Bank deposits made by individuals cannot be commingled by the bank for its own use
Indicate whether the statement is true or false
False
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Once cash receipts and cash payments have been established, the cash increase or decrease is added to the period's beginning balance to arrive at a projected cash balance at period end
Indicate whether the statement is true or false
Which of the following sections of the statement of cash flows include activities that affect net income on the income statement?
A) the financing activities section B) the operating activities section C) the investing activities section D) the non-cash investing and financing section
In the national organization Toastmasters, members are required to speak on a regular basis. In one situation, a member pulls a topic from a hat, spends a few minutes preparing, and then gives a 3-5 minute presentation on the topic. What kind of delivery is this?
a. Memorized b. Scripted c. Written-and-read d. Impromptu
Which of the following will lead to an increase in earnings per share?
A) an increase in the P/E ratio. B) an increase in the dividend payout ratio. C) an increase in return on equity if book value per share stays the same. D) a decrease in the number of shares if return on equity stays the same.