For each of the following, identify whether it would be disclosed as an operating (O), financing (F), or investing (I)activity on the statement of cash flows under the indirect method

a. _____purchased buildings
b. _____sold patents
c. _____net income
d. _____issued common stock
e. _____paid cash dividends
f. _____depreciation expense


a. I - investing
b. I - investing
c. O - operating
d. F - financing
e. F - financing
f. O - operating

Business

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To facilitate interaction with people whose cultural background or gender differs from your own, you need to do which of the following?

A. open yourselves to and respect the differences that exist B. maintain a rigid outlook C. avoid conversation D. ignore the differences that exist

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Why would a company insist that its salespeople stick to strict route designs?

What will be an ideal response?

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Carla and Eliza share income equally. During the current year the partnership net income was $40,000. Carla made withdrawals of $12,000 and Eliza made withdrawals of $17,000. At the beginning of the year, the capital account balances were: Carla capital, $42,000; Eliza capital, $55,000. Eliza's capital account balance at the end of the year is

A) $52,000 B) $58,000 C) $82,000 D) $75,000

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Sally tells you that she is in a dispute with her employer regarding whether in denying Sally a promotion she wanted, the employer committed sex discrimination. Sally says that she has heard about both mediation and arbitration and asks you which would result in a quicker judgment in her favor because she does not particularly want to go to the time and expense of a court action. Sally also asks

if, as a friend, you will go with her when she consults with a lawyer. What would you tell Sally regarding her request that you go with her, as her friend, to see her lawyer? a. That you would be glad to do so because you want to provide emotional support. b. That you should not go because your presence would destroy the attorney-client privilege. c. That you should not go because your presence would destroy the work-product privilege. d. That you should not go because your presence would destroy both the attorney-client privilege and the work-product privilege.

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