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1) which of the following is included in the category other

Uncategorized

1) Which of the following is included in the category Other receivables?

A) Loans to employees

B) Accounts receivables

C) Notes receivables

D) Investments

 

2) GAAP prefers companies to use the:

A) direct write-off method to evaluate bad debts.

B) allowance method to evaluate bad debts.

C) amortization method to evaluate bad debts.

D) 360-day method to evaluate bad debts.

 

3) Which of the following are the two methods of accounting for uncollectible receivables?

A) The direct write-off method and the liability method

B) The asset method and the sales method

C) The allowance method and the liability method

D) The allowance method and the direct write-off method

 

4) The Allowance for uncollectible accounts currently has a credit balance of $200.  The company’s management estimates that 2.5% of net credit sales will be uncollectible.  Net credit sales are $115,000. What will be the amount of Uncollectible account expense reported on the income statement?

A) $3,275

B) $3,075

C) $2,875  

D) $2,675

 

5) A newly created design business called Smart Art is just finishing up its first year of operations.  During the year, there were credit sales of $40,000 and collections of $36,000.  One account for $650 was written off.  Smart Art uses the percent-of-sales method to account for uncollectible account expense, and has decided to use a factor of 2% for their year-end adjustment of uncollectible account expense.  At the end of the year, what is the ending balance in Accounts receivable?

A) $4,000

B) $36,000

C) $3,350   

D) $39,350

 

6) A newly created design business called Smart Art is just finishing up its first year of operations.  During the year, there were credit sales of $40,000 and collections of $36,000.  One account for $650 was written off.  Smart Art uses the aging method to account for uncollectible account expense, and has calculated an amount of $200 as their estimate of uncollectible amounts at year-end. At the end of the year, what is the ending balance in Accounts receivable?

A) $4,000

B) $36,000

C) $3,350

D) $39,350 

 

7) A newly created design business called Smart Art is just finishing up its first year of operations.  During the year, there were credit sales of $40,000 and collections of $36,000.  One account for $650 was written off.  Smart Art uses the aging method to account for uncollectible account expense, and has calculated an amount of $200 as their estimate of uncollectible amounts at year-end. At the end of the year, what is the ending balance in the Allowance for uncollectible accounts?

A) $150

B) $800

C) $200

D) $1,450

 

8) Accounts receivable has a balance of $16,000 and the Allowance for uncollectible accounts has a credit balance of $1,700.  What is Net accounts receivable before and after a $60 account receivable is written off?

A) $14,300 before and $14,240 after

B) $14,300 before and $14,300 after

C) $16,000 before and $15,940 after

D) $16,000 before and $16,000 after

 

9) Under the direct write-off method, a customer who doesn’t pay their bills is written off with what journal entry?

A) Debit Accounts receivable and credit Uncollectible account expense

B) Debit Uncollectible account expense and credit Cash

C) Debit Uncollectible account expense and credit Accounts receivable

D) Debit Lost revenue and credit Accounts receivable

 

10) Archer Company and Zorro Company both have significant amounts of accounts receivable at any time, and both experience uncollectible accounts from time to time.  Archer uses the percent-of-sales method to account for uncollectible accounts, and Zorro uses the direct write-off method.  Which of the following statements is FALSE? 

A) Zorro Company’s method complies with GAAP.

B) Archer Company’s method will provide better matching of revenues and expenses.

C) Archer Company’s net income is more accurate due to their accounting method.

D) Zorro Company’s method does not provide good matching of revenues and expenses.

 

11) Which of the following exists if the maker of a promissory note fails to pay the note on the due date?

A) A discounted note

B) A depreciated note

C) An amortized note

D) A dishonored note

 

12) What is the maturity value of a 3-month, 12% note for $20,000?

A) $20,000

B) $22,400

C) $21,200

D) $20,600  

 

13) What is the maturity value of a note? 

A) The principal amount minus interest due

B) The principal amount plus interest due

C) The face amount of the note

D) The principal amount times the interest rate

 

14) On October 1, 2014, Allen Jewelry Company accepted a 4-month, 10% note for $2,400 in settlement of an overdue account receivable. If the company accrues interest at year-end only, how much interest revenue should be accrued on December 31, 2014? 

A) $80

B) $60   

C) $240

D) $40

 

15) Which of the following is included in the denominator of the acid-test ratio?

A) All current liabilities except accounts payable

B) Total liabilities

C) Total current liabilities

D) Total current assets

 

16) Which of the following is included in the cost of a plant asset? 

A) Amounts paid to ready the asset for its intended use

B) Regular maintenance cost

C) Normal repair cost

D) Wages of workers who use the asset

 

17) Which of the following would be capitalized and depreciated, rather than expensed?

A) Modification for new use

B) Paint job

C) Replacement of tires

D) Normal repair of engine

 

18) Which of the following items should NOT be depreciated, depleted, or amortized?

A) Natural resources

B) Land

C) Tangible property, plant, and equipment, other than land

D) Intangible property

 

19) On January 1, 2013, Zane Manufacturing Company purchased a machine for $40,000.  The company expects to use the machine a total of 24,000 hours over the next 6 years.  The estimated sales price of the machine at the end of 6 years is $4,000.  The company used the machine 8,000 hours in 2013 and 12,000 in 2014. 

What is the book value of the machine at the end of 2014 if the company uses straight-line depreciation?

A) $10,000

B) $28,000  

C) $17,778

D) $20,000

 

20) Which of the following items is included in the journal entry if a company sells equipment at a price equal to its book value?

A) A debit to Loss on sale of equipment

B) A credit to Equipment for its original cost

C) A credit to Accumulated depreciation

D) A debit to Equipment for its book value

 

21) Which of the following items should be depleted?

A) Intangible property

B) Land

C) Natural resources

D) Tangible property, plant, and equipment, other than land

 

22) Azimuth Company purchases a small business for $500,000.  The market value of the business’s assets are $850,000, and the market value of the liabilities are $400,000.  How much goodwill should Azimuth record?

A) None

B) $500,000

C) $450,000

D) $50,000  

 

23) The decline in value of a copyright is accounted for by:

A) depreciation.

B) amortization.

C) depletion.

D) deterioration.

 

24) Which of the following intangible assets bars other manufacturers from using the same name for a product?

A) Trademark

B) Patent

C) Copyright

D) Franchise

 

25) Which of the following accounting methods is usually used to compute amortization expense?

A) Declining-balance

B) Units-of-production

C) Straight-line

D) First-In, First-Out 

 

26)  On September 1, 2012, Algernon Company sold a truck for $15,000 cash.  The truck was originally purchased for $40,000, had an estimated salvage value of $4,000 and an estimated life of 6 years.  Algernon had recorded depreciation of $30,000 through the end of 2011 using Straight-Line.  First, Algernon had to update the depreciation prior to sale. Then Algernon recorded the sale transaction.  What was the effect of that transaction on the net income of the company?

A) No gain or loss

B) Gain of $9,000

C) Gain of $15,000

D) Loss of $9,000 

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July 1, 2023
    

 Hide Submission Folder InformationSubmission FolderAssignment 2OriginalityCheck enabledInstructions

In two or three paragraphs, describe where you would “like to be” financially in 10 years.  Include things like your career preparation/opportunities, housing, transportation and (generic) family situation.  (The purpose is to have you give this issue thought, not to pry.)

After describing what you’d like, assess your probability of getting there?  Do you see any major barriers, or are you already on the right track?  Other than pursuing higher education (which, by the way, tends to be a very wise investment over the years), what changes/initiatives or steps do you intend to take in order to help make your plans a reality?

  1. The length of your response is conditional on the question. Answer fully, but concisely.
  2. Your submissions should be submitted via the assignment dropbox in .doc or .docx format, using 12 pt type and double spacing.
  3. Late submissions will not be accepted, absent documented circumstances that made submission impossible.

____________________________________________________________________

 

While it is usually a frivolous (if fun) exercise to think too much about the lottery, it does illustrate the mechanics of an annuity (a form of insurance or investment entitling the investor to a series of annual sums.). To answer the following questions, visit the Powerball website () for this week and use information in your book, and information available from the web.

  1. What are the current jackpot (paid in 30 equal annual payments) and the cash payout value? (5 pts.)
  2. Assuming you could invest the entire cash payout at a guaranteed, insured rate of 2% a year, what would your annual return total? (5 pts.)
  3. Which option would you take?  Explain your choice. (10 pts.)
  1. The length of your response is conditional on the question. Answer fully, but concisely.
  2. Your submissions should be submitted via the assignment dropbox in .doc or .docx format, using 12 pt type and double spacing.
  3. Late submissions will not be accepted, absent documented circumstances that made submission impossible.

______________________________________________

 

Using the tax form, instructions and info attached, answer the following questions.

  1. Assume you are a single person with no dependents who made $35,000.00  from your primary job and an additional $5,500.00 from a part time position.  You had a total of $7,700 dollars withheld in taxes (from both jobs combined) and will take the standard deduction.

Will you get a refund or will you have to pay more tax?  (5 pts.)

What is the amount of the refund/payment?  (5 pts.)

  1. Using the tax tables on page 90 of the instructions, assume a single person has a taxable income of $382,000.00.

What will the single person's total tax be?  (5 pts.)

What is the single person's effective tax rate?  (5 pts.) 

  1. The length of your response is conditional on the question. Answer fully, but concisely.
  2. Your submissions should be submitted via the assignment dropbox in .doc or .docx format, using 12 pt type and double spacing.
  3. Late submissions will not be accepted, absent documented circumstances that made submission impossible.

Due DateFeb 18, 2018 11:59 PMAttachments (3.05 MB) (188.03 KB)Download All Files 

________________________________________

 Assignment 8OriginalityCheck enabledInstructions

A person’s credit score is becoming a very important part of their life, being used not only to evaluate lending capacity, but often used in decisions like hiring and renting/leasing housing.  Access your free credit score using this link:

https://www.ftc.gov/faq/consumer-protection/get-my-free-credit-report

Please DO NOT share your score, but write a 1 to 2 paragraph response stating if you are content with it and whether or not it accurately reflects your current status.  What could you do to improve it (if anything)?  Remember, this is a fluid measure that can change. (20 pts.)

  1. The length of your response is conditional on the question. Answer fully, but concisely.
  2. Your submissions should be submitted via the assignment dropbox in .doc or .docx format, using 12 pt type and double spacing.
  3. Late submissions will not be accepted, absent documented circumstances that made submission impossible.

___________________________________________

 Hide Submission Folder InformationSubmission FolderAssignment 9OriginalityCheck enabledInstructions

The big advantage to owning a home is that eventually (hopefully around retirement), you will no longer have a monthly payment for housing (although you will always have taxes and upkeep.)  That said, home ownership is not always the good move. 

Do you own, or hope to own in the near future?  If not, what are your reasons for preferring to rent/lease?  (20 pts.)

  1. The length of your response is conditional on the question. Answer fully, but concisely.
  2. Your submissions should be submitted via the assignment dropbox in .doc or .docx format, using 12 pt type and double spacing.
  3. Late submissions will not be accepted, absent documented circumstances that made submission impossible.

_____________________________________

 Assignment 12OriginalityCheck enabledInstructions

Conduct an internet search on Risk Tolerance Quiz (or Questionnaire).  There are plenty to choose from, but you’re encouraged to use one from a name you are somewhat familiar with.  Take the quiz, then share your results in a paragraph or two.

What instrument did you use? (Copy and paste the url to the site into your response.)  How tolerant or adverse to risk are you?  Do you think that will always be your nature or is it a function of “where you are” in your life right now?  Do you exhibit the same type of tendencies in areas other than investing?  Do you follow your natural inclination, or do you try to approach risks logically?  (20 pts.)

  1. The length of your response is conditional on the question. Answer fully, but concisely.
  2. Your submissions should be submitted via the assignment dropbox in .doc or .docx format, using 12 pt type and double spacing.
  3. Late submissions will not be accepted, absent documented circumstances that made submission impossible.

____________________________________

 Hide Submission Folder InformationSubmission FolderAssignment 14OriginalityCheck enabledInstructions

Use the internet to find a site or video that explains how to read stock quotations.  Investopedia is one of the best, and there are several videos on YouTube.  While different publications use different formats, the basic info is the same.  After you have read the chapter and conducted your research, answer the following questions related to the stock quotation attached. (4 pts each)

Assume the quotations appeared in the Tuesday morning newspaper.

 What is the least you could have purchased one share of Aaron’s Inc. for in the past year?
What is the most one share of AAR CORP could have cost you in the past year?
What is the most one share of Abbot Lab traded for on Monday?
What was the closing price on Monday for AbbVie?
What will ABB ADR close at Tuesday?

  1. The length of your response is conditional on the question. Answer fully, but concisely.
  2. Your submissions should be submitted via the assignment dropbox in .doc or .docx format, using 12 pt type and double spacing.
  3. Late submissions will not be accepted, absent documented circumstances that made submission impossible.

Due DateApr 15, 2018 11:59 PMAttachments (4.66 KB)Download All Files 

_____________________________________________________

 Assignment 15OriginalityCheck enabledInstructions

You’ve read about bonds, and should understand that they are basically agreements where you loan your money to a company (or other entity) who pays interest while it uses your money, then repays the principal. 

If you were going to lend money to a company, which one would you choose and why?  Remember, the bigger and safer the company, the lower the return; but if a company is too risky, you might lose everything.  That said, what company out there do you think would be a good candidate to borrow money from you?

  1. The length of your response is conditional on the question. Answer fully, but concisely.
  2. Your submissions should be submitted via the assignment dropbox in .doc or .docx format, using 12 pt type and double spacing.
  3. Late submissions will not be accepted, absent documented circumstances that made submission impossible.
default image
July 1, 2023
    

 Hide Submission Folder InformationSubmission FolderAssignment 2OriginalityCheck enabledInstructions

In two or three paragraphs, describe where you would “like to be” financially in 10 years.  Include things like your career preparation/opportunities, housing, transportation and (generic) family situation.  (The purpose is to have you give this issue thought, not to pry.)

After describing what you’d like, assess your probability of getting there?  Do you see any major barriers, or are you already on the right track?  Other than pursuing higher education (which, by the way, tends to be a very wise investment over the years), what changes/initiatives or steps do you intend to take in order to help make your plans a reality?

  1. The length of your response is conditional on the question. Answer fully, but concisely.
  2. Your submissions should be submitted via the assignment dropbox in .doc or .docx format, using 12 pt type and double spacing.
  3. Late submissions will not be accepted, absent documented circumstances that made submission impossible.

____________________________________________________________________

 

While it is usually a frivolous (if fun) exercise to think too much about the lottery, it does illustrate the mechanics of an annuity (a form of insurance or investment entitling the investor to a series of annual sums.). To answer the following questions, visit the Powerball website () for this week and use information in your book, and information available from the web.

  1. What are the current jackpot (paid in 30 equal annual payments) and the cash payout value? (5 pts.)
  2. Assuming you could invest the entire cash payout at a guaranteed, insured rate of 2% a year, what would your annual return total? (5 pts.)
  3. Which option would you take?  Explain your choice. (10 pts.)
  1. The length of your response is conditional on the question. Answer fully, but concisely.
  2. Your submissions should be submitted via the assignment dropbox in .doc or .docx format, using 12 pt type and double spacing.
  3. Late submissions will not be accepted, absent documented circumstances that made submission impossible.

______________________________________________

 

Using the tax form, instructions and info attached, answer the following questions.

  1. Assume you are a single person with no dependents who made $35,000.00  from your primary job and an additional $5,500.00 from a part time position.  You had a total of $7,700 dollars withheld in taxes (from both jobs combined) and will take the standard deduction.

Will you get a refund or will you have to pay more tax?  (5 pts.)

What is the amount of the refund/payment?  (5 pts.)

  1. Using the tax tables on page 90 of the instructions, assume a single person has a taxable income of $382,000.00.

What will the single person's total tax be?  (5 pts.)

What is the single person's effective tax rate?  (5 pts.) 

  1. The length of your response is conditional on the question. Answer fully, but concisely.
  2. Your submissions should be submitted via the assignment dropbox in .doc or .docx format, using 12 pt type and double spacing.
  3. Late submissions will not be accepted, absent documented circumstances that made submission impossible.

Due DateFeb 18, 2018 11:59 PMAttachments (3.05 MB) (188.03 KB)Download All Files 

________________________________________

 Assignment 8OriginalityCheck enabledInstructions

A person’s credit score is becoming a very important part of their life, being used not only to evaluate lending capacity, but often used in decisions like hiring and renting/leasing housing.  Access your free credit score using this link:

https://www.ftc.gov/faq/consumer-protection/get-my-free-credit-report

Please DO NOT share your score, but write a 1 to 2 paragraph response stating if you are content with it and whether or not it accurately reflects your current status.  What could you do to improve it (if anything)?  Remember, this is a fluid measure that can change. (20 pts.)

  1. The length of your response is conditional on the question. Answer fully, but concisely.
  2. Your submissions should be submitted via the assignment dropbox in .doc or .docx format, using 12 pt type and double spacing.
  3. Late submissions will not be accepted, absent documented circumstances that made submission impossible.

___________________________________________

 Hide Submission Folder InformationSubmission FolderAssignment 9OriginalityCheck enabledInstructions

The big advantage to owning a home is that eventually (hopefully around retirement), you will no longer have a monthly payment for housing (although you will always have taxes and upkeep.)  That said, home ownership is not always the good move. 

Do you own, or hope to own in the near future?  If not, what are your reasons for preferring to rent/lease?  (20 pts.)

  1. The length of your response is conditional on the question. Answer fully, but concisely.
  2. Your submissions should be submitted via the assignment dropbox in .doc or .docx format, using 12 pt type and double spacing.
  3. Late submissions will not be accepted, absent documented circumstances that made submission impossible.

_____________________________________

 Assignment 12OriginalityCheck enabledInstructions

Conduct an internet search on Risk Tolerance Quiz (or Questionnaire).  There are plenty to choose from, but you’re encouraged to use one from a name you are somewhat familiar with.  Take the quiz, then share your results in a paragraph or two.

What instrument did you use? (Copy and paste the url to the site into your response.)  How tolerant or adverse to risk are you?  Do you think that will always be your nature or is it a function of “where you are” in your life right now?  Do you exhibit the same type of tendencies in areas other than investing?  Do you follow your natural inclination, or do you try to approach risks logically?  (20 pts.)

  1. The length of your response is conditional on the question. Answer fully, but concisely.
  2. Your submissions should be submitted via the assignment dropbox in .doc or .docx format, using 12 pt type and double spacing.
  3. Late submissions will not be accepted, absent documented circumstances that made submission impossible.

____________________________________

 Hide Submission Folder InformationSubmission FolderAssignment 14OriginalityCheck enabledInstructions

Use the internet to find a site or video that explains how to read stock quotations.  Investopedia is one of the best, and there are several videos on YouTube.  While different publications use different formats, the basic info is the same.  After you have read the chapter and conducted your research, answer the following questions related to the stock quotation attached. (4 pts each)

Assume the quotations appeared in the Tuesday morning newspaper.

 What is the least you could have purchased one share of Aaron’s Inc. for in the past year?
What is the most one share of AAR CORP could have cost you in the past year?
What is the most one share of Abbot Lab traded for on Monday?
What was the closing price on Monday for AbbVie?
What will ABB ADR close at Tuesday?

  1. The length of your response is conditional on the question. Answer fully, but concisely.
  2. Your submissions should be submitted via the assignment dropbox in .doc or .docx format, using 12 pt type and double spacing.
  3. Late submissions will not be accepted, absent documented circumstances that made submission impossible.

Due DateApr 15, 2018 11:59 PMAttachments (4.66 KB)Download All Files 

_____________________________________________________

 Assignment 15OriginalityCheck enabledInstructions

You’ve read about bonds, and should understand that they are basically agreements where you loan your money to a company (or other entity) who pays interest while it uses your money, then repays the principal. 

If you were going to lend money to a company, which one would you choose and why?  Remember, the bigger and safer the company, the lower the return; but if a company is too risky, you might lose everything.  That said, what company out there do you think would be a good candidate to borrow money from you?

  1. The length of your response is conditional on the question. Answer fully, but concisely.
  2. Your submissions should be submitted via the assignment dropbox in .doc or .docx format, using 12 pt type and double spacing.
  3. Late submissions will not be accepted, absent documented circumstances that made submission impossible.
default image
July 1, 2023
    

 Hide Submission Folder InformationSubmission FolderAssignment 2OriginalityCheck enabledInstructions

In two or three paragraphs, describe where you would “like to be” financially in 10 years.  Include things like your career preparation/opportunities, housing, transportation and (generic) family situation.  (The purpose is to have you give this issue thought, not to pry.)

After describing what you’d like, assess your probability of getting there?  Do you see any major barriers, or are you already on the right track?  Other than pursuing higher education (which, by the way, tends to be a very wise investment over the years), what changes/initiatives or steps do you intend to take in order to help make your plans a reality?

  1. The length of your response is conditional on the question. Answer fully, but concisely.
  2. Your submissions should be submitted via the assignment dropbox in .doc or .docx format, using 12 pt type and double spacing.
  3. Late submissions will not be accepted, absent documented circumstances that made submission impossible.

____________________________________________________________________

 

While it is usually a frivolous (if fun) exercise to think too much about the lottery, it does illustrate the mechanics of an annuity (a form of insurance or investment entitling the investor to a series of annual sums.). To answer the following questions, visit the Powerball website () for this week and use information in your book, and information available from the web.

  1. What are the current jackpot (paid in 30 equal annual payments) and the cash payout value? (5 pts.)
  2. Assuming you could invest the entire cash payout at a guaranteed, insured rate of 2% a year, what would your annual return total? (5 pts.)
  3. Which option would you take?  Explain your choice. (10 pts.)
  1. The length of your response is conditional on the question. Answer fully, but concisely.
  2. Your submissions should be submitted via the assignment dropbox in .doc or .docx format, using 12 pt type and double spacing.
  3. Late submissions will not be accepted, absent documented circumstances that made submission impossible.

______________________________________________

 

Using the tax form, instructions and info attached, answer the following questions.

  1. Assume you are a single person with no dependents who made $35,000.00  from your primary job and an additional $5,500.00 from a part time position.  You had a total of $7,700 dollars withheld in taxes (from both jobs combined) and will take the standard deduction.

Will you get a refund or will you have to pay more tax?  (5 pts.)

What is the amount of the refund/payment?  (5 pts.)

  1. Using the tax tables on page 90 of the instructions, assume a single person has a taxable income of $382,000.00.

What will the single person's total tax be?  (5 pts.)

What is the single person's effective tax rate?  (5 pts.) 

  1. The length of your response is conditional on the question. Answer fully, but concisely.
  2. Your submissions should be submitted via the assignment dropbox in .doc or .docx format, using 12 pt type and double spacing.
  3. Late submissions will not be accepted, absent documented circumstances that made submission impossible.

Due DateFeb 18, 2018 11:59 PMAttachments (3.05 MB) (188.03 KB)Download All Files 

________________________________________

 Assignment 8OriginalityCheck enabledInstructions

A person’s credit score is becoming a very important part of their life, being used not only to evaluate lending capacity, but often used in decisions like hiring and renting/leasing housing.  Access your free credit score using this link:

https://www.ftc.gov/faq/consumer-protection/get-my-free-credit-report

Please DO NOT share your score, but write a 1 to 2 paragraph response stating if you are content with it and whether or not it accurately reflects your current status.  What could you do to improve it (if anything)?  Remember, this is a fluid measure that can change. (20 pts.)

  1. The length of your response is conditional on the question. Answer fully, but concisely.
  2. Your submissions should be submitted via the assignment dropbox in .doc or .docx format, using 12 pt type and double spacing.
  3. Late submissions will not be accepted, absent documented circumstances that made submission impossible.

___________________________________________

 Hide Submission Folder InformationSubmission FolderAssignment 9OriginalityCheck enabledInstructions

The big advantage to owning a home is that eventually (hopefully around retirement), you will no longer have a monthly payment for housing (although you will always have taxes and upkeep.)  That said, home ownership is not always the good move. 

Do you own, or hope to own in the near future?  If not, what are your reasons for preferring to rent/lease?  (20 pts.)

  1. The length of your response is conditional on the question. Answer fully, but concisely.
  2. Your submissions should be submitted via the assignment dropbox in .doc or .docx format, using 12 pt type and double spacing.
  3. Late submissions will not be accepted, absent documented circumstances that made submission impossible.

_____________________________________

 Assignment 12OriginalityCheck enabledInstructions

Conduct an internet search on Risk Tolerance Quiz (or Questionnaire).  There are plenty to choose from, but you’re encouraged to use one from a name you are somewhat familiar with.  Take the quiz, then share your results in a paragraph or two.

What instrument did you use? (Copy and paste the url to the site into your response.)  How tolerant or adverse to risk are you?  Do you think that will always be your nature or is it a function of “where you are” in your life right now?  Do you exhibit the same type of tendencies in areas other than investing?  Do you follow your natural inclination, or do you try to approach risks logically?  (20 pts.)

  1. The length of your response is conditional on the question. Answer fully, but concisely.
  2. Your submissions should be submitted via the assignment dropbox in .doc or .docx format, using 12 pt type and double spacing.
  3. Late submissions will not be accepted, absent documented circumstances that made submission impossible.

____________________________________

 Hide Submission Folder InformationSubmission FolderAssignment 14OriginalityCheck enabledInstructions

Use the internet to find a site or video that explains how to read stock quotations.  Investopedia is one of the best, and there are several videos on YouTube.  While different publications use different formats, the basic info is the same.  After you have read the chapter and conducted your research, answer the following questions related to the stock quotation attached. (4 pts each)

Assume the quotations appeared in the Tuesday morning newspaper.

 What is the least you could have purchased one share of Aaron’s Inc. for in the past year?
What is the most one share of AAR CORP could have cost you in the past year?
What is the most one share of Abbot Lab traded for on Monday?
What was the closing price on Monday for AbbVie?
What will ABB ADR close at Tuesday?

  1. The length of your response is conditional on the question. Answer fully, but concisely.
  2. Your submissions should be submitted via the assignment dropbox in .doc or .docx format, using 12 pt type and double spacing.
  3. Late submissions will not be accepted, absent documented circumstances that made submission impossible.

Due DateApr 15, 2018 11:59 PMAttachments (4.66 KB)Download All Files 

_____________________________________________________

 Assignment 15OriginalityCheck enabledInstructions

You’ve read about bonds, and should understand that they are basically agreements where you loan your money to a company (or other entity) who pays interest while it uses your money, then repays the principal. 

If you were going to lend money to a company, which one would you choose and why?  Remember, the bigger and safer the company, the lower the return; but if a company is too risky, you might lose everything.  That said, what company out there do you think would be a good candidate to borrow money from you?

  1. The length of your response is conditional on the question. Answer fully, but concisely.
  2. Your submissions should be submitted via the assignment dropbox in .doc or .docx format, using 12 pt type and double spacing.
  3. Late submissions will not be accepted, absent documented circumstances that made submission impossible.
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550 words
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