ADM 1340 Study Guide - Quiz Guide: Accounts Payable, Retained Earnings, Financial Statement
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ADM 1340 Full Course Notes
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Instructions: this quiz is 30 minutes in length, this is a close-book, close-notes exam, a calculator is allowed, please write or print neatly. The school of management does not condone academic fraud, an act by a student that may result in a false academic evaluation of that student or of another student. I have read the text on academic integrity and i pledge not to have committed or attempted to commit academic fraud in this examination. Note: an examination copy or booklet without that signed statement will not be graded and will receive a final exam grade of zero. The following items are taken from the financial statements of la brea ltd. for the fiscal year ended. Instructions (a) prepare a classified statement of financial position for la brea ltd. at december 31, 2012, 210,000 assuming the note payable is a non-current liability. (b) calculate the current ratio, debt to total assets, and earnings per share.