[单项选择]

Question The following information has been gathered regarding Williams Investing, which uses the straight-line method for depreciation. Depreciable life of 8 years on its assets. Net book value of assets is $ 40 million. Accumulated depreciation is $ 28 million. Salvage value is $12 million. It recently revised the estimates for the remaining useful life of its assets from 4 years to 6 years. Net income before the change is $13 million. The effective tax rate for the firm is 40 percent.

Depreciation expense for Williams Investing will decrease by:

[单项选择]Net income for Williams Investing will increase by:

[单项选择]The following information has been gathered about a firm: LIFO inventory = $10000 Beginning LIFO reserve = $ 2500 Ending LIFO reserve = $ 4000 LIFO cost of goods sold=$15000 LIFO net income = $1500 Tax rate is 40% What is the FIFO COGS

[单项选择]An analyst has gathered the following information about a company:
A. Balance Sheet
B. Assets
C. Cash
D. 100
E. Accounts Receivable
F. 750
G. Marketable Securities
H. 300
I. Inventory
J. 850
K. Property, Plant ＆ Equip
L. 900
M. Accumulated Depreciation

[单项选择]An investor has obtained the following information about Worldwide Industries, Inc. Net profit margin 8.7% Total asset turnover 2.4 times Dividendpayout ratio 35% Tax rate 35% Total sales $120 million Totalequity 40% of total assets Based on this information, Worldwide’s ROE is closest to:（）
A. 52.2%.
B. 14.5%.
C. 20.0%.

[多项选择] Question 2
Your company has been concerned with the disposal of its used computers which have not been fully depreciated. You have been asked to write a proposal concerning better ways of disposing used computers. Write your proposal, including the following..
a description of what has happened to the old computers in the past
a description of a new way of disposing of used computers
an explanation of why this new approach is sound
recommendations for further research on this approach
Question 3
Your company has been receiving complaints about the employees’ manner of answering phone calls from customers. Your manager has asked you to write a report of the problems with the way the employees handling phone calls from customers. Write the report, including the following information:
why phone calls from customers are of significance to the company
what complaints there are about the employees’ manner of answering phone

[简答题]May Ltd. has the following information: Balance Sheet as at 31 December {{U}}Year 1{{/U}} {{U}}Year 2{{/U}} {{U}}Year 3{{/U}} (＄ ’000) (＄ ’000) (＄ ’000) Fixed Assets (net) 1,600 2,250 5,750 Stock 1,500 2,000 3,500 Debtors 3,025 5,000 6,250 Bank {{U}}2,000{{/U}} {{U}}1,250{{/U}} {{U}}-{{/U}} 8,125 10,500 15,500 Creditors 2,000 2,500 3,100 Taxation

[简答题]Question 3 · Your department has recently been found to be loss efficient than others in the company, and your head of department wishes to make improvements. You have been asked to make a proposal concerning this. · Write your proposal for the head of department, outlining the current problems in efficiency giving reasons for the lack of efficiency suggesting ways of improving efficiency explaining the resources needed to implement these improvements · Write 200—250 words.

[简答题]Question 3
· Your department has recently been found to be loss efficient than others in the company, and your head of department wishes to make improvements. You have been asked to make a proposal concerning this.
· Write your proposal for the head of department,
outlining the current problems in efficiency
giving reasons for the lack of efficiency
suggesting ways of improving efficiency
explaining the resources needed to implement these improvements
· Write 200—250 words.

[填空题]How many years has she been married？
She has been married （）.

[单项选择]The question has become increasingly urgent to be solved what is the proper balance between the culture heritage and the globalization.（）
A. 如何在保护本国文化遗产与全球化之间取得合理的平衡，这个问题变得越来越亟待解决。
B. 关于本国文化遗产与全球化之间取得合理的平衡，变得更加迫切需要解决。
C. 问题变得越来越多，越来越急于解决，例如什么是文化遗产与全球化之间的平衡问题。
D. 这个问题变得越来越急于解决，什么是文化遗产与全球化之间的平衡问题。