The following information is taken from the income statement of Olympic, Inc.: Depreciation Expense$90,000 Amortization Expense 15,000 Loss on Sale of Equipment 9,000 Gain on Sale of Building 27,000 Net Income 315,000 Based on this information, what is the amount of net cash flow provided by operating activities?
A. $447,000
B. $438,000
C. $420,000
D. $402,000
Answer: D
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Which of the following statements about group decision making is true?
A. Individuals are always better than groups in decision making. B. Groups are always better than individuals in decision making. C. Groups minimize satisficing. D. Groups are faster at making decisions. E. Managers should utilize groups for decision making on a selective basis.
One major challenge to the minimalist approach that holds that business is free to pursue its economic interests as long as certain minimal moral rights are not violated in the process is that it does not seem to explain why the responsibilities correlated with these rights fall to multinational business rather than to government.
Answer the following statement true (T) or false (F)
An example of a(n) ______ is when Exxon and Mobil decided to come together as one to form the company Exxon-Mobil.
a. merger b. acquisition c. spinoff d. diversification
Lamar owns a field behind Megan's house and property. The only access to the field is Megan's driveway, which Lamar uses to get to his field. If Lamar sells the field, can the buyer use the right-of-way across Megan's property?