Which of the following is a means of selling bonds or stocks to the public?
A) private placement
B) public offering
C) organized selling
D) direct placement
B
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On a statement of cash flows prepared using the direct method, cash received from selling merchandise is considered a ________.
A) cash inflow from investing activities B) cash inflow from operating activities C) cash outflow from financing activities D) cash outflow from investing activities
During its first year of operations, Puffin, Inc. reported Sales Revenue of $387,600 but collected only $305,000 from customers. At the end of the year, Accounts Receivable equals:
A. $387,600. B. $692,600. C. $305,000. D. $82,600.
What does the phrase, "Revenue is recognized when earned" mean?
A) Revenue is recorded in the accounting records when the goods are received from a supplier, and reported on the income statement when sold to the customer. B) Revenue is recorded in the accounting records and reported on the income statement when the cash is received from the customer. C) Revenue is recorded in the accounting records when the goods are sold to a customer, and reported on the income statement when the cash payment is received from the customer. D) Revenue is recorded in the accounting records and reported on the income statement when goods are sold and delivered to a customer.
Explain what is green marketing and its impact
What will be an ideal response?