I’m working on a accounting multi-part question and need support to help me study.Make sure to get familiar with the terms mentioned in all text chapters you should have read until this point (this week and last). Also, make sure you are familiar with the basic parts of an income statement and how to calculate the company tax bill. Review the practice problems from this week (as well as last) as they should help prepare you. Definitely go over the role of finance and the different types of legal forms of the company.
Remember those sections about interest rates and the primary concept of them. Know how to form an income statement and the difference between accrual versus cash basis approaches. Watch the videos talking about primary and secondary markets. Know the roles of an accountant and that of a financial manager and know about the owners of a corporation. Study yield curves.
Remember the section on how to calculate the company tax bill and marginal versus average tax rate. Make sure you reread all chapters of the text and take another glance at the solutions of the practice problems. Simply stated, take another look at the week 1 and 2 content as you prepare. If you see a formula for something as you prepare, label it and write it down. This will help you know the formula and approach to use should you see a specific type of problem again on the test. Do this before starting the test. I
would only attempt the week two test once you are ready for it and have
taken time review all content from weeks 1`and 2. That is what your
time this week should be spent doing. The test can only be accessed once
and you will have two hours to complete it.
Once you start, you must
finish it. The questions towards the end of
the test require you to use formulas and show your work. document your work! Show the formulas and steps! Those practice problems are there for a reason! I will provide access to the test.https://wilmu.instructure.com/login/saml
Requirements: ZXCasdf
