The amortization of patents should be presented in a statement of cash flows prepared using the indirect method as a(n)
a. inflow and outflow of cash.
b. outflow of cash.
c. addition to net income in the adjustments to reconcile net income to cash from operating activities.
d. deduction from net income in the adjustments to reconcile net income to cash from operating activities.
C
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Values can also influence your perceptions and actions toward others.
Answer the following statement true (T) or false (F)
Barlo Lunch Snacks places a coupon in each box of its cracker product. Customers may send in five coupons and $3, and the company will send them a recipe book. Sufficient books were purchased at a cost of $5 each. A total of 500,000 boxes of product were sold in 2016. It was estimated that 4% of the coupons would be redeemed. During 2016, 9,000 coupons were redeemed. What is Barlo's premium
expense for 2016? A) $4,400 B) $8,000 C) $20,000 D) $40,000
It is necessary to report both the cost and the accumulated depreciation of plant assets in the financial statements.
Answer the following statement true (T) or false (F)
If men and women are unlikely to differ in their ability to lead, why are so few women in leadership positions?
What will be an ideal response?