The payment of interest on a loan is considered a ________ on a statement of cash flows prepared using the direct method.
A) cash outflow for operating activities
B) cash outflow for investing activities
C) cash outflow for financing activities
D) non-cash activity
A) cash outflow for operating activities
You might also like to view...
Reading Chapter 8's "A Question of Ethics: Study: Diet Soda Sparks Weight Loss — Whaaaa?" one can conclude that research can be used to manipulate facts
Indicate whether the statement is true or false
Dreamland Barbeque is a famous barbeque restaurant located in various cities throughout Alabama and Georgia. Catherine is in charge of sharing demand information with rib and meat suppliers to make sure there is always enough for customers. Catherine is practicing ________.
A. Inventory carrying costs B. Strategic marketing C. Supply chain management D. Supply chain orientation E. Management
The ______ was created to monitor unfair labor practices and assure that union representation elections are fair
a. National Worker Relations Board b. National Employee Relations Board c. National Union Relations Board d. National Workplace Relations Board e. none of the other choices are correct
If a vendor has correctly used marginal analysis to select its stock levels for the day (as in the newsperson problem in the text), and if the profit resulting from the last unit being sold (Cu) is $0.90 and the loss resulting from that unit if it is not sold (Co) is $0.50, which of the following is the probability of the last unit being sold?
A. Greater than 0.357 B. Greater than 0.678 C. Greater than 0.400 D. Greater than 0.556 E. None of these