D104 wgu exam Study guides, Class notes & Summaries
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WGU D104 Intermediate Accounting II Units 4-6 Exam Graded A+
- Exam (elaborations) • 11 pages • 2023 Popular
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Asset Turnover Ratio - ANSWER-net sales/average total assets 
 
Profit Margin Ratio - ANSWER-net income/total sales 
 
Rate of return on assets - ANSWER-net income/average total assets 
 
Current ratio - ANSWER-current assets/current liabilities 
 
acid-test ratio - ANSWER-(cash + short-term investments + net receivables) / current liabilities 
 
rate of return on common stock equity - ANSWER-(net income - preferred dividends) / average common stockholders' equity 
 
payout ratio - ANSWER-cash ...
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Intermediate Accounting II - D104 WGU Exam With 100% Verified Solutions
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Intermediate Accounting II - D104 WGU Exam With 100% Verified Solutions
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WGU D104 Intermediate Accounting II Units 2-3 Exam with Complete Solutions
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These characteristics: 
They are acquired for use in operations and not for resale. 
They are long-term in nature and usually depreciated 
They possess physical substance. 
Describe what? - ANSWER-property, plant, and equipment 
 
Only asset that is NOT depreciated - ANSWER-land 
 
PP&E - ANSWER-property, plant, and equipment 
 
historical cost - ANSWER-the cash or cash equivalent price of obtaining the asset and bringing it to the location and condition necessary for its intended use 
 
compani...
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WGU D104 Intermediate Accounting II Units 4-6 Exam Solved 100% Correct
- Exam (elaborations) • 11 pages • 2023
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Asset Turnover Ratio - ANSWER-net sales/average total assets 
 
Profit Margin Ratio - ANSWER-net income/total sales 
 
Rate of return on assets - ANSWER-net income/average total assets 
 
Current ratio - ANSWER-current assets/current liabilities 
 
acid-test ratio - ANSWER-(cash + short-term investments + net receivables) / current liabilities 
 
rate of return on common stock equity - ANSWER-(net income - preferred dividends) / average common stockholders' equity 
 
payout ratio - ANSWER-cash ...
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Intermediate Accounting II - D104 WGU Exam Study Guide Graded A 2024
- Exam (elaborations) • 7 pages • 2024
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Which method should be used to handle indirect costs of self-constructed assets? 
Assigning no variable overhead to a constructed asset 
Allocating overhead on the basis of gained production 
Assigning a pro rata portion of all overhead to the asset 
Allocating the total overhead to the asset - Assigning a pro rata portion of all overhead to the asset 
 
A company purchases land for development into a subdivision. The land has a factory building on it that will need to be demolished. 
Where shou...
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WGU D104 Exam Package Deal -Solved
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WGU D104 Intermediate Accounting II Units 4-6 Exam Graded A+
WGU D104 Personal Exam Solved 100%
WGU D104 Intermediate Accounting II Exam 2022/2023 Solved 100% Correct
WGU D104 Intermediate Accounting II Units 2-3 Exam 2022/2023 Answered 100%

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WGU D104 Exam with Verified Solutions Latest Update
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WGU D104 Exam with Verified Solutions 
Latest Update 
Data - Definition 
Numeric, textual, visual, or audio information that describes real-world systems 
Scope - Data 
Amount of data produced & collected can vary 
Format - Data 
Data may be produced as numbers, text, image, audio, or video 
Access - Data 
Some data sources are private while others are made publicly available 
Analog - Data 
Encoded as continuous variations on various physical media 
Digital - Data 
Encoded as 0s & 1s on electro...
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(WGU D104) ACCT 3621 INTERMEDIATE ACCOUNTING II FINAL EXAM REVIEW Q & A
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(WGU D104) ACCT 3621 INTERMEDIATE ACCOUNTING II FINAL EXAM REVIEW Q & A(WGU D104) ACCT 3621 INTERMEDIATE ACCOUNTING II FINAL EXAM REVIEW Q & A
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(WGU D104) ACCT 3621 INTERMEDIATE ACCOUNTING II FINAL EXAM REVIEW Q & A
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(WGU D104) ACCT 3621 INTERMEDIATE ACCOUNTING II FINAL EXAM REVIEW Q & A(WGU D104) ACCT 3621 INTERMEDIATE ACCOUNTING II FINAL EXAM REVIEW Q & A(WGU D104) ACCT 3621 INTERMEDIATE ACCOUNTING II FINAL EXAM REVIEW Q & A
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WGU D104 Intermediate Accounting II Units 2-3 Exam verified Solutions 2024/2025
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WGU D104 Intermediate Accounting II Units 
2-3 Exam verified Solutions 2024/2025 
These characteristics: 
They are acquired for use in operations and not for resale. 
They are long-term in nature and usually depreciated 
They possess physical substance. 
Describe what? - Answer -property, plant, and equipment 
Only asset that is NOT depreciated - Answer -land 
PP&E - Answer -property, plant, and equipment 
historical cost - Answer -the cash or cash equivalent price of obtaining the asset and bri...