List five examples of cash outflows.
What will be an ideal response?
Cash outflows
Payments to suppliers
Payments of wages and salaries
Payments for fixed assets
Tax made on profits
Interest on bank loans and overdrafts
Payment of dividends to shareholders
Repayment of loans
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Certain geologic structures have led to the development of separate languages within the same country. These barriers include:
A. differentiating borders. B. political and cultural patterns. C. mountain barriers. D. linguistic tariffs.
On July 2, 2019, a tornado destroyed an asset owned by Leigh Inc., a calendar year taxpayer. Leigh's adjusted tax basis in the asset was $22,700, and the reimbursement from its property insurance company was $35,000. If Leigh wants to defer recognizing its $12,300 realized gain, it must replace the asset no later than December 31, 2020.
Answer the following statement true (T) or false (F)
A writ issued by a superior court to an inferior court ordering that some act not be
done is called a writ of certiorari. a. True b. False
To use revenue management strategies, a business should have which combination of costs?
A) high variable and high fixed B) low variable and high fixed C) high variable and low fixed D) low variable and low fixed E) either A or B