pages: 7

Premium Essay

How to Improve Systems

...Nursing 101 The Art and Science of Nursing Spring 2013 PRE-REQUISITES AND CO-REQUISITES: None COURSE CREDITS AND COURSE HOURS: 3 credits (3, 1, 2) GRADING SCALE: Refer to 2011/2012 CNC Calendar, p. 110 COURSE DESCRIPTION: This course introduces the beginning student to the dimensions of professional nursing practice. Through group and individual learning activities, students are introduced to concepts, professional nursing practice, issues & trends in nursing, and the Canadian health care system. This course establishes the foundation for your future nursing career. COURSE STRUCTURE: Classes are delivered using lecture, discussion, group work, and lab and clinical experiences. There is also an online component to the course. Please visit the Nursing 101 Moodle shell regularly for readings and submission of assignments. There are required readings assigned for each week and material from these readings will be applied during class activities. It is expected that students will have completed the required readings, as this will help facilitate each students’ active participation in the course and the achievement of learning outcomes. All required and supplemental readings are testable material. STUDENT REQUIREMENTS: PARTICIPATION IN ALL LAB AND CLINICAL SESSIONS IS MANDATORY. FAILURE TO ATTEND YOUR SCHEDULED SESSION WILL RESULT IN FAILURE OF NURSING 101. (See policy regarding illness in student handbook & CRNBC Fitness to Practice Requirements). You must...

Words: 5452 - Pages: 22

Premium Essay

Poctor Gamle

...Midterm: Procter & Gamble Company By Petrisse Mason ------------------------------------------------- Course Name: Marketing in a Flatworld ------------------------------------------------- Course Number: GMT 725 ------------------------------------------------- Master of Business Administration in General Management School for Business Metropolitan College of New York New York, NY ------------------------------------------------- Professor: Dr. Richard Monahan ------------------------------------------------- March 22nd, 2015 ------------------------------------------------- Spring 2015 Term Executive Summary William Procter, emigrating from England, established himself as a candle maker in Cincinnati, which was a busy center of commerce and industry in the early nineteenth century. James Gamble, arriving from Ireland, apprenticed himself to a soap maker also located in Cincinnati. The two might never have met had they not married sisters Olivia and Elizabeth Norris, whose father convinced his new sons-in-law to become business partners. As a result, in 1837, a bold new enterprise was born: Procter & Gamble (P&G, 2015). On October 31, 1837, William Procter and James Gamble signed the partnership agreement that founded the Procter & Gamble Company. Their total assets at the time were $7,192.24 (P&G, 2015). The business began during nationwide panic and depression, but the struggling young firm survived. Today the Procter &...

Words: 1705 - Pages: 7

Premium Essay

Apple Financial Analysis

...FIN 305: Business Finance Spring 2016 Midterm Paper: Financial Analysis on Apple EXPECTATIONS & EVALUATIONS The objective of this paper is to thoroughly analyze Apple’s financial history and status for the last five years (2003 – 2007). Other important topics will be discussed which include: the company’s background, its assets, bonds, stocks, etc. To support the analysis, different relevant ratios will be calculated for Apple Inc in order to estimate the company’s current status, and also to compare Apple Inc. to the computer industry and one of its major competitors – Dell. The financial analysis of Apple is based on evaluating company and industry data from various sources. A trend analysis was performed using data for the last five years, and presented in Excel charts and tables. Finally, I computed various ratios for Apple, and compared them to industry norms, and to Dell’s. Numerous graphs were created using MS Excel to support the analysis. EXECUTIVE SUMMARY History Apple Computer was formed in April 1976 by 25-year-old Steve Wozniak and 21-yearold Steve Jobs—both college dropouts. After selling a van for some extra start-up cash, the two set up shop in the Jobs’ family garage at 2066 Crist Drive in Los Altos, California, to start building computers. In 1977, Jobs and Markkula hired Michael Scott as the company’s first president and Chief Executive Officer (CEO).8 In April of that same year, Apple decided it would be beneficial to their marketing...

Words: 2661 - Pages: 11

Premium Essay

Holocaust

...Holocaust Midterm Dana Bob Mercy College 1. Explain the origins and development of modern anti-Semitism Throughout history the Jewish community has been subject to a violent history which can be traced as far back as their expulsion from Carthage in 250 C.E. For centuries, Jews have endured slavery, land confiscations, massacres, pogroms, blood baths, mass arrests, public torture, banishments, inquisition, slaughter, mass murders and finally, the Holocaust in the 20th century (Grossman, 2014). The Holocaust by far has been the most odious experience that the Jewish community has endured and yet there are many who deny it even took place. The rise of anti-Semitism in early 20th century Germany surely did not begin with Adolf Hitler; however, he was the fulcrum on which it intensified. This hatred for the Jews was not always the case as prior to World War I Jews in Eastern Europe “enjoyed a period of comparative peace, tranquility and the flowering of Jewish religious life” (Jones, 2011). It was after the defeat and subsequent peace settlement at Versailles in 1919, which was followed by a period of depression and burdensome reparations, that nation began to look for a scapegoat. The Jews were seen as the leaders of the parties which had surrendered and ‘stabbed’ Germany in the back by agreeing to the peace accord. Germany slipped into a great depression in the early 1920’s with widespread unemployment and rampant inflation. Hitler and the Nazi party began...

Words: 2103 - Pages: 9

Free Essay

Self Fulfilling Prophecy

...product of the concept of self-fulfilling prophecy. In this article, we will address these questions as follow. First, we present the definition of the self-fulfilling prophecies. Second, we will look at the process of the self-fulfilling prophecy and how it is applied in our everyday life. We subsequently identify the effects of the self-fulfilling prophecy. Fourth, we will discuss the relation of self-fulfilling prophecy to stereotypes. Finally, we will conclude by weighing up the pros and cons of the self-fulfilling prophecy and how it can be fully utilised in an organisation. 3. Applications of Self-Fulfilling Prophecies Three steps are involved in the self-fulfilling prophecy process (McShane, Olekalns & Travaglione, 2012). Process begins when Stage (1) * Defining attitudes, and beliefs of its members * Employer interacts with employee who present highly visible and distinctive characteristics (includes gender, social class, disability, occupation or race) * First impressions or expectations set to the employee are based on assumptions about the characteristics dictated by the employers’s previous experience or by conformity to...

Words: 2554 - Pages: 11