PHL 110 Midterm: Midterm Spring Summer 2009 A-Student.docx
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Notes: this is a closed book exam. You may only have pens, pencils and a calculator at your desk: a formula sheet is attached to the end of the exam. You may detach the formula sheet from the exam: please fill out the scanner sheet as you go along in the exam. You will not be given extra time at the end of the exam to fill it out: select the best possible answer for each multiple-choice question, each of the 30 mc questions is worth 1 mark. Use the financial statements for blue bird inc. for questions 1-5. 2: what was the dividend paid, , , . Use the financial statements for smith co. for questions 6-12. Balance sheets as of december 31, 2005 and 2006. ,580 ,925: assume smith co. is expecting a 22% increase in sales and all levels are optimal.
