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1. Specific identification method. Boston Galleries uses the specific identification method for inventory valuation. Inventory information for several oil paintings follows. Painting Cost 1/2 Beginning inventory Woods $11,000 4/19 Purchase Sunset 21,800 6/7 Purchase Earth 31,200 12/16 Purchase Moon 4,000 Woods and Moon were sold during the year for a total of $35,000. Determine the […]

1. There are three (and only three) paths through a network (project), each with a probability of completion in less than 24 months as indicated:a. S-a-b-F P1(

1. Suppose a corporation’s bonds have 8 years remaining to maturity. In addition, suppose the bonds have a $1000 face value, and the coupon interest rate is 7%. The bonds have a yield to maturity of 10%. Compute the market price of the bonds if interest is paid annually.2. Assume that you are considering the […]

1.Which of the following would probably not cause inventory shrinkage? 2.Goods available for sale are $350,000; beginning inventory is $24,000; ending inventory is $32,000; andcost of goods sold is $275,000. The inventory turnover is 3.Which items may not limit the effectiveness of internal control systems in an organization? 4.The balance sheet format that lists assets […]

28.Which is the true statement?a.In a CVP income Statement, costs and expenses are classified only by functionb.The CVP income statement is prepared for both internal and external usec.The CVp income statement shows contribution margin instead of gross profitd.In a traditional income statement,costs and expenses are classified as either variable or fixed 29.Variable costs are 60% […]

Principles of Accounting 11) When calculating the employee’s payroll the clerk forgot about the wage base limits.  What impact could this error cause on the employee’s check? a. SUTA could be overstated b. FICA-OASDI could be overstatedc. FUTA could be overstatedd. All of the above 2) The term used when the seller is responsible for the cost of freight is: a. Purchases.b. F.O.B. […]

Intel Case The 2007 Intel Annual Report can be found at the following website : www.prenhall.com/ fraser. a. Using the Intel Annual Report , calculate key financial Ratios for all three years presented.b. Using the library, find industry averages to compare to the calculations in (a)c. Write a report to the management of Intel . […]

help for tomorrow. MUS 107 –Midterm Review Sheet Fall 2013 This exam will cover Chapter’s 5-8. This review sheet is not exhaustive. Be sure to review reading assignments, lecture notes and chapter powerpoints on moodle. · For each era, know the important cultural/political issues that are occurring at the time (for example, The Great Migration […]

Assignment 1: U.S. Health Care SystemDue Week 3 and worth 100 pointsWrite a three to four (3-4) page paper that addresses the following tasks below. Identify and evaluate at least three (3) forces that have affected the development of the health care system in the U.S. Speculate whether or not these forces will continue to […]

Review the Partnership for Lebanon and Cisco Systems case study in the Resources folder.    The project manager for the Partnership for Lebanon (PFL) and Cisco Systems’ regional director of corporate  affairs for the Middle East and Africa met three years after PFL was first initiated. Their meeting revolved  primarily around the challenge of sustainability […]