Which of the following statements is required for both a private university and a governmentally owned public university engaged only in business-type activities?

A. Statement of revenues, expenses, and changes in net position.
B. Statement of net position.
C. Statement of activities.
D. Statement of cash flows.


Answer: D

Business

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The .edu portion of an e-mail address MirandaThomas@newhampshireu.edu is considered the ______.

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If an employer categorically refuses to promote all persons of the Asian race, the company has engaged in disparate-impact discrimination

Indicate whether the statement is true or false

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The dividend payout ratio is equal to the dividend per share divided by the earnings per share.

Answer the following statement true (T) or false (F)

Business

Marion Manufacturing had the following cash flows for the current year. The company uses the direct method in preparing the statement of cash flows. Cash receipts from issuance of stock$60,000 Bonds payable issued at face value 250,000 Cash dividends received from long-term investments 4,500 Cash paid for wages 20,000 Cash paid for dividends 5,000 Cash received from customers 42,500 Cash paid for other operating expenses 19,500 Cash paid to purchase equipment 100,000 ? If the cash balance at the beginning of the current year was $0, what is the amount of cash at the end of the year?

A. $212,500 B. $368,750 C. $56,250 D. $155,750

Business