Since interest revenue, interest expense, and dividend revenue are reported on the income statement, they are also considered cash flow from operating activities

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Treasury stock is ________.

A) a contra equity account B) a contra asset account C) a liability account D) an asset account

Business

Why might someone choose to use itemized deductions instead of taking the standard deduction offered by the IRS?

A) It is easier to calculate your itemized deductions versus the standard deduction. B) You may have a lower tax liability if you itemize instead of using the standard deduction. C) Married taxpayers must use the itemized deductions only. D) Most computer tax software automatically itemizes deductions. E) both B and C are correct.

Business

A diversified portfolio

A. increases systematic risk. B. reduces systematic risk. C. increases unsystematic risk. D. reduces unsystematic risk.

Business

A(n) ____________________ random variable has a density function that looks like a rectangle and you can use areas of a rectangle to find probabilities for it

Fill in the blank(s) with correct word

Business