fall_2008_key_2_website

fall_2008_key_2_website - Multiple Choice Circle answer on...

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A. $ 586,700 B. $ 216,700 C. $ 270,000 D. $ 578,600 E. None of the above A. $ 103,050 B. $ 83,050 C. $ 63,050 D. $ 193,050 E. None of the above A. $ 240,500 B. $ 234,500 C. $ 220,000 D. $ 154,000 E. None of the above A. $ 6.36 B. $ 2.09 C. $ 0.77 D. $ 1.40 E. None of the above would include A. Cash paid for Interest, Cash Paid for Taxes and Cash Paid for Land B. Cash Paid for Working Capital, Cash Paid for Land, and Interest Expense C. Cash Exchanged for Land Multiple Choice Circle answer on exam AND bubble in on scan sheet. (6 poin The next 18 questions refer to Darby and JD = s financial statements. 1) The Total Assets at December 31, 2008 was: 2) The Total Current Liabilities at December 31, 2008 was (be careful!) 3) The Income from Operations was 4) The EPS was 5) The “Supplemental Information” section of the Cash Flow Statement for Darby an
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D. CashCash Exchanged for Land E. None of the above describes A. $ 264,000 B. $ 260,000 C. $ 266,000 D. $ 268,000 E. None of the above A. $ 208,100 B. $ 148,100 C. $ 54,100 D. $ 198,100 E. None of the above A. ($ 160,000) B. ($ 260,000) C. ($ 190,000) D. ($ 200,000) E. None of the above A. $ 60,000 B. $ 40,000 C. $ 100,000 D. $ 120,000 E. None of the above A. $ 3,750 B. $ 3,250 C. $ 15,000 D. $ 14,500 E. None of the above 6) The cash paid for wages in 2008 was: 7) On the Cash Flow Statement, the Cash Flow from Operations was 8) On the Cash Flow Statement, the Cash Flow from (Used by) Investing Activities was 9) On the Cash Flow Statement, the Cash Flow from (Used by) Financing Activities was 10) In the “Supplemental Information” section, the Cash Paid for Interest was
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A. $ 5,000 B. $ 71,000 C. $ 66,000 D. $ 61,000 E. None of the above A. $ 234,500 B. $ 1,400,000 C. $ 154,000 D. $ 220,000 E. None of the above of Cash Flows? A. Decrease in Inventory C. Increase in Accounts Payable D. Net Income E. None of the above A. $ 206,700 B. $ 236,700 C. $ 216,700 D. $ 246,700 E. None of the above A. $ 180,000 B. $ 430,000 C. $ 220,000 D. $ 370,000 E. None of the above A. Payment on Note Payable ($ 35,000) B. Issuance of Common Stock $ 80,000 C. Issuance of Common Stock $ 140,000 11) In the “Supplemental Information” section, The Cash Paid for Taxes was 12) 13) Which of the following will NOT appear in the Operating Activities section of the St B. Add: Accumulated Depreciation 14) 15) 16) For Darby & JD’s, Financing Activities will include
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D. Payment of Interest ($ 15,000) E. None of the above A. $ 30,000 B. $ 15,000 C. $ 10,000 D. $ 55,000 E. None of the above A. Purchase of land ($100,000) B. Sale of equipment $ 10,000 C. Payment for land ($ 40,000) D. Increase in Accumulated Depreciation $60,000 E. None of the above company is C. A service company has no Cost of Goods Sold D. A retail company includes interest in the operating expense section
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This note was uploaded on 09/12/2010 for the course ACCT 101 taught by Professor Drkirch during the Spring '10 term at Ohio University- Athens.

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fall_2008_key_2_website - Multiple Choice Circle answer on...

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