Free Essay

Acc 100 Final Paper

In:

Submitted By croal77
Words 324
Pages 2
Assignment 2: Logic Application

MATH 104
Professor Matthew Selwyn
Strayer UniversIity
27 August 2012

Find the sum of Belle’s cards 3 + 4 + 7 = 14
Find the sum of Carol’s cards 4 + 6 + 8 = 18
Since the sum of Belle’s cards and Carol’s cards are not equal, then the sum of my cards is either 14 or 18.

Belle sees all five odd numbers between 1 and 9: 1, 3, 5, 7, and 9.
I can see that Andy three odd numbers 1, 3, and 7.
I can see that Carol does not have any odd numbers. Since Andy has 1, 3, and 7, therefore I must have the remaining odd numbers: Two of my cards are 5 and 9.
I still have one number unknown, but I know the sum of the unknown plus 5 and 9 equals 14 or 18. x + 5 + 9 = 14
OR
x + 5 + 9 = 18

If the sum of my cards is 14:

x + 5 + 9 = 14 x + 14 = 14 x – 14 = 14 – 14 x = 0
However, because the cards are numbered between 1 and 9, then x ≠ 0. This solution is not valid, and therefore eliminated. If the sum of my cards is 18:

x + 5 + 9 = 18 x + 14 = 18 x – 14 = 18 – 14 x = 4
My cards are 4, 5, and 9.
(*) Andy sees that I have 5, and 9, therefore, 1, 3, and 7 remain and since Carol has all even numbers he must have a, 3, and 7.

Conclusion: Guess Your Cards is a game won by using deduction and the process of elimination. The answers to the questions drawn from the deck, equips the players with the linkages between the cards that are visible as well as their own cards that are not visible. By building on the information provided, players can eliminate numbers they don’t have or identify which numbers they do have and ultimately identify all the cards they have.

Similar Documents

Free Essay

Acc 497 Final Exam Question and Answers

...Section 351 is an example of a negative aspect of the corporate form of business organization. 3. Which of the following statements is true? A. Formation of a partnership requires legal documentation. B. An individual engaged in the active conduct of a business must elect not to be taxed as a partnership. C. If two people (or business entities) work together to carry on any business or financial operation with the intention of making a profit and sharing that profit as co-owners, a partnership exists for federal income tax purposes. D. The partnership form of business creates double-taxation because individual partners are taxed, and the partnership is also taxed as a separate legal entity. Want to download the Final Exam answers..?? Click ACC 497 Final Exam BUSINESS ENVIRONMENT AND CONCEPTS Section 2: Economic Concepts Essential to Obtaining an Understanding of an Entity's Business and Industry 4. What effect would a decrease in interest rates by the Federal Reserve most likely have in the nation’s manufacturing sector, all other factors remaining constant? A. An increase in both production and employment B. A decrease in both production...

Words: 6211 - Pages: 25

Free Essay

“N” Day Breakout Model on Commodity Market: an Empirical Investigation

...“N” Day Break Out Model The N day break out model utilizes the method that the futures are longed at N day high and shorted at M day low. The rational explanation of the method is that the futures usually continue to rise after a breakout its long-term high. Also, the futures continue to fall after it breaks its short-term low. To simplify the problem, in this article, it chooses the 100 day high as the buying point and the 10 day low as the selling point. The period of study ranges from Dec 2002 to Dec 2012. Moreover, the article also studies the maximum profit one million account balance would make with this strategy with each commodity does not exceed 1% risk. 3. Data Manipulation Because the commodity future expires after one or two years, for a longer period time, the charts of different futures contracts needs to be connected. Some methods are continuous, which means that the close of the new contract should equal to the expiring contract. Others are not continuous so that there are gaps between different contracts. Moreover, to choose different rolling over periods, the final chart will be quite different, usually we choose the time point that the volume of the expiring contract is less than the new contract as the starting point of the rolling...

Words: 1623 - Pages: 7

Premium Essay

Syllabus

...Stetson School of Business and Economics The Stetson School of Business and Economics (SSBE) promotes the advancement and integration of quality business education and practice. In support of Mercer University’s mission, the School provides undergraduate and graduate programs that are designed to enable, enhance, and expand professional careers, civic responsibility and lifelong learning. ACC 601 A22 Accounting Theory Fall 2012 Session II Tuesdays: 6:00 P.M. to 10:15 P.M. Professor: Julie Petherbridge Office Phone/Voice Mail: 678-547-6010 Office: 205 BE Bldg Email: petherbrid_j@mercer.edu Fax: (678) 547-6160 Office Hours: 3 - 6 pm Tuesdays and Thursdays and by appointment COURSE DESCRIPTION This course focuses on financial accounting theory, current pronouncements, problems of income determination, and accounting research and research methodology applied to accounting issues. COURSE OBJECTIVES This course discusses broader implications of financial accounting and examines critically accounting theories. It provides theoretical base for financial accounting and reporting in business relationships characterized by information asymmetries. Besides its theoretical orientation, the course discusses institutional structure and different reporting environments of financial accounting and standard setting. It also features considerable coverage of financial accounting literature. Students completing this class should be able to: • To understand...

Words: 1161 - Pages: 5

Premium Essay

Acc 206 (Principles of Accounting Ii) Complete Class All Assignments , Dqs and Problems

...ACC 206 (Principles of Accounting II) Complete Class All Assignments ,DQs and Problems Click Following Link To get Entire Class http://homework-aid.com/ACC-206-Complete-Class-All-Assignments-DQs-and-Problems-617.htm You can get entire class as well as single Assignments and DQs ACC 206 Week 1 Assignment Chapter 1 Problems ACC 206 Week 1 Assignment Chapter 1 Problems Why are noncash transactions, such as the exchange of common stock a building, included on a statement of cash flows? How are these noncash transactions disclosed? Chapter 1 Exercise 1: 1. Classification of activities Classify each of the following transactions as arising from an operating (O), investing (I), financing (F), or noncash investing/financing (N) activity. and so on... Chapter 1 Exercise 4: 4. Overview of direct and indirect methods Evaluate the comments that follow as being True or False. If the comment is false, briefly explain why. a. Both the direct and indirect methods will produce the same cash flow from operating activities. b. Depreciation expense is added back to net income when the indirect method is used. c. One of the advantages of using the direct method rather than the indirect method is that larger cash flows from financing activities will be reported. d. The cash paid to suppliers is normally disclosed on the statement of cash flows when the indirect method of statement preparation is employed. e. The dollar change in the Merchandise...

Words: 4140 - Pages: 17

Premium Essay

Acc 206 (Principles of Accounting Ii) Complete Class All Assignments , Dqs and Problems / Homework-Aid

...ACC 206 (Principles of Accounting II) Complete Class All Assignments ,DQs and Problems Click Following Link To get Entire Class http://homework-aid.com/ACC-206-Complete-Class-All-Assignments-DQs-and-Problems-617.htm You can get entire class as well as single Assignments and DQs ACC 206 Week 1 Assignment Chapter 1 Problems ACC 206 Week 1 Assignment Chapter 1 Problems Why are noncash transactions, such as the exchange of common stock a building, included on a statement of cash flows? How are these noncash transactions disclosed? Chapter 1 Exercise 1: 1. Classification of activities Classify each of the following transactions as arising from an operating (O), investing (I), financing (F), or noncash investing/financing (N) activity. and so on... Chapter 1 Exercise 4: 4. Overview of direct and indirect methods Evaluate the comments that follow as being True or False. If the comment is false, briefly explain why. a. Both the direct and indirect methods will produce the same cash flow from operating activities. b. Depreciation expense is added back to net income when the indirect method is used. c. One of the advantages of using the direct method rather than the indirect method is that larger cash flows from financing activities will be reported. d. The cash paid to suppliers is normally disclosed on the statement of cash flows when the indirect method of statement preparation is employed. e. The dollar change in the Merchandise...

Words: 4140 - Pages: 17

Premium Essay

Acc 206 (Principles of Accounting Ii) Complete Class All Assignments , Dqs and Problems

...ACC 206 (Principles of Accounting II) Complete Class All Assignments ,DQs and Problems Click Following Link To get Entire Class http://homework-aid.com/ACC-206-Complete-Class-All-Assignments-DQs-and-Problems-617.htm You can get entire class as well as single Assignments and DQs ACC 206 Week 1 Assignment Chapter 1 Problems ACC 206 Week 1 Assignment Chapter 1 Problems Why are noncash transactions, such as the exchange of common stock a building, included on a statement of cash flows? How are these noncash transactions disclosed? Chapter 1 Exercise 1: 1. Classification of activities Classify each of the following transactions as arising from an operating (O), investing (I), financing (F), or noncash investing/financing (N) activity. and so on... Chapter 1 Exercise 4: 4. Overview of direct and indirect methods Evaluate the comments that follow as being True or False. If the comment is false, briefly explain why. a. Both the direct and indirect methods will produce the same cash flow from operating activities. b. Depreciation expense is added back to net income when the indirect method is used. c. One of the advantages of using the direct method rather than the indirect method is that larger cash flows from financing activities will be reported. d. The cash paid to suppliers is normally disclosed on the statement of cash flows when the indirect method of statement preparation is employed. e. The dollar change in the Merchandise...

Words: 4140 - Pages: 17

Premium Essay

Acc 206 (Principles of Accounting Ii) Complete Class All Assignments , Dqs and Problems

...ACC 206 (Principles of Accounting II) Complete Class All Assignments ,DQs and Problems Click Following Link To get Entire Class http://homework-aid.com/ACC-206-Complete-Class-All-Assignments-DQs-and-Problems-617.htm You can get entire class as well as single Assignments and DQs ACC 206 Week 1 Assignment Chapter 1 Problems ACC 206 Week 1 Assignment Chapter 1 Problems Why are noncash transactions, such as the exchange of common stock a building, included on a statement of cash flows? How are these noncash transactions disclosed? Chapter 1 Exercise 1: 1. Classification of activities Classify each of the following transactions as arising from an operating (O), investing (I), financing (F), or noncash investing/financing (N) activity. and so on... Chapter 1 Exercise 4: 4. Overview of direct and indirect methods Evaluate the comments that follow as being True or False. If the comment is false, briefly explain why. a. Both the direct and indirect methods will produce the same cash flow from operating activities. b. Depreciation expense is added back to net income when the indirect method is used. c. One of the advantages of using the direct method rather than the indirect method is that larger cash flows from financing activities will be reported. d. The cash paid to suppliers is normally disclosed on the statement of cash flows when the indirect method of statement preparation is employed. e. The dollar change in the Merchandise...

Words: 4140 - Pages: 17

Premium Essay

Hi There Yall

...TermPaperWarehouse.com - Free Term Papers, Essays and Research Documents The Research Paper Factory JoinSearchBrowseSaved Papers Search over 100,000 Essays Home Page » Business and Management Exercise 36 Questions to Be Graded In: Business and Management Exercise 36 Questions to Be Graded EXERCISE 36 Questions to be graded 1. The researchers found a significant difference between the two groups (control and treatment) for change in mobility of the women with osteoarthritis (OA) over 12 weeks with the results of F(1, 22) = 9.619, p = 0.005. Discuss each aspect of these results. * The F-value suggests that there is a significant difference between the results of the control and treatment groups. The P-value of 0.005 is < the alpha of 0.05. This suggest that the groups are significantly different and the null hypothesis should be rejected. 2. State the null hypothesis for the Baird and Sands (2004) study that focuses on the effect of the GI with PMR treatment on patients’ mobility level. Should the null hypothesis be rejected for the difference between the two groups in change in mobility scores over 12 weeks? Provide a rationale for your answer. * Treatment group mean = control group mean * With the p-value being < the alpha, the null hypothesis would be rejected indicating the difference in the mean mobility scores. 3. The researchers stated that the participants in the intervention group reported a reduction in mobility difficulty at week...

Words: 1016 - Pages: 5

Premium Essay

Final Project

...ACC 610 Milestone One Guidelines and Rubric This is the first of three milestone assignments that will lead to completion of your course project. In this assignment, you will complete Critical Element III: GAAP vs. IFRS. Recall that, due to the sequencing of content for the modules, the critical elements are being prepared out of order. For the complete sequence, see the Final Project Guidelines and Rubric document. This milestone addresses the following course outcome:  Differentiate between the Generally Accepted Accounting Principles and the International Financial Reporting Standards for their impact on financial statements. If you have not already done so, select the company that you will use to build your portfolio. For detailed instructions, see the ACC 610 Final Project Document located in your Blackboard course. Specifically, the following critical elements must be addressed: III. GAAP vs. IFRS A. Explain the steps that would be needed for your selected portfolio company to transition from GAAP to IFRS. For example, what would this transition entail? What would your chosen company need to do? B. Explain how a financial statement would differ under IFRS as opposed to GAAP. i. How is a financial statement under IFRS different from GAAP? How is it the same? ii. What would the statements for your chosen company look like? Guidelines for Submission: Prepare your paper using Microsoft Word. It should be 2 to 3 pages in length, not including the...

Words: 598 - Pages: 3

Premium Essay

Afw Accounting Past Years

...Department of Accounting and Finance EXAM CODE: AFG1002/AFW1002 TITLE OF PAPER: INTRODUCTION TO FINANCIAL ACCOUNTING EXAM DURATION: 180 minutes writing time READING TIME 10 minutes THIS PAPER IS FOR STUDENTS STUDYING AT: (office use only - tick where applicable) |( Berwick |( Clayton |( Malaysia |( Off-Campus Learning | ( South Africa | |( Caulfield |( Gippsland |( Peninsula |( Pharmacy | | |( Enhancement Studies |( Open Universities Australia |( Other (specify) | During an exam, you must not have in your possession, a book, notes, paper, calculator, pencil case, mobile phone, or other material/item which has not been authorised for the exam or specifically permitted as noted below. Any material or item on your desk, chair or person will be deemed to be in your possession. You are reminded that possession of unauthorised materials in an exam is a discipline offence under Monash Statute 4.1. 1. This examination paper consists of eight (8) questions printed on eight (8) pages. PLEASE CHECK THE PAPER BEFORE COMMENCING. THIS IS A FINAL PAPER. 2. THIS EXAMINATION PAPER MUST BE INSERTED INTO THE ANSWER BOOK AT THE COMPLETION OF THE PAPER. NO EXAMINATION PAPER SHOULD BE REMOVED FROM THE EXAMINATION ROOM. AUTHORISED MATERIALS CALCULATORS...

Words: 2027 - Pages: 9

Premium Essay

Acc 561 Financial Statements Differential

...Financial Statement Differentiation Paper Jasmine Unger ACC/561 April 8, 2013 Professor Timothy Jared Financial Statement Differentiation Paper Financial statements provide documentation of a company’s financial history for a set timeframe. One of the financial statement used by investors, creditors, and mangers is the balance sheet. The second statement used by accountant’s income statement, which is also important to shareholders. The third statement is the retained earnings statement, and the fourth financial statement is the statement of cash flows. Each financial statement has a different purpose and shows different aspects of the company’s finances. However, these financial statements are integrated and work together to provide shareholders financial information. This paper will defines the four financial statements while explaining the financial statement most suitable for either an investor, creditor, or management. The Four Financial Statements The first financial statement is the balance sheet. The balance sheet provides a portrait of the company’s assets and liabilities. The balance sheet is the statement of financial position at a given point (Quick MBA, 2010). The second financial statement, the income statement, reports the revenues, and expenses during the same timeframe as the balance sheet. Revenue is the monies the company is gaining after expenses. The third statement is called the retained earnings statement, which explains changed in retained earnings...

Words: 910 - Pages: 4

Premium Essay

Master Syllabus - Devr 0320 Hybrid– Spring 2012

... Wednesday: 12:00 noon – 2:20 p.m. Appointments: Appointments may be scheduled to accommodate students who are unable to meet with the instructor during posted office hours. Required Text Textcerpts, 2nd edition, compiled by Gene Wintner This text will be supplemented with required online learning activities and handouts the instructor distributes in class. Course Description: DEVR 0320 College Reading Strategies Emphasis on increased proficiency of comprehension skills, vocabulary development, and rate of reading. Ninth grade reading level required. Prerequisites: Grade of C or better in DEVR 0310 or one of the following scores: Compass Reading Test of 68-80; CPT Reading Test 58-77; or Asset Reading Test of 37-40 (ACC Catalogue). Course Type: D Course Delivery and Instructional Methodology This section of DEVR 0320 is a hybrid class. The course will be delivered via the combination...

Words: 4292 - Pages: 18

Premium Essay

Accounting

...ACC 498 Financial Analysis Project Guidelines and Rubric To complete the Financial Analysis Project, you will use the text Analyzing and Understanding Annual Reports. You are permitted (and it is suggested) to work in teams for this project if you choose to do so. Teams of 3-5 members are recommended. If you choose to work in teams, designate one member of your team to email the instructor all the names of the members of your team along with the name of the company you are selecting. Email your instructor no later than Thursday 11:59 PM EST/EDT of Module 1. The Financial Analysis Project is broken up so that you complete a part of it in each module: Module 1: Module 2: Module 3: Module 4: Module 5: Module 6: Module 7: Module 8: Part 1 (pp. 1-6 and 36-64) Part 2 (pp. 7-14) Part 3 (pp. 15-18) Part 4 (pp. 19-20) Part 5 (pp. 21-23) Part 6 (pp. 24-29) Part 7 (pp. 30-35) Final Financial Analysis Project This is the compiled financial analysis project. The final report should be no more than 10 pages in length (including cover and reference page(s), use 1” margins, and be typed in either Times New Roman or Arial 12-point font. Include tables and graphs as appropriate. Click Financial Statement Worksheet to download an Excel workbook that will assist you with your Financial Analysis Project. Note: If you are working in a team, every member of the team must submit to the Dropbox to get a grade. Submit each Financial Analysis Project Part to its Dropbox...

Words: 870 - Pages: 4

Free Essay

Syllabus

...COURSE SYLLABUS [Spring, 2013] Course: ACC 2302-201 Introduction to Managerial Accounting The course meets in Pellegrino Hall, Room 114, from 10:30 to 11:20 A.M. each Monday, Wednesday, and Friday . The first class meeting is on January 23, 2012. Credit hours: 3. Instructor: Jui-Chin Chang, Ph.D., CMA, CFM, Assistant Professor Office Hours: WHTC- 218B (956) 326-2501 Monday 11:30AM-12: 30 PM& 1:30 – 3:00 PM Wednesday 11:30AM-12: 30 PM &1:30 – 3:00 PM Friday 11:30AM-12: 30 PM E-mail: E-Learning (Angel): www.tamiu.edu/elearning/?id=2 Required Text: Introduction to Managerial Accounting (6th Ed) with Connect (Loose Leaf), P. Brewer, R. Garrison, & E. Noreen, McGraw-Hill/ ISBN: 9780078005305. Recommended: Wall Street Journal and BusinessWeek Prerequisite: ACC2301 with a grade “C” or better Course Description: This course will demonstrate the flexibility of the use of managerial accounting information to supply managers and other internal stakeholders for business decision-making. Upon completion of this course, students should possess a basic working knowledge and understanding of the accounting information systems used to provide information to internal stakeholders. The course gives students opportunities to prepare and analyze business transactions, prepare budgets, journal entries and financial statements. Course Goals: This course provides...

Words: 3087 - Pages: 13

Premium Essay

Assessment of Competition in Cement Industry in Ind

...of the Competition Commission of India for academic purposes only. The views expressed in the report are personal to the intern and do not reflect the view of the Commission or any of its staff or personnel and do not bind the Commission in any manner. This report is the intellectual property of the Competition Commission of India and the same or any part thereof may not be used in any manner whatsoever, without express permission of the Competition Commission of India in writing. iii TABLE OF CONTENTS 1. INTRODUCTION ............................................................................................................................. 1 1.1 1.2 SCOPE AND OBJECTIVE OF THE RESEARCH PAPER ..................................................... 1 MOTIVATION FOR THE RESEARCH PAPER ..................................................................... 2 1.2.1 HISTORY OF COMPETITION ISSUES IN CEMENT INDUSTRIES IN THE WORLD..... 2 1.2.2 NEWSPAPERS DOTTED WITH...

Words: 19133 - Pages: 77