Cash received from the sale of long-term investments is classified in which section of the statement of cash flows?

A) Operating
B) Investing
C) Financing
D) Noncash


B

Business

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Advertorials are an example of

A) an illegal form of commercial speech. B) infomercials. C) technological convergence. D) the blurring of the line between advertising and MPR. E) public service announcements mandated by the FCC.

Business

A holographic will must be in writing

Indicate whether the statement is true or false

Business

Identify the various types of efficiencies that market efficiency refers to.?

A. ?Economic efficiency and trading efficiency B. ?Transactional efficiency and economic efficiency C. ?Transactional efficiency and informational efficiency D. ?Transactional efficiency and trading efficiency E. ?Economic efficiency and informational efficiency

Business

On January 1, Alistair Manufacturing had a beginning balance in Work-in-Process Inventory of $164,000 and a beginning balance in Finished Goods Inventory of $25,000

During the year, Alistair incurred manufacturing costs of $202,000. During the year, the following transactions occurred: Job C-62 was completed for a total cost of $140,000 and was sold for $157,000. Job C-63 was completed for a total cost of $181,000 and was sold for $212,000. Job C-64 was completed for a total cost $82,000 but was not sold as of year-end. The Manufacturing Overhead account had an unadjusted credit balance of $24,000 and was adjusted to zero at year-end. What was the amount of gross profit reported by Alistair at the end of the year? A) $48,000 B) $72,000 C) $17,000 D) $31,000

Business