ACC432 Final Exam Complete Solution

Question: #429

Read the following instructions in order to complete his assignment and review the example of how to complete the math required for this assignment, and review the example of how to complete the math required for this assignment:
•Read problem 98 on page 371 of Elementary and Intermediate Algebra. Along with factoring, this problem also requires the use of the Pythagorean Theorem to solve it.

Buried treasure. Ahmed has half of a treasure map,which indicates that the treasure is buried in the desert 2x + 6 paces from Castle Rock. Vanessa has the other half of the map. Her half indicates that to find the treasure, one must get to Castle Rock, walk x paces to the north, and then walk 2x + 4 paces to the east. If they share their information, then they can find x and save a lot of digging. What is x?

?On your scratch paper, draw a diagram which includes the location of Castle Rock and the dimensions of a triangle with the given number of paces. Seeing the relationship of the sides and where the right angle is will help you know how to apply the Theorem. You may include the diagram in your paper but are not required to do so.

?Write the equation first by inserting the given binomials into the Pythagorean Theorem. Once you have your equation written, solve it using the methods from section 5.6 of Elementary and Intermediate Algebra. Show all steps and explain what you are doing as you go.

•Write a two- to three-page paper that is formatted in APA style and according to the Math Writing Guide. Format your math work as shown in the Instructor Guidance and be concise in your reasoning. In the body of your essay, do the following:

?Demonstrate your solution to the above problem, making sure to include all mathematical work and an explanation for each step.

?Explain which solution to the equation is the best solution and why it is the best solution. How many steps is the map from Castle Rock?

?Incorporate the following four math vocabulary words into your writing. Use bold font to emphasize these words in your writing (Do not write definitions for the words; use them appropriately in sentences describing your math work):

?Quadratic

?Zero factor

Pythagorean Theorem
?Compound equation

Solution: #447

ACC432/ACC432 Final Exam Complete Solution

1) Proceeds from an issue of debt securities having stock warrants should NOT be allocated between debt and equity features when

A. the allocation would result in a discount on the debt security.

B. the warrants issued with the debt securities are nondetachable.

C. exercise of the warrants within the next few fiscal periods seems remote.

D. the market value of the warrants is NOT readily available.

2) The conversion of preferred stock may be recorded by the

A. market value method.

B. par value method.

C. book value method.

D. incremental method.

3) The conversion of preferred stock into common stock requires that any excess of the par value of the common shares issued over the carrying amount of the preferred being converted should be

A. treated as a prior period adjustment.

B. treated as a direct reduction of retained earnings.

C. reflected currently in income as an extraordinary item.

D. reflected currently in income, but NOT as an extraordinary item.

4) A primary source of stockholders' equity is

A. contributions by stockholders.

B. both income retained by the corporation and contributions by stockholders.

C. appropriated retained earnings.

D. income retained by the corporation.

5) Stockholders' equity is generally classified into two major categories:

A. retained earnings and unappropriated capital.

B. earned capital and contributed capital.