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  1. Question: Present value

    by zhao2vic
    Answers
    2
    Views
    805

    Haha, thks! I need someone like you to confirm.

    Haha, thks! I need someone like you to confirm.
  2. Answers
    3
    Views
    591

    Hi, CaptainForest! Thx for your reply. I...

    Hi, CaptainForest!
    Thx for your reply. I understand all except for your ans for option C & D.
    Well, I converted all the options to the present value (PV), according to the time value of money...
  3. Answers
    3
    Views
    591

    Long-term financing

    Which of the following would be most attractive to an investor, all other things being equal?
    A) A cash flow of $60,000 today
    B) A cash flow of $60,000 in 6 years
    c)a cash flow of $10,000 each...
  4. Question: Present value

    by zhao2vic
    Answers
    2
    Views
    805

    Present value

    I have a question which is as follows:
    You are offered the following options:
    1) $11,000 today
    2) $ 5,000 per year for the next five years
    3) $ 4,000 per year for the next four years
    4) $ 3,000...
  5. Answers
    0
    Views
    247

    Lowest detection limit

    Let's say the signal of the blank is 0.001 +-(plus minus) 0.0005. The signal of the sample of concentration 500 ppb is 0.002 +- 0.0005. The signal to noise ratio of the instrument is 3,(3S/N).What is...
  6. Question: Useful Life

    by zhao2vic
    Answers
    6
    Views
    1,022

    Yea. I'm backing u! Thx!

    Yea. I'm backing u! Thx!
  7. Question: Useful Life

    by zhao2vic
    Answers
    6
    Views
    1,022

    Thx. But my text book stated that the useful life...

    Thx. But my text book stated that the useful life is an estimation of a fixed asset that can be used to provide benefits for a particular period based on years or based on activities on how it's...
  8. Answers
    1
    Views
    775

    Bank Reconciliation

    Is the' balance as per book' in the bank statement section the same as adjusted bank balance? They should be the same, right? The only difference is that maybe the balance in the bank statement is...
  9. Question: Useful Life

    by zhao2vic
    Answers
    6
    Views
    1,022

    Thx. But my text book stated that the useful life...

    Thx. But my text book stated that the useful life is an estimation of a fixed asset that can be used to provide benefits for a particular period based on years or based on activities on how it's...
  10. Question: Useful Life

    by zhao2vic
    Answers
    6
    Views
    1,022

    Useful Life

    Which depreciation method does not take into consideration of the useful life?
    A) Straight-line
    B) Double-declining
    C) Units of production
    D) Sum of years digit
    E) No answer
    I think the ans...
  11. Answers
    3
    Views
    7,390

    Thx Sean!

    Thx Sean!
  12. Answers
    3
    Views
    7,390

    Bank Error in bank reconciliation

    If the bank make a mistake of recording a deposit of 87 dollars as 78 dollars, this error will be shown in the bank reconciliation as :
    Ans: deduction of 9 dollars to the bank balance

    I think...
  13. Question: Credit entry

    by zhao2vic
    Answers
    5
    Views
    706

    Thx, morgaine300! Hv a nice day!:)

    Thx, morgaine300! Hv a nice day!:)
  14. Question: Credit entry

    by zhao2vic
    Answers
    5
    Views
    706

    Thx for your feedback, morgaine300 and xphelper!...

    Thx for your feedback, morgaine300 and xphelper!
    My tutorial question is:
    A credit entry would cause a decrease in
    A) Sales
    B) Purchase discounts
    C) Purchase returns and allowances
    D)...
  15. Question: Credit entry

    by zhao2vic
    Answers
    5
    Views
    706

    Credit entry

    A credit entry would cause a decrease in Freight-in and Freight- out, isn't it? Since both of them have normal debit balance. My tutorial question only stated freight-in. Can someone explain? Thx!:)
  16. Question: Accrual basis

    by zhao2vic
    Answers
    2
    Views
    1,760

    Accrual basis

    Which of the following circumstances would result in a decrease in income under the accrual basis but would not result in a decrease in income under the cash basis?
    a) Purchase of inventory on...
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