Ac 410 Final Exam

In: Business and Management

Submitted By nerdypupil
Words 13004
Pages 53
AC 410 FINAL EXAM
To purchase this visit here: http://www.nerdypupil.com/product/ac-410-final-exam/ Contact us at: nerdypupil@gmail.com AC/410 FINAL EXAM. GET A+ GRADE
AC 410 Final Exam consists on the following questions;
1. Question: When common stock is issued at an amount greater than par value, the difference between the par value and the proceeds from the sale is recorded by
2. Question: On January 1, 2010, Marvel, Inc., grants a compensatory stock option plan to 10 of its executives. The plan allows each executive to buy 1,000 shares of its $1 par common stock at $30 a share after a three-year service period. The value of each option is estimated to be $8. The company estimates it will have an annual 2% employee turnover rate during the service period. What is the compensation expense for the year ended December 31, 2011?
3. Question: Battleground, Inc. had never had a treasury stock transaction prior to 2010. It experienced the following treasury stock transactions during 2010:
4/1/2010: Reacquired 1,000 shares of its own $5 par common stock, originally sold at $12 a share, for $10 a share. This was the first time that Battleground had reacquired its own stock.
4/8/2010: Reissued 400 shares at $8 a share.
5/2/2010: Reissued 500 shares at $13 a share.
5/10/2010: Retired the remaining 100 shares.
Assuming the cost method is used, the entry to record the reissuance of 400 shares on 4/8/2010 would include a credit to Treasury Stock for $3,200 debit to Additional Paid-in Capital from Treasury Stock for $800 debit to Retained Earnings for $800 credit to Additional Paid-in Capital on Common Stock for $800
4. Question: When calculating earnings per share, dividends declared on noncumulative preferred stock, but not paid, should be
5. Question: Which of the following items would not be included in a basic earnings per share calculation?…...

Similar Documents

Hist 410 Final Exam

...A++PAPER;http://www.homeworkproviders.com/shop/hist-410-final-exam/ HIST 410 FINAL EXAM HIST 410 FINAL EXAM, HIST 410 FINAL EXAM - DEVRY Question 1.1.(TCO 1) Historical research involves four main tasks. Discoverrefers to the task of: (Points : 4) locating primary sources to learn the facts asking questions like "Who created the source and why?" analyzing all the available primary sources and judging which is the most accurate distributing the new findings to the world Question 2.2.(TCO 6) In 1917, as World War Iraged through Europe, Russia:(Points : 4) finally broke through the German army and drove into Germany defeated the Austrians and invaded the Balkans experienced two revolutions and sued for peace was completely overrun by the Germans Question 3.3.(TCO 5) All of the following were major factors that helped the Reds to win the Russian Civil War except: (Points : 4) peasants and minority nationalities feared a White victory more than a Red one Whites wanted to continue WWI Bolsheviks controlled the heartland of Russia Whites were not unified as well as Bolsheviks Question 4.4.(TCO 5) What event marked the beginning of World War II? (Points : 4) the Nazi-Soviet Pact the German invasion of Poland the Anschluss Germany's annexation of the Sudetenland Question 5.5.(TCO 9) What city was divided during the Cold War, and became a hotspot for espionage and intrigue? (Points : 4) Paris London Berlin Rome Question 6.6.(TCO 9) How did...

Words: 957 - Pages: 4

Ac 410 Final Exam a+ Grade

...AC 410 FINAL EXAM A+ GRADE To purchase this visit here: http://www.coursehomework.com/product/ac-410-final-exam-a-grade/ Contact us at: help@coursehomework.com AC 410 FINAL EXAM A+ GRADE 1. Question: When common stock is issued at an amount greater than par value, the difference between the par value and the proceeds from the sale is recorded by 2. Question: On January 1, 2010, Marvel, Inc., grants a compensatory stock option plan to 10 of its after a three-year service period. The value of each option is estimated to be $8. The company estimates it will have an annual 2% employee turnover rate during the service period. What is the executives. The plan allows each executive to buy 1,000 shares of its $1 par common stock at $30 a share compensation expense for the year ended December 31, 2011? 3. Question: Battleground, Inc. had never had a treasury stock transaction prior to 2010. It experienced the following treasury stock transactions during 2010: 4/1/2010: Reacquired 1,000 shares of its own $5 par common stock, originally sold at $12 a share, for $10 a share. This was the first time that Battleground had reacquired its own stock. 4/8/2010: Reissued 400 shares at $8 a share. 5/2/2010: Reissued 500 shares at $13 a share. 5/10/2010: Retired the remaining 100 shares. Assuming the cost method is used, the entry to record the reissuance of 400 shares on 4/8/2010 would include a credit to Treasury Stock for $3,200 debit to Additional Paid-in Capital from......

Words: 1048 - Pages: 5

Ac 430 Final Exam a+ Grade

...AC 430 FINAL EXAM A+ GRADE To purchase this visit here: http://www.coursehomework.com/product/ac-430-final-exam-a-grade/ Contact us at: help@coursehomework.com AC 430 FINAL EXAM A+ GRADE 1. Question: When common stock is issued at an amount greater than par value, the difference between the par value and the proceeds from the sale is recorded by 2. Question: On January 1, 2010, Marvel, Inc., grants a compensatory stock option plan to 10 of its executives. The plan allows each executive to buy 1,000 shares of its $1 par common stock at $30 a share after a three-year service period. The value of each option is estimated to be $8. The company estimates it will have an annual 2% employee turnover rate during the service period. What is the compensation expense for the year ended December 31, 2011? 3. Question: Battleground, Inc. had never had a treasury stock transaction prior to 2010. It experienced the following treasury stock transactions during 2010: 4/1/2010: Reacquired 1,000 shares of its own $5 par common stock, originally sold at $12 a share, for $10 a share. This was the first time that Battleground had reacquired its own stock. 4/8/2010: Reissued 400 shares at $8 a share. 5/2/2010: Reissued 500 shares at $13 a share. 5/10/2010: Retired the remaining 100 shares. Assuming the cost method is used, the entry to record the reissuance of 400 shares on 4/8/2010 would include a credit to Treasury Stock for $3,200...

Words: 262 - Pages: 2

Ac 410 Final Exam a+ Grade

...AC 410 FINAL EXAM A+ GRADE To purchase this visit here: http://www.activitymode.com/product/ac-410-final-exam-a-grade/ Contact us at: SUPPORT@ACTIVITYMODE.COM AC 410 FINAL EXAM A+ GRADE 1. Question: When common stock is issued at an amount greater than par value, the difference between the par value and the proceeds from the sale is recorded by 2. Question: On January 1, 2010, Marvel, Inc., grants a compensatory stock option plan to 10 of its after a three-year service period. The value of each option is estimated to be $8. The company estimates it will have an annual 2% employee turnover rate during the service period. What is the executives. The plan allows each executive to buy 1,000 shares of its $1 par common stock at $30 a share compensation expense for the year ended December 31, 2011? 3. Question: Battleground, Inc. had never had a treasury stock transaction prior to 2010. It experienced the following treasury stock transactions during 2010: 4/1/2010: Reacquired 1,000 shares of its own $5 par common stock, originally sold at $12 a share, for $10 a share. This was the first time that Battleground had reacquired its own stock. 4/8/2010: Reissued 400 shares at $8 a share. 5/2/2010: Reissued 500 shares at $13 a share. 5/10/2010: Retired the remaining 100 shares. Assuming the cost method is used, the entry to record the reissuance of 400 shares on 4/8/2010 would include a credit to Treasury Stock for $3,200 debit to Additional Paid-in Capital from......

Words: 1048 - Pages: 5

Ac 430 Final Exam a+ Grade

...AC 430 FINAL EXAM A+ GRADE To purchase this visit here: http://www.activitymode.com/product/ac-430-final-exam-a-grade/ Contact us at: SUPPORT@ACTIVITYMODE.COM AC 430 FINAL EXAM A+ GRADE 1. Question: When common stock is issued at an amount greater than par value, the difference between the par value and the proceeds from the sale is recorded by 2. Question: On January 1, 2010, Marvel, Inc., grants a compensatory stock option plan to 10 of its executives. The plan allows each executive to buy 1,000 shares of its $1 par common stock at $30 a share after a three-year service period. The value of each option is estimated to be $8. The company estimates it will have an annual 2% employee turnover rate during the service period. What is the compensation expense for the year ended December 31, 2011? 3. Question: Battleground, Inc. had never had a treasury stock transaction prior to 2010. It experienced the following treasury stock transactions during 2010: 4/1/2010: Reacquired 1,000 shares of its own $5 par common stock, originally sold at $12 a share, for $10 a share. This was the first time that Battleground had reacquired its own stock. 4/8/2010: Reissued 400 shares at $8 a share. 5/2/2010: Reissued 500 shares at $13 a share. 5/10/2010: Retired the remaining 100 shares. Assuming the cost method is used, the entry to record the reissuance of 400 shares on 4/8/2010 would include a credit to Treasury Stock for $3,200 AC 430 FINAL EXAM A+ GRADE To purchase this......

Words: 786 - Pages: 4

Ac 430 Final Exam

...AC 430 FINAL EXAM To purchase this visit here: http://www.nerdypupil.com/product/ac-430-final-exam/ Contact us at: nerdypupil@gmail.com AC 430 FINAL EXAM 1. Question: When common stock is issued at an amount greater than par value, the difference between the par value and the proceeds from the sale is recorded by 2. Question: On January 1, 2010, Marvel, Inc., grants a compensatory stock option plan to 10 of its executives. The plan allows each executive to buy 1,000 shares of its $1 par common stock at $30 a share after a three-year service period. The value of each option is estimated to be $8. The company estimates it will have an annual 2% employee turnover rate during the service period. What is the compensation expense for the year ended December 31, 2011? 3. Question: Battleground, Inc. had never had a treasury stock transaction prior to 2010. It experienced the following treasury stock transactions during 2010: 4/1/2010: Reacquired 1,000 shares of its own $5 par common stock, originally sold at $12 a share, for $10 a share. This was the first time that Battleground had reacquired its own stock. 4/8/2010: Reissued 400 shares at $8 a share. 5/2/2010: Reissued 500 shares at $13 a share. 5/10/2010: Retired the remaining 100 shares. Assuming the cost method is used, the entry to record the reissuance of 400 shares on 4/8/2010 would include a credit to Treasury Stock for $3,200 debit to Additional Paid-in Capital from Treasury Stock for $800 debit to......

Words: 3239 - Pages: 13

Fin 410 Final Exam

...FIN 410 FINAL EXAM To purchase this visit here: http://www.activitymode.com/product/fin-410-final-exam/ Contact us at: SUPPORT@ACTIVITYMODE.COM FIN 410 FINAL EXAM 1. You have a portfolio with a beta of 3.1. What will be the new portfolio beta if you keep 85 percent of your money in the old portfolio and 15 percent in a stock with a beta of 4.5? 2. PNB Industries has 20 million shares of common stock outstanding with a market price of $18.00 per share. The company also has outstanding preferred stock with a market value of 50 million, and $500,000 bonds outstanding, each with face value $1,000 and selling at 97% of par value. The cost of equity is 15%, the cost of preferred is 12% and the cost of debt is 8.50%. If PNB’s tax rate is 40%, what is the WACC? 3. A 2 – year Treasury security currently earns 5.13%. Over the next 2 years, the real interest rate is expected to be 2.15% per year and the inflation premium is expected to be 1.75% per year. Calculate the maturity risk premium on the 2 year Treasury Security. 4. Which of the following statements is correct? 5. Netflicks, Inc. has a beta of 3.61. If the market return is expected to be 13.2 percent and the risk free rate is 7%, what is Netflick’s risk premium? 6. Which of the following is incorrect? 7. Financial analysts forecast ABC Inc. growth for the future to be 12%. ABC’s recent dividend was $1.60. What is the value of ABC stock when the required return is 15%? 8. Which of the following is not correct with...

Words: 1616 - Pages: 7

Ac 492 Final Exam

...AC 492 Final Exam Click Link Below To Buy: http://hwcampus.com/shop/ac-492-final-exam/ Or Visit www.hwcampus.com 1. The specific audit objective that all purchases and cash disbursements made during the period were recorded relates to: existence or occurrence. presentation and disclosure. rights and obligations. completeness. 2. The use of the computer to compare production hours to direct labor hours on daily production reports relates to the: rights and obligations assertion. completeness assertion. existence or occurrence assertion. valuation or allocation assertion. 3. During the count of cash on hand, it is NOT necessary for the auditor to: insist on the presence of the custodian of the cash throughout the count. insist on the presence of an internal auditor throughout the count. obtain a signed receipt from the custodian on return of the funds. control both cash and non-cash negotiable instruments held by the client. 4. By definition, subsequent events occur between: the report date and the date the report is issued. the interim and balance sheet date. the balance sheet date and the report date. the balance sheet date and the date the report is issued. 5. The expenditure cycle would include: payroll transactions. payments by check. the purchase of another entity’s stocks. the purchase of treasury stock. 6. The specific account balance audit objective, plant assets and related expenses are properly identified and......

Words: 1452 - Pages: 6

Ac 492 Final Exam

...AC 492 Final Exam Click Link Below To Buy: http://hwcampus.com/shop/ac-492-final-exam/ Or Visit www.hwcampus.com 1. The specific audit objective that all purchases and cash disbursements made during the period were recorded relates to: existence or occurrence. presentation and disclosure. rights and obligations. completeness. 2. The use of the computer to compare production hours to direct labor hours on daily production reports relates to the: rights and obligations assertion. completeness assertion. existence or occurrence assertion. valuation or allocation assertion. 3. During the count of cash on hand, it is NOT necessary for the auditor to: insist on the presence of the custodian of the cash throughout the count. insist on the presence of an internal auditor throughout the count. obtain a signed receipt from the custodian on return of the funds. control both cash and non-cash negotiable instruments held by the client. 4. By definition, subsequent events occur between: the report date and the date the report is issued. the interim and balance sheet date. the balance sheet date and the report date. the balance sheet date and the date the report is issued. 5. The expenditure cycle would include: payroll transactions. payments by check. the purchase of another entity’s stocks. the purchase of treasury stock. 6. The specific account balance audit objective, plant assets and related expenses are properly identified and......

Words: 1452 - Pages: 6

Ac 430 Final Exam a+ Grade

...AC 430 FINAL EXAM A+ GRADE To purchase this tutorial visit here: http://mindsblow.us/question_des/AC430FINALEXAMAGRADE/8 contact us at: help@mindblows.us AC 430 FINAL EXAM A+ GRADE 1. Question: When common stock is issued at an amount greater than par value, the difference between the par value and the proceeds from the sale is recorded by 2. Question: On January 1, 2010, Marvel, Inc., grants a compensatory stock option plan to 10 of its executives. The plan allows each executive to buy 1,000 shares of its $1 par common stock at $30 a share after a three-year service period. The value of each option is estimated to be $8. The company estimates it will have an annual 2% employee turnover rate during the service period. What is the compensation expense for the year ended December 31, 2011? 3. Question: Battleground, Inc. had never had a treasury stock transaction prior to 2010. It experienced the following treasury stock transactions during 2010: 4/1/2010: Reacquired 1,000 shares of its own $5 par common stock, originally sold at $12 a share, for $10 a share. This was the first time that Battleground had reacquired its own stock. 4/8/2010: Reissued 400 shares at $8 a share. 5/2/2010: Reissued 500 shares at $13 a share. 5/10/2010: Retired the remaining 100 shares. Assuming the cost method is used, the entry to record the reissuance of 400 shares on 4/8/2010 would include a credit to Treasury Stock for $3,200 debit to Additional Paid-in Capital from Treasury Stock......

Words: 6904 - Pages: 28

Ac 410 Final Exam a+ Grade

...AC 410 FINAL EXAM A+ GRADE To purchase this tutorial visit here: http://mindsblow.us/question_des/AC410FINALEXAMAGRADE/5 contact us at: help@mindblows.us AC 410 FINAL EXAM A+ GRADE 1. Question: When common stock is issued at an amount greater than par value, the difference between the par value and the proceeds from the sale is recorded by 2. Question: On January 1, 2010, Marvel, Inc., grants a compensatory stock option plan to 10 of its executives. The plan allows each executive to buy 1,000 shares of its $1 par common stock at $30 a share after a three-year service period. The value of each option is estimated to be $8. The company estimates it will have an annual 2% employee turnover rate during the service period. What is the compensation expense for the year ended December 31, 2011? 3. Question: Battleground, Inc. had never had a treasury stock transaction prior to 2010. It experienced the following treasury stock transactions during 2010: 4/1/2010: Reacquired 1,000 shares of its own $5 par common stock, originally sold at $12 a share, for $10 a share. This was the first time that Battleground had reacquired its own stock. 4/8/2010: Reissued 400 shares at $8 a share. 5/2/2010: Reissued 500 shares at $13 a share. 5/10/2010: Retired the remaining 100 shares. Assuming the cost method is used, the entry to record the reissuance of 400 shares on 4/8/2010 would include a credit to Treasury Stock for $3,200 debit to Additional Paid-in Capital from Treasury Stock......

Words: 4780 - Pages: 20

Ac 430 Final Exam a Grade

...AC 430 FINAL EXAM A GRADE TO purchase this tutorial visit following link: http://wiseamerican.us/product/ac-430-final-exam-grade/ Contact us at: SUPPORT@WISEAMERICAN.US 1. Question: When common stock is issued at an amount greater than par value, the difference between the par value and the proceeds from the sale is recorded by 2. Question: On January 1, 2010, Marvel, Inc., grants a compensatory stock option plan to 10 of its executives. The plan allows each executive to buy 1,000 shares of its $1 par common stock at $30 a share after a three-year service period. The value of each option is estimated to be $8. The company estimates it will have an annual 2% employee turnover rate during the service period. What is the compensation expense for the year ended December 31, 2011? 3. Question: Battleground, Inc. had never had a treasury stock transaction prior to 2010. It experienced the following treasury stock transactions during 2010: 4/1/2010: Reacquired 1,000 shares of its own $5 par common stock, originally sold at $12 a share, for $10 a share. This was the first time that Battleground had reacquired its own stock. 4/8/2010: Reissued 400 shares at $8 a share. 5/2/2010: Reissued 500 shares at $13 a share. 5/10/2010: Retired the remaining 100 shares. Assuming the cost method is used, the entry to record the reissuance of 400 shares on 4/8/2010 would include a credit to Treasury Stock for $3,200 debit to Additional Paid-in Capital from Treasury Stock for......

Words: 3239 - Pages: 13

Ac 410 Final Exam a Grade

...AC 410 FINAL EXAM A GRADE TO purchase this tutorial visit following link: http://wiseamerican.us/product/ac-410-final-exam-grade/ Contact us at: SUPPORT@WISEAMERICAN.US 1. Question: When common stock is issued at an amount greater than par value, the difference between the par value and the proceeds from the sale is recorded by 2. Question: On January 1, 2010, Marvel, Inc., grants a compensatory stock option plan to 10 of its executives. The plan allows each executive to buy 1,000 shares of its $1 par common stock at $30 a share after a three-year service period. The value of each option is estimated to be $8. The company estimates it will have an annual 2% employee turnover rate during the service period. What is the compensation expense for the year ended December 31, 2011? 3. Question: Battleground, Inc. had never had a treasury stock transaction prior to 2010. It experienced the following treasury stock transactions during 2010: 4/1/2010: Reacquired 1,000 shares of its own $5 par common stock, originally sold at $12 a share, for $10 a share. This was the first time that Battleground had reacquired its own stock. 4/8/2010: Reissued 400 shares at $8 a share. 5/2/2010: Reissued 500 shares at $13 a share. 5/10/2010: Retired the remaining 100 shares. Assuming the cost method is used, the entry to record the reissuance of 400 shares on 4/8/2010 would include a credit to Treasury Stock for $3,200 debit to Additional Paid-in Capital from Treasury Stock for......

Words: 3239 - Pages: 13

Ac 492 Final Exam

...AC 492 Final Exam Click Link Below To Buy: http://hwcampus.com/shop/ac-492-final-exam/ Or Visit www.hwcampus.com 1. The specific audit objective that all purchases and cash disbursements made during the period were recorded relates to: existence or occurrence. presentation and disclosure. rights and obligations. completeness. 2. The use of the computer to compare production hours to direct labor hours on daily production reports relates to the: rights and obligations assertion. completeness assertion. existence or occurrence assertion. valuation or allocation assertion. 3. During the count of cash on hand, it is NOT necessary for the auditor to: insist on the presence of the custodian of the cash throughout the count. insist on the presence of an internal auditor throughout the count. obtain a signed receipt from the custodian on return of the funds. control both cash and non-cash negotiable instruments held by the client. 4. By definition, subsequent events occur between: the report date and the date the report is issued. the interim and balance sheet date. the balance sheet date and the report date. the balance sheet date and the date the report is issued. 5. The expenditure cycle would include: payroll transactions. payments by check. the purchase of another entity’s stocks. the purchase of treasury stock. 6. The specific account balance audit objective, plant assets and related expenses are properly identified and......

Words: 1452 - Pages: 6

Ac 410 Final Exam a Grade

...AC 410 FINAL EXAM A GRADE TO purchase this tutorial visit following link: http://wiseamerican.us/product/ac-410-final-exam-grade/ Contact us at: SUPPORT@WISEAMERICAN.US 1. Question: When common stock is issued at an amount greater than par value, the difference between the par value and the proceeds from the sale is recorded by 2. Question: On January 1, 2010, Marvel, Inc., grants a compensatory stock option plan to 10 of its executives. The plan allows each executive to buy 1,000 shares of its $1 par common stock at $30 a share after a three-year service period. The value of each option is estimated to be $8. The company estimates it will have an annual 2% employee turnover rate during the service period. What is the compensation expense for the year ended December 31, 2011? 3. Question: Battleground, Inc. had never had a treasury stock transaction prior to 2010. It experienced the following treasury stock transactions during 2010: 4/1/2010: Reacquired 1,000 shares of its own $5 par common stock, originally sold at $12 a share, for $10 a share. This was the first time that Battleground had reacquired its own stock. 4/8/2010: Reissued 400 shares at $8 a share. 5/2/2010: Reissued 500 shares at $13 a share. 5/10/2010: Retired the remaining 100 shares. Assuming the cost method is used, the entry to record the reissuance of 400 shares on 4/8/2010 would include a credit to Treasury Stock for $3,200 debit to Additional Paid-in Capital from Treasury Stock for......

Words: 3239 - Pages: 13