In preparing the statement of cash flows for Year 4, internal records indicate that depreciation on manufacturing facilities totaled $800 . The firm included this amount in cost of goods sold in the income statement for Year 4 . None of the of depreciation required an operating cash flow during Year 4 . The T-account work sheet entry adds back the $800 of depreciation on manufacturing facilities
Accountants treat depreciation charges on manufacturing facilities as
a. a period expense.
b. an opportunity cost.
c. a product cost.
d. a cost of capital.
e. a marginal cost.
C
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There are two typical ways to alter the one vote-one share standard. One way is ________
A) to have companies buy back nonvoting common stock B) to not have companies pay dividends C) to have companies issue classes of stock whereby one or more classes have super voting rights D) to not have companies issue bonds
Which of the following questions should an entrepreneur ask when a business plan is turned down?
a. Can't you recognize a good plan when you see one? b. Can you identify friends who would like this kind of deal? c. If you were in my position, how would you proceed? d. Can I ask you why you didn’t like me?
What happened in direct response to the FTC finding that many Web sites were collecting personal information from children without disclosure or parental permission?
A) California enacted the California Online Privacy Protection Act. B) Congress passed the Children's Online Privacy Protection Act. C) Children began to be targeted by more Web sites. D) The Direct Marketing Association developed a "Privacy Promise to American Consumers." E) Nonprofit organizations began auditing companies' privacy and security measures.
Comparative advertising tries to keep the product's name before the public.
Answer the following statement true (T) or false (F)