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started by justquestionans on 26 Jun 18
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    Get help for Strayer-University ACC 599 Week 5 Midterm. We provide assignment, homework, discussions and case studies help for all subjects Strayer-University for Session 2017-2018.

    ACC 599 WEEK 5 MIDTERM

    · Question 1

    6 out of 6 points

    What is the effect of the exercise of stock options?



    · Question 2

    0 out of 6 points

    In 2012, ABC Company reported earnings per share of $2.00 for 10,000 shares. In 2013, there was a 2-for-1 stock split, for which 2013 earnings per share were reported at $2.10. The appropriate earnings per share presentation for a 2-year comparative analysis would be:


    · Question 3

    6 out of 6 point
    Book value per share may not approximate market value per share because:



    · Question 4

    6 out of 6 points

    The earnings per share is computed for:


    · Question 5

    6 out of 6 points

    A summarized income statement for Leveraged Inc. is presented below.

    Sales
    $1,000,000

    Cost of Sales
    600,000

    Gross Profit
    $ 400,000

    Operating Expenses
    250,000

    Operating Income
    $ 150,000

    Interest Expense
    30,000

    Earnings Before Tax
    $ 120,000

    Income Tax
    40,000

    Net Income
    $ 80,000

    The degree of financial leverage is:


    · Question 6

    6 out of 6 points

    Stable dividend policy would most commonly imply:



    · Question 7

    6 out of 6 points


    There are many definitions or descriptions given to financial failure. Which of the following does not appear to be a reasonable definition or description:


    · Question 8

    6 out of 6 points

    Which of the following depreciation methods is considered to be the least conservative?



    · Question 9

    6 out of 6 points

    Which of the following ratios is given the highest significance rating by controllers?


    · Question 10

    6 out of 6 points

    Which of the following variables indicates a measure of cumulative profitability over time?


    · Question 11

    6 out of 6 points

    Which of the following ratios is a primary measure of liquidity according to the corporate controller survey?


    · Question 12

    6 out of 6 points

    Which of the following is not a multiple approach to valuation?


    · Question 13

    6 out of 6 points

    Using only unit-based activity drivers to assign nonunit-related overhead costs can cause


    · Question 14

    6 out of 6 points

    ____ is concerned with doing the activity right the first time it is performed.


    · Question 15

    6 out of 6 point

    Which is defined as a category of quality-related costs?


    · Question 16

    6 out of 6 points

    The time required to produce one unit of a product is the


    · Question 17

    6 out of 6 points

    ____ can help a company become more competitive by providing more accurate cost data.


    · Question 18

    6 out of 6 points

    A list of activities accompanied by information that describes each activity is an activity ____.


    · Question 19

    6 out of 6 points


    A(n) ____ ratio measures the proportion of an activity consumed by a product.



    · Question 20

    6 out of 6 points

    A formula for the accounting rate of return is


    · Question 21

    6 out of 6 points

    The capital investment decision making model that assumes that each cash inflow is reinvested at the required rate of return is


    · Question 22

    0 out of 6 points

    Which of the following provides an absolute dollar measure?


    · Question 23

    6 out of 6 points


    The internal rate of return is defined as


    · Question 24

    6 out of 6 points

    Which of the following is a disadvantage of post audits?


    · Question 25

    6 out of 6 points
    The earning of interest on interest is


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