Using the data in Table M2-5, determine the optimal arc of stage 1
A) 3 - 7
B) 6 - 7
C) 5 - 7
D) 4 - 7
E) None of the above
C
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On the statement of cash flows prepared by the indirect method, a $50,000 gain on the sale of investments would be
A) deducted from net income in converting the net income reported on the income statement to cash flows from operating activities B) added to net income in converting the net income reported on the income statement to cash flows from operating activities C) added to dividends declared in converting the dividends declared to the cash flows from financing activities related to dividends D) deducted from dividends declared in converting the dividends declared to the cash flows from financing activities related to dividends
Grayson Bank agrees to lend the Trust Company $100,000 on January 1. Trust Company signs a $100,000, 12%, 9-month note. What entry will Trust Company make to pay off the note and interest at maturity assuming that interest has been accrued to September 30?
A) Notes Payable 109,000Cash 109,000 B) Notes Payable 100,000Interest Payable 9,000Cash 109,000 C) Interest Expense 9,000Notes Payable 100,000Cash 109,000 D) Interest Payable 12,000Notes Payable 100,000Cash 112,000
Electronic funds transfer does not use paper checks.
Answer the following statement true (T) or false (F)
Which of the following statements is a fundamental element of the systems approach to organizational behavior?
A. The consequences of systems should be examined on both a short-term and long-term basis. B. Systems generally require inputs and produce outputs. C. Systems produce both intended and unintended consequences. D. All of these.