Which of the following appears on a statement of cash flows prepared using the direct method?

A) adjustments to net income
B) cash payments for salaries
C) adjustments for gains and losses on sale of property
D) increase/decrease in current assets


B) cash payments for salaries

Business

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The new felt-tip pens, multiple-cartridge pens, and quills offered by Ruben Delgado are examples of ________

A) product line filling B) multibranding C) megabranding D) product line inconsistencies E) co-branding

Business

The numerator in the markup percentage for the gross margin-based pricing method comprises selling expenses, general and administrative expenses, and a desired profit

Indicate whether the statement is true or false

Business

In which of the following cases is parol evidence admitted by a court?

A) when the plaintiff reduces the value of damages he expects B) when the evidence explains ambiguous language C) when the defendant does not wish to appeal D) when the defendant takes the case to the appellate court

Business

Which of the following statements has been capitalized correctly?

A. The Government of the country has decided to ban the export of precious stones. B. The Head of our Department was made to quit his job. C. The employees at the headquarters use a Canon photocopier. D. The company decided to set up a distribution unit in the north to improve sales in that region.

Business