Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.

Notice for ACC 371 Students Regarding The Final Exam

July 23, 2003

1. The exam will be held on Friday August 8 from 9:00 a.m. to 12:00 p.m. at the following locations:

Section 01 (TR 8:30-10:00) MC 2034Section 02 (TR 10:00-11:30) MC 2035Section 03 (TR 1:00-2:30) MC 2038

2. The exam is worth 50% of your overall grade in the course.

3. The exam consists of 7 questions. There is a total of 125 marks. The first question is worth 45 marks andconsists of 9 unrelated problems worth 5 marks each. Of the remaining questions, 3 are worth 10 marks each, 2are worth 15 marks each, and 1 is worth 20 marks. One of the 15 mark problems consists of 3 unrelated partsworth 5 marks each. For each part of this question, you will be provided with a statement and asked to determinewhether it is true, false, or uncertain, and to justify your answer. All marks on this question are based on thequality of the argument that you provide to justify your answer.

4. If needed, you will be provided with the following formulas on the exam:

• formula for a firm’s sustainable growth rate;

• formula for C∗ in the Baumol model;

• formulas for H∗, Z∗, and the average cash balance in the Miller-Orr model.

No other formulas will be provided.

5. Bring at least one calculator.

6. Provide final answers relating to percentage rates to four decimal places (e.g. 6.48% or .0648). Provide finalanswers involving dollar amounts to two decimal places (e.g. $124.17).

7. The material covered is from the entire course. However, there is an emphasis on material covered after thesecond midterm. Approximately 65 marks are based primarily on this material. About 30 marks are basedprimarily on material covered on the first midterm, and around 30 marks are based primarily on material coveredon the second midterm. You are responsible for all material with the exception of the Appendices to Chapters 2,10, and 12.

8. You are not responsible for reproducing proofs which were covered either in class or in the text on the exam.However, you may be asked questions which test your understanding of the concepts underlying these proofs.

9. The problem sets give a reasonably good indication of the level of difficulty and the material covered on theexam.

10. I will hold extra office hours before the exam as follows:

Tuesday August 5 9:30-12:00, 1:30-5:00Wednesday August 6 1:30-5:00Thursday August 7 9:30-12:00, 1:30-5:00

Note that:

• Priority will be given during office hours to students who come to the office, rather than calling on thetelephone.

• If a large number of students appear for office hours, we will move to a nearby classroom (most likely HH178 or HH 174, though a note indicating the location will be left on my office door).

11. To preserve fairness for all students, I will provide no further information regarding the final exam.