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Homework Quotes

  1. wall-e* wall-e*
    posted a quote
    December 8, 2015 5:08pm UTC
    i like to eat when i'm doing my homework. and i do my homework in my bed.
    i lose so many cheerios in my bed, it's not even funny.

  2. Etsimaresei Etsimaresei
    posted a quote
    November 6, 2015 1:25pm UTC
    Today, I opened my window and thought: 34 = 3*3*3*3=81. So, H2O is water.
    Then, I understood that I was still trying to do my hw.
    HATE HW AND SCHOOL!!!!

  3. Etsimaresei Etsimaresei
    posted a quote
    November 5, 2015 2:50pm UTC
    C-O-M-P-U-T-E-R
    C is for chair
    O is for online
    M is for making new friends
    P is for playing games
    U is for username
    T is for typing
    E is for eating popcorn when watching a movie
    R is for rating
    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
    C-L-A-S-S
    C is for coming in
    L is for lying on the desk
    A is for a stupid person comes in
    S is for sitting on chairs
    S is for sleeping
    ~~~~~~~~~~~~~~~~~~~~~~~~~~~
    H-O-M-E-W-O-R-K
    H is for hate
    O is for omg, how boring!
    M is for Maths
    E is for English
    W is for writing
    O is for oh, I need a break
    R is for reading
    K is for kk, I'm finished!
    ~~~~~~~~~~~~~~~~~~~~~~~~
    Note: I know that they are not very funny, but I just tried. It's difficult, trust me.

  4. Homeworklance Homeworklance
    posted a quote
    April 25, 2015 4:08pm UTC
    ACCT 504 Final Exam Solutions 100% Correct Answers
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    (Product Description)
    (TCO A) Which one of the following is an advantage of corporations relative to partnerships and sole proprietorships? (Points : 5)
    Reduced legal liability for investors
    Harder to transfer ownership
    Lower taxes
    Most common form of organization
    (TCO A) When a corporation distributes a dividend, _____. (Points : 5)
    the most common form of distribution is a cash dividend
    the Dividends account will be increased with a credit
    the Retained Earnings account will be directly increased with a debit
    the Dividends account will be decreased with a debit
    (TCOs A, B) Below is a partial list of account balances for Cerner Company:
    Cash $5,000
    Prepaid insurance 500
    Accounts receivable 2,500
    Accounts payable 2,000
    Notes payable 3,000
    Common stock 1,000
    Dividends 500
    Revenues 15,000
    Expenses 12,500
    Under the accrual basis of accounting, revenues are recorded and reported _____.
    when companies receive payments for jobs performed or products provided
    when companies have provided products or performed services
    when companies receive payments prior to providing products or performing services
    when companies receive payments after providing products or performing services
    In a period of increasing prices, which inventory cost flow assumption will result in the highest amount of net income?
    LIFO
    The average cost method
    FIFO
    Payne Corporation issues 100 twenty-year, 6%, $1,000 bonds dated July 1, 2010, at 94. The journal entry to record the issuance will show a _____.
    debit to Cash of $100,000
    credit to Bonds Payable of $94,000
    credit to Premium on Bonds Payable of $4,000
    debit to Discount on Bonds Payable of $6,000
    What did Cerner Company show as total credits? (Points : 5)
    $21,500
    $21,000
    $20,500
    $22,000
    (TCOs B, E) Using accrual accounting, expenses are recorded and reported only _____. (Points : 5)
    when they are incurred, whether or not cash is paid
    when they are incurred and paid at the same time
    if they are paid before they are incurred
    if they are paid after they are incurred
    (TCO D) Three companies report the same cost of goods available for sale, but each employs a different inventory costing method. If the price of goods has increased during the period, then the company using _____. (Points : 5)
    LIFO will have the highest ending inventory
    FIFO will have the highest cost of goods sold
    All three companies will have the same value for ending inventory.
    average cost will have an ending inventory value that falls between FIFO and LIFO
    (TCOs A, E) Equipment with a cost of $192,000 has an estimated salvage value of $18,000 and an estimated life of 4 years or 12,000 hours. It is to be depreciated by the straight-line method. What is the amount of depreciation for the first full year, during which the equipment was used 3,300 hours? (Points : 5)
    $48,000
    $52,500
    $49,500
    $43,500
    (TCOs D, G) Joyce Corporation issues 1,000 ten-year, 8%, $1,000 bonds dated January 1, 2007, at 102. The journal entry to record the issuance will show a _____. (Points : 5)
    debit to Cash of $1,020,000
    debit to Discount on Bonds Payable for $20,000
    credit to Bonds Payable for $1,020,000
    credit to Cash for $1,000,000
    (TCO C) Accounts receivable arising from sales to customers amounted to $80,000 and $70,000 at the beginning and end of the year, respectively. Income reported on the income statement for the year was $240,000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is _____. (Points : 5)
    $240,000
    $250,000
    $310,000
    $230,000
    (TCO F) One variation of the horizontal analysis is known as _____. (Points : 5)
    nonlinear analysis
    vertical analysis
    trend analysis
    common-size analysis
    (TCO F) Comparisons of data within a company are an example of the following comparative basis. (Points : 5)
    Industry averages
    Intercompany
    Intracompany
    Interregional
    (TCO F) Which one of the following is not a characteristic generally evaluated in ratio analysis? (Points : 5)
    Liquidity
    Profitability
    Marketability of the product
    Solvency
    (TCO F) Short-term creditors are usually most interested in assessing _____. (Points : 5)
    solvency
    liquidity
    marketability
    profitability
    (TCO F) Long-term creditors are usually most interested in evaluating _____. (Points : 5)
    liquidity
    marketability
    profitability
    solvency
    (TCO G) To calculate the market value of a bond, we need to _____. (Points : 5)
    find out the present value of all of the future cash payments promised by the bond
    calculate the present value of the principal only
    calculate the present value of the interest only
    multiply the bond price by the interest rate
    (TCO A) Below you will find selected information (in millions) from Coca-Cola Co.’s 2012 Annual Report:
    …………………………………………………………………………………………………………………………………………………….
    Required:
    1. Using the information provided prepare a Balance Sheet. Separate the current assets from non-current assets and provide a total for each. Also separate the current liabilities from the non-current liabilities and provide a total for each.
    2. Using the Balance Sheet from your answer above calculate; Current Ratio, Days in Inventory, Average Collection Period, Return on Assets Ratio, Debt to Total Assets and Return on common stockholders’ equity ratio. (Make sure to show all your work)
    (TCO B) The following selected data was retrieved from the Wal-Mart, Inc. financial statements for the year ending January 31, 2013:
    ………………………………………………………………………………………………………………………………………………………………………………………………
    Required:
    Using the information provided above:
    1. Prepare a multiple-step income statement
    2. Calculate the Profit Margin, and Gross profit rate for the company. Be sure to provide the formula you are using, show your calculations, and discuss your findings/results.
    (TCO C) Please review the following real-world Hewlett Packard Statement of Cash flows and address the 2 questions below:
    ……………………………………………………………………………………………………………………………………………………………………………………….
    Required:
    1) Please calculate the percentage increase or decrease in cash for the operating, investing, and financing sections and explain the major reasons for the increase or decrease for each of these sections.
    2) Please calculate the free cash flow for 2012 and explain the meaning of this ratio.
    4. (TCO D) You are CFO of Goforit, Inc., a wholesale distribution company specializing in emerging technologies. Your CEO is a brilliant marketer, but relies on you to explain issues and choices in accounting and finance. She has heard from other members of a CEO organization to which she belongs that a company’s net income can vary widely depending on which accounting choices are made from the “GAAP menu.”
    Assuming the goal is to maximize net income, choose an accounting treatment from each of the following scenarios, and explain to your CEO why the choice will produce the desired effect on reported Net Income for the current year. Include in your answer the effect of the choice on both the income statement and balance sheet.
    Required:
    a. Goforit carries significant electronics inventory in a competitive environment where prices are actually falling. Which inventory valuation method would you choose—LIFO, FIFO, or average cost? Assume that unit purchases exceed unit sales.
    b. Goforit has a large investment in warehouse equipment including conveyor belts, forklifts, and automated packaging systems. Which depreciation method would you choose: Straight line (SL) or double declining balance (DDB)?
    (TCO F) Please review the following real-world ratios for Johnson & Johnson and Pfizer for the year ended 2012 and address the 2 questions below.
    …………………………………………………………………………………………………………………………………………………………………………………………
    Required:
    1) Please explain the meaning of each of the Pfizer ratios above.
    2) Please state which company performed better for each ratio.

  5. Homeworklance Homeworklance
    posted a quote
    April 25, 2015 4:07pm UTC
    ACCT 567 Final Exam Solutions 100% Correct Answers
    1. (TCO A) On what should the government-wide financial statements report?
    2. (TCO B) According to GASB standards, when should transfers be recognized?
    3. (TCO C) Comparisons of budgeted versus actual revenues and expenditures are a requirement of which of the following situations?
    4. (TCO D) The revenues account of a government entity is debited when
    5. (TCO E) During the year, a wealthy local businessman donated a building to city of Perris. The original cost of the building was $340,000. Accumulated depreciation at the date of the gift amounted to $220,000. The appraised fair market value of the donation at the date of the gift was $525,000 of which $35,000 was the value of the land on which the building was situated. At what amount should the city record this donated property in the governmental activities accounts at the government-wide level?
    http://homeworklance.com/downloads/acct-567-final-exam-solutions-100-correct-answers/

  6. Homeworklance Homeworklance
    posted a quote
    April 25, 2015 4:06pm UTC
    ACCT 550 Midterm Exam 100% Correct Answers
    ACCT 550 Midterm Exam 100% Correct Answers
    (TCO A) The quality of information that gives assurance that is reasonably free of error and bias and is complete is
    TCO A) Issuance of common stock for cash affects which basic element of financial statements?
    (TCO B) Retained earnings at 1/1/1X was $150,000 and at 12/31/1X it was $200,000. During 2010, cash dividends of $50,000 were paid and a stock dividend of $30,000 was issued. Both dividends were properly charged to retained earnings. You are to provide the missing closing entry. Please indicate DR (debit) or CR (credit) to the left of the account title, and place a comma between the account title and the amount of the adjustment.
    http://homeworklance.com/downloads/acct-550-midterm-exam-100-correct-answers/

  7. phee phee
    posted a quote
    March 19, 2015 4:24pm UTC
    teacher: where is your homework?
    student: ohhh written in the starss!
    teacher: where is it?
    student: a million miles away
    teacher:*sigh*what did you write about?
    student: message to the main, ohhhh
    teacher: do you want to go to summer school?
    student: seasons come and go!
    teacher: change your attitude!
    student: but i will never change.
    teacher: go to the headteacher's office!
    student: i'm on my wayyyyyyyyyy!
    teacher: wait...isn't that a song?...
    stu dent: (take s off earplugs)
    WHAT?!

  8. Crazy girl* Crazy girl*
    posted a quote
    March 3, 2015 4:49am UTC
    OMG so yesterday my little brother had music homework and he had to write about a band and so I offered to do the homework for him and I wrote a whole essay about 5 seconds of summer, it was so cool cause I wanted to write so much more but he didn't let me! anyway I have never been this excited to do homework ever, hahaha:p I probabaly sound like a weirdo but I dont care!

  9. mhamilton mhamilton
    posted a quote
    December 26, 2014 3:36pm UTC
    so today i was suppose to hang out with my
    bf until like 4 or a little bit after
    but I can't because I have beed doing hw all day
    and my dad took my phone so I can't get ahold of him
    I just feel really bad. My dad said I had to do homework today
    but since there is no time now, I hope you have a great time with Ian tonight
    and its totally fine if you don't text me,
    you don't see him that often and you see me a lot
    so its fine if you don't text me we have all break yet.
    Ik you guys are going to have a great time.
    I'm again sorry for not responding to any of you're texts that you sent me
    hope you're not mad at me
    and I love You

  10. Aggressive Butterfly * Aggressive Butterfly *
    posted a quote
    December 10, 2014 2:13pm UTC
    Me starting homework3:00- I'll start homework after a bite to eat3:30- Just one more sandwich 3:40- I should suprise my sister with brownies3:40-4:30- * Baking Brownies*4:40- Eating Brownies4:50- Helping sister with homework5:00- On witty5:30- Shower6:00- Dinner6:30- Watching Netflix8:00- OMG! I HAVE 2 TESTS AND A ESSAY DUE TOMARROW!!!😮8:05 Finding backpack8:10- More Witty9:00-10:30- Starts homework with 5 minute breakes every other math problem*Next Day*I spent like 5 hours doing homework! I am so tired !

  11. mars* mars*
    posted a quote
    November 26, 2014 3:46pm UTC
    When you're in bed and you realise you didn't do your homework-

  12. Señor Taco * Señor Taco *
    posted a quote
    November 7, 2014 4:12pm UTC
    Why do teachers give us homework over the weekend, we just get the answers from other people...

  13. wall-e* wall-e*
    posted a quote
    October 26, 2014 3:16pm UTC
    when you're supposed to be doing homework but you're on Witty
    kinda like how i am now : {] )

  14. livelaflove livelaflove
    posted a quote
    October 14, 2014 9:48pm UTC
    All of my teachers on Tuesday:
    Oh all of the Juniors are taking the PSAT Wednesday?
    Well then, ALL THE HOMEWORK IS DUE THURSDAY
    of course they can do it all in one night.

  15. GhostTown GhostTown
    posted a quote
    October 7, 2014 10:14pm UTC
    10 PM and I still haven't even started my homework or project yet.
    I have a feeling I'll be going to bed very late today.
    Ughhh.

  16. jaydoxtator jaydoxtator
    posted a quote
    September 30, 2014 12:13pm UTC
    This is for the kids that should be doing their
    homework right now.

  17. McDreamer* McDreamer*
    posted a quote
    September 8, 2014 4:55pm UTC
    Teacher: where is your homework?
    ME: I lost it fighting this kid who said you weren't the best teacher in school.

  18. FreakingPip* FreakingPip*
    posted a quote
    August 22, 2014 8:42pm UTC
    True Story:
    My little brother has claimed that the only reason I do homework is because
    I hate him (which I don't!) and therefore work in order to avoid him.
    *exasperated sigh*

  19. livelaflove livelaflove
    posted a quote
    August 6, 2014 9:07pm UTC
    THERE IS LESS THAN A MONTH
    BEFORE SCHOOL STARTS
    AND I STILL NEED TO
    READ 6 BOOKS AND WRITE 4 ESSAYS
    FOR SUMMER WORK
    FML

  20. ImmortalTurtle ImmortalTurtle
    posted a quote
    July 20, 2014 11:41pm UTC
    Oh, yeah! I need to work on that summer reading stuff!
    *opens book*
    *reads a few sentences*
    *closes book*
    *goes back to the internet*

:)

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