Quiz – Merry International Inc.
Intermediate Accounting
Spiceland, Nelson, and Thomas
10th Edition
Compute the missing amounts in the balance sheet.
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Compute the missing amounts in the balance sheet.
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Given a partial trial balance they ask you to determine the company’s working capital at year-end.
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Given a balance sheet they ask you to determine the acid-test ratio.
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Gives you three time estimates (optimistic, most likely, pessimistic) and ask for the expected activity time calculated.
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They give you activities, critical path, estimated time, and variance. Asks for the normal probability that the project will be finished within a certain amount of days.
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Given a list of information they ask you to determine the amount of total assets.
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Determine the company’s current liabilities, long-term liabilities, accounts receivable, and the acid-test ratio.
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Compute the company’s current assets, shareholders’ equity, long-term assets, and long-term liabilities.
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Given a list of information about the company they ask you to determine the amount of current assets, assuming the accounts above reflect the normal activity.
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Given a large grid time schedule with the normal time, crash time, normal cost, and the crash cost… find the total time and cost.
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