Baird Company reported depreciation expense of $27,200 and net income of $50,400 on its Year 1 income statement. During Year 1, the company's accounts receivable balance decreased by $13,600. Based on this information alone, what was the amount of cash flow from operating activities?
A. $50,400
B. $36,800
C. $91,200
D. $77,600
Answer: C
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During the 1990s, Canada suffered a net loss of skilled workers to the United States, but had high rates of immigration of highly educated workers from other nations. A brain drain is an emigration of trained and talented individuals to other nations. A brain drain is a claim used by ________ to support their position.
A) economists B) anti-globalists C) globalists D) supranational institutions E) international NGOs
_____ can be rewritten and hold its content without electric power.
Fill in the blank(s) with the appropriate word(s).
If the last dividend paid by Chemical Brothers Inc. was $1.25 and analysts expect these payments to increase 4% per year, what will the stock price be next year if the required return is 15%?
A) $11.82 B) $12.29 C) $31.25 D) $12.78 E) $23.11
Which of the following persons is NOT an agent?
A)Diane, a shoe salesperson for a retail store. B)Tim, a real estate broker for a large real estate company. C)Craig, a telephone marketing employee. D)Harold, a trustee to the beneficiaries of an estate.