ACC 422 Expect Success/uophelp.com ACC 422 Expect Success/uophelp.com | Page 2

ACC 422 Week 5 Individual Assignment From The Text E13-1,E137,E13-11 And E13-13 ACC 422 Week 5 Learning Team Assignment From The Text P134,E14-21 And E21-7 ACC 422 week 5 Learning Team Problem Presentation =============================================== ACC 422 Final Exam Guide 1 For more course tutorials visit www.uophelp.com 1. Kraft Enterprises owns the following assets at December 31, 2012. Cash in bank– 67,51 26,44 Checking account balance savings account 6 5 Cash on hand 9,478 Postdated checks 753 Cash refund due from IR 40,32 Certificates of deposit (180 94,75 S 4 -day) 4 What amount should be reported as cash? Question 2 Presented below is information related to Rembrandt Inc.’s inventory. (per unit) Skis Boots Pa rkas Historical Cost 273.79 152.75 76 .37 Selling Price 312.70 208.95 10 6.27 Cost to distribute 27.38 11.53 3.6 0 Current replacement cost 292.52 151.31 73 .49 Normal profit margin 46.11 41.79 30 .62 Determine the following: Question 3