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ACCT-105 Final Exam Questions And Answers Latest Update $15.99   Add to cart

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ACCT-105 Final Exam Questions And Answers Latest Update

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ACCT-105 Final Exam Questions And Answers Latest Update

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  • October 23, 2024
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  • 2024/2025
  • Exam (elaborations)
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ACCT-105 Final Exam Questions And Answers
Latest Update

What is the formula for EPS?

net income - preferred dividends/shares of CS issued - treasury stock shares

What is the formula for straight-line depreciation expense?

initial cost - salvage value / useful life

What is the formula for book value?

initial cost - accumulated depreciation

What is the formula to determine gain or loss?

cash received - book value

How do you now if it is a gain?

the cash received is greater than the initial cost

What is the formula for original cost?

cost + tax + install + test runs

What is the formula for ARTO?

net credit sales / average AR

What is the formula for average AR?

beginning AR + ending AR / 2

What is the formula for average collection period?

365 / ITO

What is the formula for working capital?

current assets - current liabilities

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