When using the indirect method, which balance sheet accounts are most affected by investing activities?

A) Current assets and current liabilities
B) Long-term assets
C) Long-term liabilities
D) Stockholders' equity


B

Business

You might also like to view...

A person who disaffirms a contract based on intoxication must be returned to status quo

Indicate whether the statement is true or false

Business

Excess server capacity can be used to mitigate which of the following situations?

a. Excessive customer questions about a product b. Excessive customer warranty claims c. Excessive customer product returns d. Excessive customer wait time

Business

In determining the duty of care owed by a defendant using the reasonable person standard, the court will consider all of the following factors except:

A) The existence of emergency conditions B) A physician's training and years of experience C) A person's severe mental retardation D) Physical disability

Business

For the following hypothesis test, Ho: ? = 150 Ha: ? < 150 the test statistic

a. must be negative b. must be positive c. can be either negative or positive d. must be a number between zero and 1

Business