Cash received from the sale of a plant asset
a. Balance Sheet—Property, Plant, and Equipment
b. Balance Sheet—Intangible Assets
c. Balance Sheet—Current Assets
d. Balance Sheet—Other Assets
e. Income Statement—Operating Section
f. Income Statement—Other Revenue and Expense Section
g. Statement of Cash Flows
c, g
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When Staples introduced a new $69.99 paper-shredding device called the MailMate in 2006 by striking a two-episode deal with NBC's popular television program, The Office, it was using product placement
Indicate whether the statement is true or false
Reilly's law of retail gravitation describes
A. how consumers decide where to buy the goods and services they consume. B. how retailers choose the best products to sell for a given location. C. the profit potential for two competing stores located in close proximity. D. how many stores, on average, a consumer will visit in one shopping trip. E. the profit potential of various retail locations.
Karaoke Records Company uses the indirect method to prepare its statement of cash flows
Refer to the following sections of the comparative balance sheet: Karaoke Records Company Comparative Balance Sheet December 31, 2017 and 2016 2017 2016 Increase (Decrease) Accounts Payable $ 6,000 $ 9,000 $(3,000 ) Accrued Liabilities 3,000 1,500 1,500 Long-term Notes Payable 126,000 135,000 (9,000 ) Total Liabilities $ 135,000 $ 145,500 $(10,500 ) Common Stock 45,000 3,000 42,000 Retained Earnings 169,500 111,000 58,500 Treasury Stock (12,000 ) (7,500 ) (4,500 ) Total Equity 202,500 106,500 96,000 Total Liabilities and Stockholders' Equity $337,500 $252,000 $85,500 Additional information for 2017: • No stock was retired. • No treasury stock was sold. • The company repaid $60,000 of long-term notes payable. • The company borrowed $51,000 on a new long-term note payable. • Net income for the year was $68,000. Prepare the financing section of the statement of cash flows for the year ended December 31, 2017. What will be an ideal response
The U.S. Department of Agriculture inspects facilities engaged in egg production
a. True b. False Indicate whether the statement is true or false