In a statement of cash flows, which of the following events would be classified as a financing activity?
A. purchase of a trading security
B. payment of interest on a loan
C. payment of cash dividends to shareholders
D. All of these answer choices are correct.
Answer: C
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The gross profit ratio is computed by dividing net sales by gross profit
a. True b. False Indicate whether the statement is true or false
Martha is walking along a street with her son when he is hit by a passing car just as he steps off the pavement. He dies in his mother's arms, leaving her traumatized. The court hearing the case rules that Martha's son was not responsible for the accident. Martha can sue the person who killed her son to recover damages for ________.
A. the tort of outrage B. breach of the duty of care C. negligent infliction of emotional distress D. transfer of intent
In considering whether a product contains a defective design, the courts will consider all of the
following except: A) The likelihood of injury. B) The profitability of the product. C) The social utility of the product. D) The degree of danger posed by the design. E) None of the above
The process behind the production of "Numb3rs," a suite of business accounting and inventory software, is protected by
A. copyright law. B. patent law. C. trademark law. D. trade secrets law.