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# Principles Of ACCOUNTING 3 Parts/ Assignments

Assignment 1: Accounting Exercises/Problems II

Due **Saturday, July 1, 2017**.

In each module of this course, you will complete textbook exercises and problems using MyAccountingLab. The exercises and problems in this assignment provide real-world examples that give you an opportunity to apply your knowledge of the concepts covered in this module.

You will have until **Saturday, July 1, 2017** to complete these exercises/problems but **it is a good idea to start them now**, which is why this assignment is placed first in this module.

Assignment 2: Discussion—Decision Case—World.com

Review Decision Case 1 (World.com) on page 186 in chapter 3. By **Saturday, July 1, 2017**, analyze the data presented in the case scenario and address the following questions in your initial post:

- Assume that the most you would pay for the business is 20 times the monthly net income you could expect to earnfrom it. Compute this possible price.
- Nicholas states that the least he will take for the business is an amount equal to the business's owner's equity balance on January 31. Compute this amount.
- Under these conditions, how much should you offer Nicholas? Give your reason.

Assignment 3: Excel Problems

At the end of each module, you will apply the module’s concepts by completing comprehensive assignments from the textbook.

Complete problems P3-43 (p. 185) and P4-38 (p. 252) in your text book.

Present your analysis of the assigned problems in Excel format. Enter non-numerical responses in the same worksheet using textboxes.

By **Wednesday, July 5, 2017** deliver your assignment to the **M2: Assignment 3 Dropbox.**

Create the file with the following name: **LastnameFirstInitial_M2A3.Excel.xls**