ACCT-504 Midterm Exam Answers

ACCT-504 Midterm Exam Answers in $32 onlyACCT-504 Midterm Exam Answers

(TCO C) Issuing shares of stock in exchange for cash is an example of a(n):

(TCO C) Which activities involve putting the resources of the business into action to generate a profit?

(TCO A) The cost of assets consumed or services used is also known as:

(TCO C) Edwards Company recorded the following cash transactions for the year:

Paid $45,000 for salaries.
Paid $20,000 to purchase office equipment.
Paid $5,000 for utilities.
Paid $2,000 in dividends.
Collected $75,000 from customers.

Accounting Questions & Answers

Accounting Questions & Answers in $48 only

1.In the Wall Bricks, Inc.’s balance sheet lists net fixed asset as $18 million. The fixed assets could currently be sold for $14 million. Wall Bricks’ current balance sheet shows current liabilities of $7 million and current assets of $10 million. If all the current accounts were liquidated today, the company would receive $2 million cash after paying the $7 million in liabilities. What is the book value of Wall Bricks’ assets today? What is the market value of these assets?

2.Last year a firm had an ROA of 8% and a dividend payout ratio of 40%. What is the internal growth rate?
3.Last year a firm had an ROE of 6% and a dividend payout ratio of 80%. What is the sustainable growth rate?
4.What is the future value in 3 years of $1,000 deposited today, earning a 4% interest rate annually?
5.Approximately, how many years does it take to double a $2000 investment when interest rates are 6% per year?

SEC 435 Final Exam 100% Correct Answers

SEC 435 Final Exam 100% Correct Answers in $29 only (Instant Download)

Question 1
____ occurs when an attacker intercepts packets with encrypted data and changes the destination address to forward the packets to a different destination on the Internet.

Sample Answer: 

Manipulation occurs when an attacker intercepts packets with encrypted data and changes the destination address to forward the packets to a different destination on the Internet.

Question 2
____ is a wireless hacking tool for auditing wireless networks.

Question 3
____ is a free stumbler application for Mac OS X that puts the computer’s wireless card into monitor mode.

• Question 4
A(n) ____ is a piece of wireless communication hardware that creates a central point of wireless connectivity.

• Question 5
____ allows for the interconnecting of any type of fixed network technology and provides separate Quality of Service (QoS) for separate connections.

• Question 6
In ____, an attacker sends a message that looks genuine, but in reality, the message is broken or fuzzed.

• Question 7
TFTP servers usually use UDP port ____.

STR 581 Final Exam Answers – All Capstone Sets

STR 581 Final Exam Answers – All Capstone Sets

In this answer you will get the complete final exam answer which means all capstone sets. All answer are correct answer and best with zero plagiarism.

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Question of Quisco Systems

Wikimedia's 2006 expenses.

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Quisco Systems has 6.5 billion shares outstanding and a share price of $18. Quisco is considering developing a new networking product in house at a cost of $500 million. Alternatively, Quisco can acquire a firm that already has the technology for $900 million worth (at the current price) of Quisco stock. Suppose that absent the expense of the new technology, Quisco will have EPS of $0.80.

a. Suppose Quisco develops the product in house. What impact would the development cost have on Quisco’s EPS? Assume all costs are incurred this year and are treated as an R&D expense, Quisco’s tax rate is 35%, and the number of shares outstanding is unchanged.

b. Suppose Quisco does not develop the product in house but instead acquires the technology. What effect would the acquisition have on Quisco’s EPS this year? (Note that acquisition expenses do not appear directly on the income statement. Assume the firm was acquired at the start of the year and has no revenues or expenses of its own, so that the only effect on EPS is due to the change in the number of shares outstanding.)

c. Which method of acquiring the technology has a smaller impact on earnings? Is this method cheaper? Explain.

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Financial Statement Comparison of PepsiCo and Coca-Cola

Financial Statement Comparison of PepsiCo and Coca-Cola in $21 Only (Instant Download)

Free Sample Answer Given Below

PepsiCo’s financial statements are presented in Appendix A. Financial statements of The Coca-Cola Company are presented in Appendix B.
This is from the appendixes in the 7th edition of financial accounting byWeygandt, kimmel, and kieso.

Instructions:

(a) Based on the information contained in these financial statements, determine each of the following for each company. Please show all numerical equations including numerator and denominator, not just a final number. Present your work in a comparative format using a table as illustrated:
1) Gross profit for 2008 PepsiCo Coca-Cola and Gross profit rate for 2008.

2) Percent change in operating income from 2007 to 2008.

3) Accounts receivable turnover for 2008.

4) Days sales in receivable for 2008.

5) Inventory turnover for 2008.

6) Days inventory on hand for 2008.

7) Increase (decrease) in cash and cash equivalents from 2007 to 2008.

8 ) Asset turnover ratio for 2008.

Objective Type Costing Questions

Objective Type Costing Questions 

1. Which one of the following does not appear on the  balance sheet of a manufacturing company?

  • Raw materials inventory
  • Finished goods inventory
  • Work in process inventory
  • Cost of goods manufacture

2. Cost of goods manufactured is calculated as follows:

  • Beginning WIP + direct materials used + direct labor + manufacturing overhead + ending WIP.
  • Direct materials used + direct labor + manufacturing overhead – beginning WIP + ending WIP.
  • Beginning WIP + direct materials used + direct labor + manufacturing overhead – ending WIP.
  • Direct materials used + direct labor + manufacturing overhead – ending WIP – beginning WIP.

3. Which one of the following is an example of a period cost?

  • A change in benefits for the union workers who work in the New York plant of a Fortune 1000 manufacturer
  • Workers’ compensation insurance on factory workers’ wages allocated to the factory
  • A box cost associated with computers
  • A manager’s salary for work that is done in the corporate head office

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