The theft of trade secrets is a civil wrong but not a crime
Indicate whether the statement is true or false
F
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For the year ended December 31, Year 1, Fields Company made cash payments of $52,500 for dividends, paid interest of $21,300, paid $30,500 cash to suppliers, and purchased equipment for $68,500 cash. What is the net cash used by investing activities for Year 1?
A. $111,800 B. $68,500 C. $172,800 D. $73,800
The importance of work in an individual's life relative to other areas of interest is referred to as:
A. work centrality. B. work salience. C. work prominence. D. work objectivity.
A firm has just ended its calendar year making a sale in the amount of $150,000 of merchandise purchased during the year at a total cost of $112,500
Although the firm paid in full for the merchandise during the year, it is yet to collect at year end from the customer. The net profit and cash flow from this sale for the year are ________. A) $0 and $150,000, respectively B) $37,500 and -$150,000, respectively C) $37,500 and -$112,500, respectively D) $150,000 and $112,500, respectively
Which of the following is characteristic of the boom stage in the life cycle of a product?
A. Firms begin to compete on features and prices. B. Many firms close down. C. Established firms must find new approaches to improve the business. D. Most customers are unaware of the offerings.