The lists in the below table is for the sport students in UAE AY 2012.GroupsSky DivingFootballBasket ballTotalDay1555422231Weekend1782134233Total3337556486If a student is chosen at random, findThe probability of getting a weekend or Day student.The probability of getting student who is a basketball and Sky Diving.The probability of getting student who is football or Day student.
Companies often are under pressure to me or beat wall street earnings projections in order to increase stock prices and also to increase the value of stock options. Some resort to earnings management practices to artificially create desired results Required: is earning management always intended to produce higher income? Explain.
Final Project Your individual Final Project for Advertising and Public Relations is intended to showcase the analytical and creative public relations skills you’ve learned in MAR342. This project can be an exhibit in your senior portfolio presented to prospective employers upon graduation. Requirements: Five-page public relations plan outline Three (3) creative communication pieces that reflect […]
Which of the following does NOT involve a financial intermediary?Question 3 options:saving for retirementbuying a treasury bond from the governmentbuying stock onlineThey all involve an intermediary.SaveQuestion 4 (1 point)Banks are said to ration credit when they refuse to lend above a certain interest rate. The purpose of such a policy is to minimize _____ of […]
The Blue Diamond Company advertises that their nut mix contains (by weight) 40% cashews, 15% Brazil nuts, 20% almonds and only 25% peanuts. The truth-in-advertising investigators took a random sample (of size 20 lbs) of the nut mix and found the distribution to be as follows: 6 lbs of Cashews, 6 lbs of Brazil nuts, […]
Journal Entries for Merchandise Transactions on Seller’s and Buyer’s Books-Perpetual System The following are selected transactions for Candello, Inc., during the month of June:June18Sold and shipped on account to Dante Company, $5,000 ($4,000 at cost) of merchandise, with terms of 2/10, n/30.25Dante Company returned merchandise billed at $500 on June 21 ($400 cost.)27Received from Dante […]
What is the main argument for having central banks independent of the government’s political leaders? What is the main argument for having central banks under the direct jurisdiction of elected officials? In your estimation, which system is better and why?
Homework Assignments: Chapter 1224. North Inc. is a calendar-year, accrual-basis taxpayer. At the end of the year 1, North accruedand deducted the following bonuses for certain employees for financial accounting purposes.$7,500 for Lisa Tanaka, a 30 percent shareholder.$10,000 for Jared Zabaski, a 35 percent shareholder.$12,500 for Helen Talanian, a 20 percent shareholder.$5,000 for Steve Nielson, […]
Exercise 2-4Identify the appropriate qualitative characteristic(s) to be used for given the information providedbelow.(a)(b)(c)(d)(e)(f)Qualitativecharacteristic beingemployedwhencompaniesin thesameindustryare usingthe sameaccountingprinciples.Quality ofinformation thatconfirmsusersâearlierexpectations.Imperativeforprovidingcomparisons of acompanyfromperiod toperiod.Ignorestheeconomicconsequences of astandardor rule.Requires ahighdegree ofconsensusamongindividualson a givenmeasurement.Predictivevalue is aningredientof thisfundamental qualityofinformation.(g)(h)(i)(j)(k)Arisesfromperipheral orFourqualitativecharacteristics thatarerelated tobothrelevanceandfaithfulrepresentation.An item isnotrecordedbecauseits effecton incomewould notchange adecision.Neutralityis aningredientof thisfundamental qualityofaccountinginformation.Twofundamentalqualitiesthat makeaccountinginformation usefulfordecisionmakingpurposes.Issuanceof interimreports isanexampleof whatenhancingquality ofrelevance?incidentaltransactions.(b)Obligation to transfer resourcesarising […]
In 2007, Potrus, an accrual basis corporate taxpayer, received a $40,000 advance for a series of eight lectures by various employees for the Art Institute. After delivering five lectures, the series was cancelled for poor attendance. Potrus refused to return any of the advance payment, so the Art Institute sued. In 2008, Potrus was ordered […]