Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Accounting Basics Expert

Practice Pre-exam on Background Concepts - Solutions
Dr. Stanley D. Longhofer
Multiple-Choice / True-False Questions - 2 points each
______ 1. Solve the following expression for ??: ??=(3??-4)/5.
A. ??=(5??-4)/3
B. ??=(3??-4)/5
C. ??=(4??+3)/5
D. ??=(????+??)/??
E. ??=(??+5)/3-4

______ 2. What is the relationship between x and y in this function?
A. THEY MOVE IN THE SAME DIRECTION.
B. They move in opposite directions from one another.
C. There is no connection between x and y in this function.
D. There is not enough information to answer this question.

______ 3. Solve the following expression for y: ????=??2-????.
A. ??=(??2-????)/??
B. ??=??2/(??-??)
C. ??=????/(??+??)
D. ??=(??+??)??
E. ??=(??-??)??

______ 4. The grading scale for a particular class incorporates the following weights:
? Midterm exam = 30% of your final grade
? Final exam = 40% of your final grade
? Homework assignments = 15% of your final grade
? Project = 15% of your final grade
If you score 85 on the midterm exam, 75 on the final exam, 100 on the homework assignments and 95 on the project, what will be your overall score in this class?
A. 88.75
B. 84.75
C. 90.00
D. 95.25
E. None of the above; the correct answer is __________.
Score = 85 × 0.30 + 75 × 0.40 + 100 × 0.15 + 95 × 0.15 = 84.75
Practice Pre-Exam on Background Concepts - Solutions

______ 5. Which of the following graphs depicts the function ??=(??-5)2?
Graph C. Notice that the ??=0 when ??=5 and posit

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91598746
  • Price:- $15

Priced at Now at $15, Verified Solution

Have any Question?


Related Questions in Accounting Basics

Question - community health center chc is considering

Question - Community Health Center (CHC) is considering spending fifty thousand dollars on a blood analyzer. The annual cash profits from the machine will be seven thousand dollars for each of the seven years of its usef ...

Question - bowcutt company sold 400000 of 7 percent bonds

Question - Bowcutt Company sold $400,000 of 7 percent bonds on January 1, 2018, when the effective rate of interest was 6%. The bonds will mature in five years, and pay interest on June 30 and December 31. Using the effe ...

Question - jacks jax has total fixed cost of 25000 if the

Question - Jack's Jax has total fixed cost of $25,000. If the company's contribution margin is 60%, the income tax rate is 25% and the selling price of a box of Jax is $20, how many boxes of Jax would the company need to ...

Question - hardcastle ltd had sales of 3 000 000 and net

Question - Hardcastle Ltd. had sales of $3 000 000 and net operating income of $900 000. Operating assets during the year averaged $1 500 000. The manager of Hardcastle is considering the purchase of a new machine which ...

Question - restricted stockon december 31 2014 ying

Question - Restricted Stock On December 31, 2014, Ying Corporation granted 5,000 shares of its $1 par value common stock to certain of its key employees. The shares are restricted until 2 years of employment is completed ...

Question - who pays the first level of tax on a c

Question - Who pays the first level of tax on a C corporation's income? What is the tax rate applicable to the first level of tax? Did recent tax law changes increase or decrease the corporate tax rate? under new taxatio ...

Questions -1 star coach llc is in the business of

Questions - 1. Star Coach, L.L.C., is in the business of converting sport utility vehicles and pickup trucks into custom vehicles. Star Coach performs the labor involved in in- stalling parts supplied by other companies ...

Question - bubbles cos reported 2018 beginning inventory of

Question - Bubbles Co's reported 2018 beginning inventory of $1,800,000, purchases of $9,000,000, and sales of $11,400,000. A physical inventory count at 12/31/2018 reported ending inventory of $2,100,000. Bubbles' gross ...

Question - from the information below bank reconciliation

Question - From the information below, bank reconciliation for the month of January 2015. (a) January 31, 2015 cash balance per book for the company is $35,342.02 (b) Bank statement balance at January 31, 2015 is $33,017 ...

Question - c d rom has just given an insurance company

Question - C. D. Rom has just given an insurance company $35,500. In return, he will receive an annuity of $4,400 for 20 years. At what rate of return must the insurance company invest this $35,500 in order to make the a ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As