A201 Final - Solutions

A201 Final - Solutions - Accounting 201 Stanford GSB Autumn...

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Accounting 201: Stanford GSB Autumn Quarter, 2007 Final Examination Solutions INSTRUCTIONS 1. Please verify that your exam contains a total of 7 pages, including this one. 2. You must enter your work and solutions in this booklet, within the spaces provided. 3. This is an individual, open-book exam; you are allowed to use a calculator. 4. The use of laptops or obtaining access to the internet in any way is prohibited . 5. You can take the test in any of the following locations: Rooms: S150, S151, S152, S161, S162, S170, S171, S180, S181, S182, S183. 6. The exam starts at 1:00 p.m. and you must return your exam by 3:00 p.m. to your assigned lockbox. Note that late exams will not be accepted and will automatically receive a grade of zero. Section Instructor Lockbox 1 Reichelstein 28 2 Larcker 31 3 Rajan 38 4 Larcker 41 5 Reichelstein 44 6 Rajan 46 The Stanford Honor Code applies to this exam. 7. Please print your full name on this cover page. NAME (PRINT): ________________________________________________________ RESULTS : PART I: Multiple Choice (27 points): ________ PART II: Financial Accounting – Short Answers (50 points): ________ PART III: Managerial Accounting – Multiple Choice (23 points): ________ TOTAL: (100 points): ________
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PART I : Multiple Choice 1. A company's return on equity (ROE) ratio is directly affected by the market price of its common stock. (2 points) A) True B) False
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