Cash paid to purchase equipment is classified in which section of the statement of cash flows?
A) Operating
B) Investing
C) Financing
D) Noncash
B
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The first stage of change, the ________ stage, involves preparing the organization to accept that change is necessary, which involves break down the existing status quo before you can build up a new way of operating. According to Lewin, key to this is developing a compelling message showing why the existing way of doing things cannot continue.
A. freezing B. unfreezing C. reinforcing D. resisting E. changing
In order to perform their required roles and be valuable business partners, accountants must understand all of the following except:
A. What risks the business faces, and how internal controls can mitigate those risks. B. How the business collects data, summarizes it, and communicates business information. C. How the business delivers value, interacts with other businesses, and is a good corporate citizen. D. How the business identifies and designs its products and services.
Clean, Inc. cleans and waxes floors for commercial customers. The company is presently operating at less than capacity with equipment and employees idle at times. The company recently received an order from a potential customer outside the company's normal geographic service region for a price of $4,500. The size of the proposed job is 11,000 square feet. The company's normal service costs are as follows: Unit-level materials$0.18per square footUnit-level labor$0.25per square footUnit-level variable overhead$0.08per square footFacility-level overheadAllocated at $0.10 per square foot If the company accepts the special offer:
A. The company will lose $230 on the job. B. The company will lose $1,110 on the job. C. The company will earn $2,520 on the job. D. The company will lose $2,210 on the job.
A firm that uses direct marketing would most likely sell its products through ________
A) one marketing intermediary B) big box retailers C) large wholesalers D) multiple intermediaries E) the company Web site