Royer Corporation engaged in this transaction: Purchased 30-day U.S. Treasury bill. Indicate which section, if any, the above transaction would appear in, or relate to, on a statement of cash flows
a. Does not represent a cash flow
b. Operating activities section
c. Investing activities section
d. Financing activities section
A
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Which terms in the equation for Taylor rule can be influenced by the government through monetary policy?
A. Inflation gap and interest-rate spread B. Unemployment gap and interest-rate spread C. Interest-rate spread and unemployment gap D. Output gap and inflation gap
BPM software is often used for?
a. Enhancement of regulatory compliance b. Enhancement of customer service processes c. Enhancement of both regulatory compliance and customer service processes d. Enhancement of neither regulatory compliance nor customer service processes
The Links Company uses the percent of sales method of accounting for uncollectible accounts receivable. During the current year, the following transactions occurred:Sept 7Links Company determined that the $8,000 account receivable of the Rainier Company was uncollectible, and wrote it off.Oct 15Links Company determined that the $3,500 account receivable of the Olympic Company was uncollectible and wrote it off.Nov 9Rainier Company paid $6,000 of the amount owed to the LinksCompany. Links Company does not expect further collections from the Rainier Company.Dec 31Links Company estimates that 1% of its $1,900,000 of creditsales would be uncollectible.1. Prepare the general journal entries to record these transactions.2. If the balance of the allowance for uncollectible accounts was a $4,000
credit on January 1 of the current year, determine the balance of the allowance for uncollectible accounts at December 31 of the current year. Assume that the transactions above are the only transactions affecting the allowance for uncollectible accounts during the year. What will be an ideal response?
An increase in nondiversifiable risk would ________
A) cause an increase in the beta and would lower the required return B) have no effect on the beta and would, therefore, cause no change in the required return C) cause an increase in the beta and would increase the required return D) cause a decrease in the beta and would, therefore, lower the required rate of return