An example of a cash outflow from operating activities is
a. loans made by the company to other parties.
b. a payment for employee salaries.
c. payments to acquire treasury stock.
d. payments to acquire investments in debt and equity securities.
b
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Which of the following is not a method used by the Environmental Protection Agency (EPA) to enforce its regulations?
A. permits B. mandatory arbitration C. criminal complaints D. administrative fines
The term ________ refers to a secured creditor's possession of collateral on a debtor's default and proposal to retain the collateral in satisfaction of the debtor's obligation
A) repossession B) disposal of the goods C) disposition of collateral D) retention of collateral
In the Fortune magazine ranking for Best Place for Minorities to Work, Fortune ranks companies based on a comprehensive list of diversity factors including:
a. Number of white senior leaders currently mentoring minority employees b. Number of minority applicants applying for general workforce positions c. Whether the organization partners with minority affiliation groups for recruitment d. Whether managers are held financially accountable for meeting diversity goals
Duncan Corp is declared bankrupt. The Royal Bank has a mortgage on its manufacturing plant. Ten employees have a claim for $1,000 each for unpaid wages for the week prior to bankruptcy. The trustee in bankruptcy's fees are $10,000
An unpaid supplier of steel has a claim for products supplied. What class of creditor are the employees? A) Unsecured B) Secured C) Preferred D) General E) Common