The FI504 Final Exam will be an online open-book, open-notes, open-computer exam with a time limit of three hours and 30 minutes. It will be worth 250 points or 25% of your course grade. The Final Exam is two pages long and will consist of 14 multiple-choice questions worth five points each and six essays worth 30 points. Some of the multiple-choice questions are problem-based. Of the six essays, five of the essays are problem-based since this is an Accounting course. Terminal Course Objectives
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Pedram Sharokhi FI 504 08/23/2008 Hershey Company & Tootsie Roll Company Company History Both the Hershey Company and the Tootsie Roll Company specialize in a wide variety of chocolate candy products. "The Hershey Company is a leading snack food company and the largest North American manufacturer of quality chocolate and non-chocolate confectionery products, with revenues of over $4 billion and more than 13,000 employees worldwide". The Hershey Company originated with the candy manufacturer
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FI504 exam 1. The ACE Company has five plants nationwide that cost $100 million. The current market value of the plants is $500 million. The plants will be recorded and reported as assets at a. $100 million. b. $600 million. c. $400 million. d. $500 million. _____ 2. A basic assumption of accounting that requires activities of an entity be kept separate from the activities of its owner is referred to as the a. stand alone concept. b. monetary unit assumption. c. corporate form of ownership
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Microsoft 2007 Annual net income = Average Stock Holders Equity= Preferred Stock Divendends= Weighted Average Common Shares Outstanding= Total Current Liabilities= Common Stock Cash Dividends= Stock Holders Equity (Beginning of the period)= Stock Holders Equity (End of the period)= Average Stock Holders Equity= Net Cash from Operation(income)= Capital Expenditures= Total Assets= Cash Dividends Paid= Free Cash Flow= Average Current Liabilities= Average Total Liabilities= Earning Per Share (Basic)A/B=
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CHAPTER 13 Financial Analysis: The Big Picture Study Objectives 1. 2. 3. 4. 5. 6. 7. Understand the concept of sustainable income. Indicate how irregular items are presented. Explain the concept of comprehensive income. Describe and apply horizontal analysis. Describe and apply vertical analysis. Identify and compute ratios used in analyzing a company’s liquidity, solvency, and profitability. Understand the concept of quality of earnings. Summary of Questions by Study Objectives and Bloom’s
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Morningstar Document Research FORM 10-K ORACLE CORP - ORCL Filed: June 28, 2011 (period: May 31, 2011) Annual report with a comprehensive overview of the company ® ℠ Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ⌧ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended May 31, 2011 OR � TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
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Case Study 2 FI504 Accounting and Finance for Managerial Use and Analysis Recommendations for LJB Company: Requirements for Going Public: A requirement of all publicly traded companies is to comply with the Sarbanes-Oxley Act of 2002. This means that LJB would be required to maintain a system of internal control. The controls must be reliable and effective, which the executives and Board of Directors must monitor. Also, an outside auditor must confirm that the control systems are
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Tootsie Roll Industries, Inc. and its subsidiaries manufacture and sell confectionery products in the United States, Canada, and Mexico. It sells its products under various names. The company markets its products to wholesale distributors of candy and groceries, supermarkets, variety stores, dollar stores, chain grocers, drug chains, discount chains, cooperative grocery associations, warehouse and membership club stores, vending machine operators, and the U. S. military and fund-raising charitable
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FI504 Case Study 3 on Cash Budgeting Requirements: 1. Use this information to prepare a Cash Budget for the months of August and September, using the template provided in Doc Sharing. Excel Spreadsheet 2. What are the three sections of a Cash Budget, and what is included in each section? The cash budget is separated into three sections: cash receipts, cash disbursements, and financing (Cenar, 2009). The first section, cash receipts, is exactly what the name implies, which is
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Internal Controls Report To: CEO/President –LJB Company From: It is important to understand all internal control requirements before the company decides to go public. Internal control systems must cover five primary elements: controlled environment, risk assessment, controlled activities, information and communication and monitoring. The following are internal control requirement activities that LJB Company must implement and maintain to mitigate risk and loss. * Establishment of responsibility
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