Which one of the following transactions should be classified as a financing activity on the statement of cash flows?
A. Purchase of the company's own stock.
B. Purchase of equipment.
C. Payment of interest to a lender.
D. Sale of a long-term investment.
Answer: A
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In the consumer decision-making process, searches for information fall into which two main categories?
A. internal and external B. extensive and limited C. wanted and unwanted D. lengthy and brief E. meaningful and trivial
Because a market is saturated, firms may attempt to enter new geographical markets that may be less saturated. For example, pharmaceutical companies are realizing that they need to turn to ________ for continued growth in the coming years.
A. Germany B. BRIC countries C. communist countries D. third-world countries E. France
Designing a new backpack at an outdoor sports equipment company is an example of a:
A. Batch-level activity. B. Product-level activity. C. Facility-level activity. D. Unit-level activity.
Michael's brother, Thomas, lives with Michael in his own home. Thomas has a full-time job and pays his brother for rent and utilities. Michael's filing status is
A) single. B) head of household. C) married, filing separately. D) a qualifying widow(er).