Videoconferencing is advantageous because ______.
A. you can see who you are talking to
B. you can avoid face to face confrontations
C. you can discern emotions
D. you can just talk to the people you want
C. you can discern emotions
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The net income reported on the income statement for the current year was $250,000 . Depreciation recorded onfixed assets and amortization of patents for the year were $40,000 and $9,000, respectively. Balances of currentasset and current liability accounts at the end and at the beginning of the year are as follows: End Beginning Cash $ 50,000 $ 60,000 Accounts receivable 112,000 108,000
Inventories 105,000 93,000 Prepaid expenses 4,500 6,500 Accounts payable (merchandise creditors) 75,000 89,000 What is the amount of cash flows from operating activities reported on the statement of cash flows prepared by theindirect method? a. $271,000 b. $279,000 c. $327,000 d. $256,000
[APPENDIX] Wave Corporation is determining its income tax liability. It has one machine that cost $30,000 with a 4-year life and no salvage value. Wave is using an accelerated depreciation method for tax purposes. For accounting purposes, Wave has decided to use the straight-line method. Which of the following statements is true?
a. There will be a temporary difference between accounting income and income for tax purposes. b. There will be a permanent difference between accounting income and income for tax purposes. c. Wave's accounting income and income for tax purposes will be equal. d. Accounting income will be lower than income for tax purposes, especially in the early years of the asset's life.
The lower the interest rate, the lower the future value factor
Indicate whether the statement is true or false
Carol’s Bakery has decided to hold and maintain its present size and not expand into the global market. What type of grand strategy is Carol’s Bakery using?
a. turnaround b. growth c. concentration d. stability