When using the indirect method, how is the issuing of stock for cash shown on the statement of cash flows?
a. Operating activity
b. Investing activity
c. Financing activity
d. Non cash investing and financing activity
c
You might also like to view...
The accounting for defined benefit plans is usually very easy and straightforward
a. True b. False Indicate whether the statement is true or false
Which of the following is not a benefit typically ascribed to an everyday low-pricing (EDLP) strategy?
A. Increased profit margin B. Increased sale advertising C. Stockout reduction D. Improved customer loyalty E. Improved inventory management
Soon after receiving the promotion, Johan is approached by the administrative assistant of his former sales unit. She tells him that she wants to join his team as a sales representative
She points out that she has solid knowledge of the products and company procedures already, and that he knows that she is a hard worker. What other benefit would there be to Johan in hiring her as a sales representative? A) He knows that she fits into the company culture and understands its mission. B) He knows that he can pay her less than someone hired from outside the company. C) He has a personal friendship with her, which means he will be able to manage her better. D) He knows that she is outgoing, which is the primary characteristic of a good salesperson. E) He has never had a disagreement with her, so there is no reason not to hire her.
A ________ is a gratuitous bailment that arises when the bailee is requested to care for the bailor's property as a favor
A) bailment at will B) mutual benefit bailment C) bailment for the sole benefit of the bailee D) bailment for the sole benefit of the bailor