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FMGT 1100- Chapter 14 Quiz(Latest) Package Deal
FMGT 1100- Chapter 14 Quiz(Latest) Questions And Answers
[Show more]FMGT 1100- Chapter 14 Quiz(Latest) Questions And Answers
[Show more]Last year, Hampton Electronics earned $3.30 per share. If a share of its stock is selling for $56, what is the firm's P-E ratio? - ANS $56/$3.30 = 16.97 
 
Saoirse McDevitt paid $65 a share for stock in GBX Corporation. The stock has a current market value of $60 a share and pays $4.70 a yea...
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Add to cartLast year, Hampton Electronics earned $3.30 per share. If a share of its stock is selling for $56, what is the firm's P-E ratio? - ANS $56/$3.30 = 16.97 
 
Saoirse McDevitt paid $65 a share for stock in GBX Corporation. The stock has a current market value of $60 a share and pays $4.70 a yea...
What is the difference between accounting and book-keeping? - ANS Accounting: an information system used to measure, organize, report and communicate information to decision makers 
Bookkeeping: physical recording of business transactions within the accounting system. 
 
Financial statements ...
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Add to cartWhat is the difference between accounting and book-keeping? - ANS Accounting: an information system used to measure, organize, report and communicate information to decision makers 
Bookkeeping: physical recording of business transactions within the accounting system. 
 
Financial statements ...
Sales taxes are not usually charged to government agencies - ANS True 
 
Electrical supply companies, auto parts distributors, and food supply companies are examples of wholesalers - ANS True 
 
A sales discount increases the revenue account Sales - ANS False 
 
Sales Discounts ...
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Add to cartSales taxes are not usually charged to government agencies - ANS True 
 
Electrical supply companies, auto parts distributors, and food supply companies are examples of wholesalers - ANS True 
 
A sales discount increases the revenue account Sales - ANS False 
 
Sales Discounts ...
what is the main objective for accounting? - ANS to provide useful information to decision makers 
 
who are the internal users of accounting information? - ANS finance, marketing, human resources, production, company officers 
 
who are external users of information? - ANS inve...
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Add to cartwhat is the main objective for accounting? - ANS to provide useful information to decision makers 
 
who are the internal users of accounting information? - ANS finance, marketing, human resources, production, company officers 
 
who are external users of information? - ANS inve...
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