Fi504 Midterm

Grading Summary These be the automatically computed results of your exam. markings for essay questions, and comments from your instructor, are in the Details section below. Date Taken: 11/17/2011 Time Spent:2 h , 30 min , 00 secs Points authorized:143 / 150 (95.3%) marvel Type:# Of Questions:# counterbalance: five-fold Choice3028 Essay2N/A Grade Details Page: 1 2 3 1.Question :(TCO A, B, C) external users command answers to all of the undermentioned questions take away scholar Answer: Is the caller earning satisfactory income? Will the high society be able to stomach its debts as they come referable? Did the social club use a budget to plan its expenses? How does the company compare in profitability with competitors? Instructor history:chapter 1 page 7 Points Received:3 of 3 Comments: 2.Question :(TCO C) Debt securities change to investors that must be repaid at a particular realize some years in the future are called pupil Answer: accounts payable. notes receivable. taxes payable. bonds payable. Instructor Explanation:chapter 1 page 10 Points Received:3 of 3 Comments: 3.Question :(TCO C) The statement of cash flows would divulge the payment of a dividend Student Answer: nowhere on the statement. in the operating activities section. in the investing activities section. in the finance activities section. Instructor Explanation:chapter 1 page 15 Points Received:3 of 3 Comments: 4.Question :(TCO A) The live of assets consumed or services use is also known as Student Answer: a revenue. an expense. a liability. an asset. Instructor Explanation:chapter 1 page 11 Points Received:3 of 3 Comments: 5.Question :(TCO C) Finley society recorded the following cash transactions for the year: pay $90,000 for salaries. Paid $40,000 to...If you want to get a full essa y, gear up it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay