On the Basis of the Following Data for Grant Co

question 144

Essay

On the basis of the following data for Grant Co. for 2011 and the preceding year ended December 31, 2010, prepare a statement of cash flows. Use the indirect method of reporting cash flows from operating activities. Assume that equipment costing $125,000 was purchased for cash and equipment costing $85,000 with accumulated depreciation of $65,000 was sold for $15,000; that the stock was issued for cash; and that the only entries in the retained earnings account were net income of $56,000 and cash dividends declared of $18,000.

Define and discuss the significance of the terms Global North and Global South.

Analyze the influence of multinational corporations on global economies, labor, and the environment.

Understand and explain microcredit as an alternative to traditional forms of international financial aid.

Critically assess the effects of foreign aid policies and debt repayment on global poverty.

---

Definitions:

Discrimination

Unjust or prejudicial treatment of different categories of people or things, especially on the grounds of race, age, or sex.

Delayed Reinforcement

A technique in conditioning where a reward or punishment is given some time after the desired or undirected behavior occurs, which may slow the learning process.

Immediate Reinforcement

the prompt delivery of a reward or consequence following a behavior, which strengthens the likelihood of the behavior being repeated.

Law Of Effect

A principle of learning proposing that behaviors followed by positive outcomes are likely to be repeated, while those followed by negative outcomes are less likely to be repeated.