COMP XM 3 ACTUAL EXAM ALL
QUESTIONS AND WELL ELABORATED
ANSWERS UPDATE ALREADY A+
GRADED | NEW!!{REVISED}
Save
Terms in this set (16)
,The Digby's a) $312,000 b) $2,840,000 c) $260,000
workforce d) $3,408,000
complement will
grow by 10%
(rounded to the
nearest person)
automating, what
would their total
recruiting cost be?
Assume Digby
spends the same
amount extra
above the $1,000
next year. Ignoring
downsizing from
recruiting base as
they did last year.
, a) Depreciation increased by
$2,053,333.
Company Baldwin b) Cash went up when the Bond was
invested issued by $19,109,969.
$30,800,000 in c) Buying the plant had no net effect on
plant and the Cash account, because the plant
equipment last was paid for by the bond plus retained
year. The plant earnings.
investment was d) Cash was pulled from retained
funded with bonds earnings to cover the $11,690,031
at a face value of difference between the plant purchase
$19,109,969 at 12.1% and bond issue.
interest, and e) On the Balance sheet, Plant &
equity of Equipment increased by $30,800,000.
$11,690,031. f) Since the new plant was funded with
Depreciation is 15 debt and equity, on the Balance sheet
years straight line. Retained Earnings decreased by
For this transaction $11,690,031, the difference between the
alone which of the investment $30,800,000 and the bond
following $19,109.969.
statements are g) Cash went down by $30,800,000
true? when the plant was purchased.
h) On the Balance sheet, Long Term
Debt changed by $19,109,969.
QUESTIONS AND WELL ELABORATED
ANSWERS UPDATE ALREADY A+
GRADED | NEW!!{REVISED}
Save
Terms in this set (16)
,The Digby's a) $312,000 b) $2,840,000 c) $260,000
workforce d) $3,408,000
complement will
grow by 10%
(rounded to the
nearest person)
automating, what
would their total
recruiting cost be?
Assume Digby
spends the same
amount extra
above the $1,000
next year. Ignoring
downsizing from
recruiting base as
they did last year.
, a) Depreciation increased by
$2,053,333.
Company Baldwin b) Cash went up when the Bond was
invested issued by $19,109,969.
$30,800,000 in c) Buying the plant had no net effect on
plant and the Cash account, because the plant
equipment last was paid for by the bond plus retained
year. The plant earnings.
investment was d) Cash was pulled from retained
funded with bonds earnings to cover the $11,690,031
at a face value of difference between the plant purchase
$19,109,969 at 12.1% and bond issue.
interest, and e) On the Balance sheet, Plant &
equity of Equipment increased by $30,800,000.
$11,690,031. f) Since the new plant was funded with
Depreciation is 15 debt and equity, on the Balance sheet
years straight line. Retained Earnings decreased by
For this transaction $11,690,031, the difference between the
alone which of the investment $30,800,000 and the bond
following $19,109.969.
statements are g) Cash went down by $30,800,000
true? when the plant was purchased.
h) On the Balance sheet, Long Term
Debt changed by $19,109,969.
