Assume the indirect method is used to compute net cash flows from operating activities. For this item extracted from the financial statements-Interest Income (assume that cash received is equal to amount reported)-indicate the effect on net income in arriving at net cash flows from operating activities by choosing one of the following:
A) Add to net income to arrive at net cash flows from operating activities.
B) Subtract from net income to arrive at net cash flows from operating activities.
C) Not used to adjust net income to calculate net cash flows from operating activities.
C
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Which service-quality dimension refers to the knowledge and courtesy of employees?
A) responsiveness B) empathy C) reliability D) tangibles E) assurance
Under the UCC, for risk of loss purposes, the "sale on consignment" is treated like a "sale on
approval." Indicate whether the statement is true or false
If the par value of a bond is equal to the bond price, then we know the yield to maturity is equal to the coupon rate
Indicate whether the statement is true or false.
Define computer hardware and software, and list each of its components.
What will be an ideal response?