1 / 6

$1,960 $2,040 $2,160 $2,200 None of the Above

fagan
Download Presentation

$1,960 $2,040 $2,160 $2,200 None of the Above

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Channel Setting Instructions for ResponseCard RF1. Press and release the "GO" button.2. While the light is flashing red and green, enter the 2 digit channel code (i.e. channel 1 = 01, channel 21 = 21). Channel is 403. After the second digit is entered, Press and release the "GO" button.4. Press and release the "1/A" button. The light should flash yellow to confirm.

  2. FYE: 12/31/06– Equity = $2,000FY 12/31/07– Sales = $1,000, Net Income = $200, Dividends = $40FYE: 12/31/07– Equity = _______ • $1,960 • $2,040 • $2,160 • $2,200 • None of the Above

  3. Which are Equivalent? • Sales, Profit • Profit, Revenue • Net Income, Net Sales • Profit, Revenue • None of the Above

  4. Total Assets = $2,000, TL = $800Transaction: Issue $300 of Stock (i.e., equity)Total Assets = __________, Equity = _______ • $1,700, $1,100 • $1,700, $1,500 • $2,300, $1,100 • $2,300, $1,500 • None of the Above • Not enough information

  5. Cash = $100, AP = $200, Inventory = $400, AR = $100, PP&E = $600, ST Debt = $250, TL = $400Total Current Assets = __________Be Careful! • $600 • $700 • $1,200 • $1,300 • None of the Above

  6. Sales = $1,000, COGS = $500, Operating Expenses = $100, Income Taxes = $50, Dividend Payment = $60Operating Profit = _________Operating Income = _______SG&A or Selling, General, and Administrative = __________ • $350, $400, $290 • $400, $350, $290 • $400, $400, $100 • $350, 400, $100 • Not enough information

More Related