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ACG3101 Discussion Board

Feel free to ask any questions regarding FAR 1 (ACG3101) material or in general about the class! Remember, its Automatic!


If you have questions about a specific textbook problem or question in a review packet, please be very clear (Exam 1 Review, page 18, question #, etc).


Good luck studying!



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5 Comments


livtrlak
Apr 29, 2024

For the exam 3 review ch 19 question 1 I am very confused on the dates you are getting and how you got the 34,000 for the second amount of shares

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Madison Colby
Madison Colby
Apr 26, 2024

For ch 16 problems in the exam review packet, #17/18, how did you know that warranty expense was reversing for this?

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Danny Shapiro
Danny Shapiro
Mar 23, 2024

When will the Mock Exam 2 be posted for us to take?

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bmz21
Oct 21, 2023

I'm confused on Exam 2 review, Chap 5, question 4. My understanding to solve for annuities due like part A was to reduce N by 1 and add the original deposit amount. I did 15k * 3.1699 and then added 15k to get 62548.5, could you explain how to do each part of the question?

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Sarah Garavaglia
Sarah Garavaglia
Oct 22, 2023
Replying to

the problem asks how much Johnny will have accumulated (future value) and you found the present value of the deposits. all you need to do now is use the pv of a dollar table to find FV. 62548.5=FV(.6209) n=5 i=10. Solve for FV, FV=100738

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