Balance Sheet
What is the first item listed under assets?
Cash
What is the bottom number on the income statement?
Net income
What is the name of Indiana's new basketball coach?
Mike Woodson
What days are professional events held on?
Wednesdays
What county is Bloomington in?
Monroe County
What is the account that displays the amount of money a company owes?
Accounts payable
What does COGS stand for?
cost of goods sold
What is the name of the Indiana University marching band?
The Marching Hundred
What are the three types of events SAS holds?
What is the biggest lake in Bloomington?
Monroe Lake
What does liabilities + stockholders equity equal?
Assets
What is the normal balance of an expense?
Debit
What is the name of IU's official alma mater?
"Hail to Old IU"
Who is the current president of SAS?
Eric Akelson
How many restaurants are in downtown Bloomington? (within 10)
Around 100
What is the account that lowers the net value of equipment?
Accumulated depreciation
What is sales - cost of goods sold?
Gross profit
How many students does IU have?
Around 48,000
How many officers does SAS have?
19
What year was IU founded?
1820
What is the type of account that decreases an asset?
Contra asset
What is the normal balance of sales returns and allowances?
Debit
Business
Who founded SAS?
Ed Kelley
What kind of building material is Bloomington famous for?
Limestone