a- Indicate on the blanks below the effect (I - increase- D - decrease.docx

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a. Indicate on the blanks below the effect (I = increase, D = decrease, NE = no effect) of the entry to record the declaration of a common stock dividend on each of the items listed. b. Indicate on the blanks below the effect (I = increase, D = decrease, NE = no effect) of the entry to record the distribution of a (previously declared and recorded) common stock dividend on each of the items listed. (7 Points) a b. 1. Assets 2. Balance of Common Stock account 3. Total contributed capital 4. Total retained earnings 5. Total stockholders? equity 6. Par value per share 7. Total number of shares outstanding Solution a. b. Asset NE NE Balance of common stock NE NE Total Contributed Capital NE NE Total Retained Earning NE D Total Stockholder\'s Equity NE D Par Value per share NE NE Total no.of shares outstanding NE NE .

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A. Identify deficiencies in the evidence gathered by the auditor? B. Discuss the steps involved in setting the preliminary judgment about materiality. Class, the concept of materiality is important in the context of auditing. Materiality is a function of the time, the situation, and the people involved. What is material from the point of view of a bank that lends money to the firm? C. What is material from the perspective of shareholders? Solution Answer : According to the prescribed SA\'s: A. Identifying deficiencies in Audit Method : B. Steps nvolved in preliminary Judgement of Materiality in Audit: The concept of materiality in auditing can be explained as follows: Materiality generally explains that; From the point of view of bank lending money to the firm : C. Perspective of Shareolders: .

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Abacus Co. wishes to maintain a growth rate of 12.4 percent a year, a debtâ€“equity ratio of 1.2, and a dividend payout ratio of 28 percent. The ratio of total assets to sales is constant at 0.92. What profit margin must the firm achieve? Solution Equity multiplier = (1+ debt equity ratio) = 1+1.20 = 2.20 ROE = profit margin x turnover x Equity multiplier = profit margin x 1/0.92Â Â x 2.20 Growth rate = ROE x (1- payout ratio) 0.124 = profit margin x 1/0.92Â Â x 2.20 x (1-0.28) Proit margin = 0.124 x 0.92 / (2.2 x 0.72) = 7.20% .

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a. Which elements are chemically similar to each other? Bromine Phosphorus Calcium Boron Nickel Iodine Fluorine b. Which elements are chemically similar to each other? Oxygen Iron Sulfur Aluminum Iodine Carbon c. Which elements are chemically similar to each other? Lithium Oxygen Lead Manganese Potassium Silicon Solution a) Bromine and iodine are chemically similar. Both comes in group 7A and have almost similar properties. Eventhough fluorine also is in group 7A, it is different from the other two because of its small size and high electronagativity. b) Oxygen and sulphur. They belong to group 6A of the periodic table. They both have six valence electrons. c) Lithium and potassium. They belong to group 1 and contains one valence electron. .

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aja pa 12) Which one of the following statements is false? a larval animal changes into an adult that has a radically different body form, the transformation is called metamorphosis B) Most animals are haploid and reproduce using mitosis C) Animal cells lack cell walls. D) A nimals are multicellular, heterotrophic eukaryotes that obtain nutrients by ingestion. Solution Option (C) is incorrect. Animal cells DO lack cell walls, but they have cell membranes. However, option (B) is also incorrect because most animals are diploid and reproduce with meiosis and mitosis. BUT Animal gametes are haploid and reproduce by mitosis (after being produced through meiosis). .

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All of the following income items are inclusive in an employee gross income except Severance pay for the cancellations of employment Vacation allowance Worker compensation payments Moving expense reimbursements All of the following income items are inclusive in an employee gross income except Severance pay for the cancellations of employment Vacation allowance Worker compensation payments Moving expense reimbursements Severance pay for the cancellations of employment Vacation allowance Worker compensation payments Moving expense reimbursements Solution Vacation allowance .

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Air, initially at 220 kPa and 450 K undergoes a polytropic state change to 374 kPa and 495 K. What is the polytropic exponent of this process? and Saturated water vapor is contained in a rigid container. Heat is then added until the the pressure and temperature become 861.818 MPa and 400 ?C, respectively. What was the initial temperature of the steam? ?C Solution PV n =C PV=nRT V= nRT/P P( nRT/P) n =C P 1 (T 1 /P 1 ) n =P 2 (T 2 /P 2 ) n (T 1 P 2 /T 2 P 1 ) n =P 2 /P 1 n= ln(P 2 /P 1 )/ln(T 1 P 2 /T 2 P 1 )= 1.218944 .

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After winning the 2001 election, the new governor of Virginia, Mark Warner, named Phillip Shucet to head the Virginia Department of Transportation (VDOT). Shucet was eager to bring his private-sector experience and management experience to VDOT, and he knew it would be a challenge. VDOT was renowned for its engineering innovation and cutting-edge research. More recently, though, the department Solution Part 1 1. According to Classical approach of management theory , employees of a company have only economical and physical needs. Job satisfaction or social needs holds negligible importance for these employees. Classical approach included several theories comprising Taylor .

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Action Center activation Administrative Tools Aero applets Computer Computer Management context menu Control Panel desktop Device Manager extension Flip 3D Folders list interface Jump List library logon screen Microsoft Management Console (MMC) My Computer My Documents My Network Places Navigation pane Network notification area Performance Performance Monitor pinned application Quick Launch toolbar Recycle Bin Reliability and Performance Monitor service Start button SystemRoot System Tools system tray taskbar transparency Userâ€™s Files Welcome screen Windows Explorer Windows Sidebar x64 x86 Which key term fits in the sentence? You can place handy Gadgets that display useful information on the __________________. Solution Windows Sidebar .

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