ADM 1340 Study Guide - Quiz Guide: Accounts Payable, Retained Earnings, Financial Statement

44 views5 pages
ceruleanclam927 and 54 others unlocked
ADM 1340 Full Course Notes
42
ADM 1340 Full Course Notes
Verified Note
42 documents

Document Summary

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.