Baruch college - Study guides, Class notes & Summaries

ACCT 3100 Fin Acc - Baruch College, CUNY. MT2 Practice from Test Bank MT2 practice from test bank  32.The following information pertains to Havana Corporation's defined benefit pension plan: At the end of 2013, Havana contributed $696 thousand to the pension fund and made benefit payments of $624 thousand to retirees. The expected rate of return on plan assets was 10%, and the actuary's discount rate (settlement rate) is 8%. There were no changes in actuarial estimates and assumptions regar...

Anthropology Final Exam Review Sheet Ethnocentrism: The belief that one’s own culture or way of life is normal and natural; using one’s own culture to evaluate and judge the practices and ideals of others Ethnographic fieldwork: A primary research strategy in cultural anthropology involving living with a community of people over an extended period to better understand their lives Participant observation: A key anthropological research strategy involving both participation in and observ...

Salisbury Corporation has been producing and selling 30,000 caps a year. The company has the capacity to produce 50,000 caps with its present facilities. The following information is also available: Selling price per unit: $35 Variable costs per unit: Manufacturing $14 Selling and Administrative $6 Fixed costs in total: Manufacturing $128,000 Selling and Administrative $56,000 Gilbert Company has contacted Salisbury about purchasing 10,000 units at $24 each. A new customer who wants 20...

Sample Final Exam ACC 32001. The following data refers to the Daniels division of Tippett Inc. Daniels sells variable-speed drills. The standard drill sells for $ 40, and Daniels plans sales of 30,0 00 units in 2005. Tippett treats Daniels as an investment center with total attributable investment of $ 800,000. Daniels' annual fixed costs are $ 200,000. Variable cost per standard drill is $ 24. The firm's required rate of return on investment is 15%. The manager is evaluated based on Residual ...

ACC 3100 Final Exam – Version A A Stan Ross Department of Accountancy, Baruch College ACCOUNTING 3100, Final Exam, Spring 2017 Name: Last 4 Digits of SSN: Exam Number: Provide your numerical ans wers in the spaces provided on this exam. Show all your workings (partial credit is awarded for correct but incomplete answers). For correct answers, you must show all your supporting calculations/explanations. All supporting calculations and schedules must be legible and in good form. Be neat with you...

ACC 3100 - Baruch College- ACC 3100 Practice Questions with Solutions. Practice Questions (Quiz 1) 1. Today is January 1, 2017. Longview Manufacturing Company is in need of some additional capital to expand their operations and has decided to issue bonds with a face value of $ 100,000,000. The bonds have a coupon rate of 7%, and will pay interest annually on December 31. The maturity date of the bonds is December 31, 2046 (i.e. these are “thirty” year bonds). Longview initially contemplated ...

ACC 3100 – Financial Accounting II Midterm 1 - Review. Baruch College. Topics covered: Long-Term Debt, Stockholders Equity, Share-Based Compensation, Earnings Per Share, Time Value of Money and Leases. Questions and Solutions

Suppose that the demand for candy is less elastic than the supply of candy. If a tax is imposed on sellers of candy, which of the following is true? A. Sellers will bear all of the tax burden. B. Sellers will bear a larger share of the tax burden since the tax is imposed on them. C. Sellers will bear a smaller share of the tax burden because supply is more elastic than demand. D. Sellers will bear none of the tax burden. correct answersC Which of the following is a government subsidy? ...

3F Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company’s inventory balances were as follows: Raw materials $40,000 Work in process $   18,000 Finished goods $35,000 The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the company’s predetermined overhead rate of $16.25 per direct labor-hour was based on a cost formula that estimated $650,000 of total manufacturing overhead for an estimated a...