Lecture 3 Quiz
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Lecture 3 Quiz Due Sep 15, 2023 at 11:59pm Points 100 Questions 5 Available Sep 14, 2023 at 2:15pm - Sep 15, 2023 at 11:59pm Time Limit None This quiz was locked Sep 15, 2023 at 11:59pm. Attempt History Attempt Time Score LATEST Attempt 1 19 minutes 100 out of 100 Score for this quiz: 100 out of 100 Submitted Sep 15, 2023 at 11:38pm This attempt took 19 minutes. Question 1 20 / 20 pts What is the purpose of Chain of Custody? To ensure that only one person can handle the evidence for a specific case. To document any errors that occur while processing the evidence. To document the attorney responsible for contracting the named forensic examiner to a specific case. To document who has been in control of the evidence item from the time it was initially seized until it is presented in the trial as evidence,
Question 2 20 / 20 pts Which of the following information items is not required on a Chain Of Custody Fprm? Names and Signatures of the person that releases the evidence and the person that receives the evidence. Dates and Times in which the custody of the evidence passes from one person to another person. Make, Model, and Serial Number A listing of data evidence items contained within the evidence. Question 3 20 / 20 pts Why do Computer Forensic Examiner not use open source forensic application software as their primary tools for forensic data acquisition and data analysis? The source code can be modified to customize the application to benefit an individual forensic examiner. Since they are not expensive, they make the examiner look unprofessional. Open source tools are not supported by a vendor.
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Topic 4 Homework
Close Date: Wed, Sep 29, 2021, 11:59 PM
Question 9 of 15
If the margin on an item is 22.00%, calculate the rate of markup of the item.
Round to two decimal places if necessary
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Buddy Company uses the allowance method to account for uncollectible receivables. At the beginning of the year,
Allowance for Bad Debts had a credit balance of $800. During the year Buddy wrote off uncollectible receivables of
$2,100. Buddy recorded Bad Debts Expense of $2,800. Buddy's year-end balance in Allowance for Bad Debts is
$1,500. Buddy's ending balance of Accounts Receivable is $20,300. Compute the net realizable value of Accounts
Receivable at year-end.
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The future value of $200 received
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compounded semi-annually for
three years is
Select one:
a. $352
b. $158
C. $253
d. $380
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What are the future value and the interest earned if $4000 is invested for 3 years at 8% compounded quarterly? (Round your answers to the nearest cent.)
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What is the Payback Period for the following investment?
Year
1
2
3
4
5
O a. 3.77
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Oc. 3.89
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$ (1,600,000)
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You deposit $850 in an account paying an annual simple interest rate of 7.8%. Find the future value of the investment (in dollars) after 1 year.
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Calculate the simple interest due (in dollars) on a 40-day loan of $1,600 if the annual interest rate is 9%. (Use 360 days in 1 year.)
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Salma wants to save money to open a tutoring center. She buys an annuity with a monthly payment of $27 that pays 3.7% interest, compounded
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You must evaluate the purchase of a proposed spectrometer for the R&D department. The purchase price of the spectrometer including modifications is
$140,000, and the equipment will be fully depreciated at the time of purchase. The equipment would be sold after 3 years for $32,000. The equipment would
require an $8,000 increase in net operating working capital (spare parts inventory). The project would have no effect on revenues, but it should save the firm
$43,000 per year in before-tax labor costs. The firm's marginal federal-plus-state tax rate is 25%.
a. What is the initial investment outlay for the spectrometer after bonus depreciation is considered, that is, what is the Year 0 project cash flow? Enter your
answer as a positive value.…
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Question 2
«Question 2 of 10
Goremann Corp (GC) has a total market value of $524 million. The market value of equity is $300 million and the company carries debt valued at $224 million. The before-tax cost of debt is 9
percent and the cost of equity is estimated at 14 percent. The statutory company tax rate is 35 percent. What is the weighted-average cost of capital for the company closest to?
O A. 9.34%.
O B. 10.52%.
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O D. 12.05%.
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1. In this section we examine three theories of investor preference: The dividend irrelevance
theory. The "bird in the hand" theory, the tax preference theory, which theory is the best?
What is the different of stock dividends, stock splits, and stock repurchase.
2. In the working capital management, we know about cash conversion cycle model. For
problem if average inventories are $3 million and sales are $11 million. If receivables are
S 657.535 and sales are S 11 million. Then, if its cost of goods sold are $9 million per year
and if its accounts payable average $ 657.535. What is the length of the cash conversion
sicle?
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A couple needs $50,000 as a down payment for a home. If they invest the $35,000 they have at 8% compounded quarterly, how long will it take for the money to
grow to $50,000? (Round your answer to the nearest whole number.)
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Your grandfather has agreed to deposit a certain amount of money each year into an account paying 7.90 percent annually to help you
go to graduate school. Starting next year, and for the following four years, he plans to deposit $2,350, $8,600, $7,200, $6,600, and
$12,150 into the account. How much will you have at the end of the five years? (Round answer to 2 decimal places, e.g. 15.25.)
Future value at end of five years
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Fighting Irish Incorporated pays its employees $3,360 every two weeks ($240/day). The current two-week pay period ends on
December 28, 2024, and employees are paid $3,360. The next two-week pay period ends on January 11, 2025, and employees are
paid $3,360.
Required:
1. Record the adjusting entry on December 31, 2024.
2. Calculate the 2024 year-end adjusted balance of Salaries Payable (assuming the balance of Salaries Payable before adjustment in
2024 is $0).
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Calculate the 2024 year-end adjusted balance of Salaries Payable (assuming the balance of Salaries Payable before
adjustment in 2024 is $0).
Ending balance
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Culver Company purchases $4400 worth of new furniture (plus 5% GST and 7% PST). The amount debited to the Furniture account
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Quèstion 8
Which of the following statements is not true with regard to the benefits derived from the FASB's conceptual framework of accounting?
O It serves as a guide in establishing standards for the FASB.
O The Statements of Financial Accounting Concepts is the primary source of GAAP for accountants.
O It establishes the objectives of financial reporting.
O It enhances comparability between different company's financial statements.
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The December 31, 2024, adjusted trial balance for Fightin' Blue Hens Corporation is presented below.
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Cash
Accounts
Accounts Receivable
Prepaid Rent
Supplies
Land
Accounts Payable
Salaries Payable
Interest Payable
Notes Payable (due in two years)
Common Stock
Retained Earnings
Service Revenue
Salaries Expense
Rent Expense
Utilities Expense
Interest Expense
Totals
Required:
Debit
$12,000
Credit
150,000
6,000
30,000
265,000
$12,000
11,000
5,000
40,000
300,000
60,000
500,000
400,000
20,000
40,000
5,000
$928,000
$928,000
1. Prepare an income statement for the year ended December 31, 2024.
2. Prepare a statement of stockholders' equity for the year ended December 31, 2024, assuming no common stock was issued during
2024.
3. Prepare a…
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A company pays its employees $5,600 every two weeks ($400/day). The current two-week pay period ends on December 26, 2024,
and employees are paid $5,600. The next two-week pay period ends on January 9, 2025, and employees will be paid $5,600.
Record the adjusting entry on December 31, 2024. (If no entry is required for a transaction/event, select "No journal entry required"
in the first account field.)
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View transaction list
Journal entry worksheet
1
Record the adjusting entry on December 31, 2024.
Note: Enter debits before credits.
Date
December 31, 2024
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FA_21BUS101A-END-SEM ASSIGI X
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Discussions
1. From the following Trial balance , you are require to prepare the final accounts for the year ended 31st December 2020.
Grades
Particulars
Amount (Dr)
Amount(Cr)
4,80,000
Сapital
Drawings
Land & Building
People
1,35,000
4,50,000
Pages
Account
Creditors
3,15,000
Files
Plant& Machinery
1,20,000
Purchase returns
7,950
Syllabus
Bills receivable
18,000
Dashboard
Sales
6,54,000
Quizzes
Opening stock
1,20,000
1,53,000
78,000
1,500
3,000
1,14,000
10,200
79,800
1,35,000
3,600
6,000
18,000
11,850
Courses
Modules
Purchase
Wages
Carriage outwards
Carriage inwards
Salaries
Calendar
Discount
Inbox
Bank balance
Debtors
Bad debts
Sales returns
Furniture
Advertisements
Total
14,56,950
14,56,950
Adjustments:
Stock on 31st December,2020 is Rs. 1,05,000
Machinery & Furniture to be depreciated @ 10%.
Wages outstanding is Rs. 4,50O
Prepaid Advertisement is Rs.1,500
A…
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- Topic 4 Homework Close Date: Wed, Sep 29, 2021, 11:59 PM Question 9 of 15 If the margin on an item is 22.00%, calculate the rate of markup of the item. Round to two decimal places if necessary SAVE PROGRESS SUBMITASarrow_forward2arrow_forwardccounting | Spring 2023 uiz Course Home - kar X K Chapter 9 Quiz OA. $18,200 OB. $18,800 OC. $17,500 O D. $20,300 mylab.pearson.com Question 5 of 10 X G At year-end, Snow 0 4 kara harper 04/09/23 10:36 AM This quiz: 10 point(s) possible This question: 1 point(s) possible ? Submit quiz Buddy Company uses the allowance method to account for uncollectible receivables. At the beginning of the year, Allowance for Bad Debts had a credit balance of $800. During the year Buddy wrote off uncollectible receivables of $2,100. Buddy recorded Bad Debts Expense of $2,800. Buddy's year-end balance in Allowance for Bad Debts is $1,500. Buddy's ending balance of Accounts Receivable is $20,300. Compute the net realizable value of Accounts Receivable at year-end.arrow_forward
- Crop a question SIM ? 11:00 AM A elearning.ju.edu.jo The future value of $200 received today and deposited at 8 percent compounded semi-annually for three years is Select one: a. $352 b. $158 C. $253 d. $380 Previous page Next page Quiz navigation 4. 6. Finish attempt. Go Time left 0:19:14 IIarrow_forwardA Final Exam - MATH 1330 - Math b Details | bartleby E New tab A https://www.webassign.net/web/Student/Assignment-Responses/submit?dep=254878928tags=autosave#question4023958_1 Sign in 12. DETAILS HARMATHAP12 6.2.009. MYΝΟΤΕS What are the future value and the interest earned if $4000 is invested for 3 years at 8% compounded quarterly? (Round your answers to the nearest cent.) future value 24 interest earned %24arrow_forwardQuestion 15 pleasearrow_forward
- 15arrow_forward24arrow_forwardabout:blank Blackboard Learn sc.edu/webapps/assessment/take/launch isp?course assessment_id=_114 Remaining Time: 1 hour, 23 minutes, 35 seconds. Question Completion Status: A Moving to the next question prevents changes to this answer. Question 1 What is the Payback Period for the following investment? Year 1 2 3 4 5 O a. 3.77 Ob. 3.73 Oc. 3.89 Od. 3.96 Cash Out $ (1,600,000) (710,000) Cash In 550,000 580,000 610,000 640,000 670,000 A Moving to the next question prevents changes to this answer. 000 900 F2 F3 F4 MacBookarrow_forward
- Eat min C e New tab Λ Content xW Quiz 3-MAT-143, section 03F, Fa X + Q A ✩ https://www.webassign.net/web/Student/Assignment-Responses/last?dep=34832472 Viewing Saved Work Revert to Last Response DETAILS MY NOTES You deposit $850 in an account paying an annual simple interest rate of 7.8%. Find the future value of the investment (in dollars) after 1 year. DETAILS MY NOTES Calculate the simple interest due (in dollars) on a 40-day loan of $1,600 if the annual interest rate is 9%. (Use 360 days in 1 year.) $ DETAILS MY NOTESarrow_forward5:42 AM Tue Nov 16 * 100% www-awu.aleks.coma Exam 2, 7.3-9.4 REVIEW Report Overall Assignment Score: 73% (Best Score) Ninotchka V Score. O O pont Submitteu. NOV Z 7.32 1 IVI Tme Spet. S s Español Incorrect Your answer is incorrect. Salma wants to save money to open a tutoring center. She buys an annuity with a monthly payment of $27 that pays 3.7% interest, compounded monthly. Payments will be made at the end of each month. Find the total value of the annuity in 10 years. Do not round any intermediate computations, and round your final answer to the nearest cent. If necessary, refer to the list of financial formulas. 圖 Answer Submitted: 00 $12345.92 Correct Answer: $3913.49 Assignments List EVEI IVIUIawll LLC. All Rights Reserved. Terms of Use Privacy Center Accessibility IIarrow_forwardAssignment: Chapter 12 Homework Time Remaining: 0:58:20 Questions Problem 12.08 (New Project Analysis) 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 0 eBook Assignment Score: 78.57% Save Submit Assignment for Grading Question 4 of 14 ► Check My Work You must evaluate the purchase of a proposed spectrometer for the R&D department. The purchase price of the spectrometer including modifications is $140,000, and the equipment will be fully depreciated at the time of purchase. The equipment would be sold after 3 years for $32,000. The equipment would require an $8,000 increase in net operating working capital (spare parts inventory). The project would have no effect on revenues, but it should save the firm $43,000 per year in before-tax labor costs. The firm's marginal federal-plus-state tax rate is 25%. a. What is the initial investment outlay for the spectrometer after bonus depreciation is considered, that is, what is the Year 0 project cash flow? Enter your answer as a positive value.…arrow_forward
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