MidTerm Exam Review

1
Mid-Term Exam Review

• Review power point slides
• Redo homework problems
• Do end of chapter demonstration cases
• Review three quizzes I gave you
• Review self-study quizzes in book
• Go over examples in chapters

2
Demonstration Cases

• Ch Page Focus
• 1 24 See required
• 2 71 Balance sheet, JEs, T-accts
• 3 125 Income statement, JEs, T-accts
• 4 181 Adjusting and closing entries
• 6 306 Case A only
• 7 362 FIFO, LIFO, analysis

3
Demonstration Cases (contd)

• Ch Page Focus
• 8 424 All required
• 9 NM Review time value of money
• 10 529 Required
• 11 567 Required
• 16 NM Review all ratio calc. meaning

4
Formulas

• Ratio formulas will be provided
• FIFO, LIFO, Weighted Average

5
Formats

• Balance sheet
• Income statement
• Cash flow
• Retained earnings
• Adjusting worksheet

6
Logistics

• True False 27 1.5 40.5
• Multiple Choice 18 1.5 27
• Problems 5 7 35
• Total Points 102.5
• Well start at 1100 AM, or when I finish the
  Garrison lectures, which ever is sooner. We end
  at 100 PM sharp.

7
Exam Office Hours

• Wed 1/28 130 330
• Sat 1/31 800 900
• Or by email anytime

8
What to Bring

• Tranquilizers
• Scantron 882
• 2 pencils (not pens!)
• Calculator (not computer, cell phone, translator
  or any other programmable device

9
Final Comments

• Grades will be posted either late Sunday or
  Tuesday just before class