ACCT 202 Final Exam Review Indicate which section (Operating, In the following transaction would be found: Selling shares of Microsoft Stock held for appl Buying treasury stock Paying principal on a long-term loan Receiving dividends from Microsoft on shares owne Selling a delivery truck Purchasing inventory for resale Purchasing a bulldozer to be used in operations Paying wages to employees Paying interest on a long-term note payable Issuing common stock Paying dividends to stockholders Issuing a bond payable 1. A B С D E F G H 1 K L Indicate whether each of the following items should be of cash flows using the Direct or Indirect method. A Cash paid for inventory B Depreciation с Increase in accounts receivable D Increase in inventory E Decrease in prepaid expenses F Gain on sale of equipment G Cash received from customers H Cash paid to employees f 2. Use the following to answer the next two questions: The following present balance sheet information for the cu Currd Current assets Long-term assets O O e so Click to add notes Del EM Ed Notes 11-08 AM permission. Source: Robert Barro and Xavier Sala-i-Martin, Economic Growth (New York: McGraw-Hill, 1995), p. 27. Reprinted with (a) World sample Log (real per capita GDP in 1960) 10 9 8 7 5 -0.025 9 (b) OECD sample Log (real per capita GDP in 1960) 8.0 7.5 7.0 0.015 0.000 8.5 96 9.0 0.020 0.025 0.025 Per capita growth rate, 1960-1985 0.030 Growth rate, 1960-1985 0.050 0.035 0.075 0.040 0.045 rate, and similar depreciation rate will converge Countries with similar population growth, similar saving Long-Run Convergence LED Editing Select Shape Effects Shape Outline bac Replace Find Br Shape Fill Drawing Styles Arrange Quick Paragraph Convert to SmartArt Align Text Il Test Direction tZ2V А доо Tell me what you want to do Acrobat View Review Aide Show Class4 Classic Theories2.ppt (Compatibility Mode] - PowerPoint wa Shuichiro Nishioka
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