Cash outflows from financing activities include the payment of cash dividends, the acquisition of treasury stock, and the repayment of amounts borrowed

Indicate whether the statement is true or false


True

Business

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Henry and Charlie want to create a company where their employees have a say in the processes and products that they produce. They both feel that it is important to get the opinion of people throughout the organization. They think that with their employee involvement they can improve their processes and products because they are closer to knowing the needs of the customer. Henry and Charlie use which flow of communication direction in their company?

A. lateral B. horizontal C. downward D. upward

Business

Conversion cost does not include

a. direct labor. b. direct material. c. factory depreciation. d. supervisors' salaries.

Business

A company facing an interest rate of 8% must choose among projects offering the following four-year cash flows. If the company is employing the net present value criterion, which project should they choose?

A) $25,000 in year 1; $15,000 in year 2; $10,000 in year 3; and $5,000 in year 4 B) $5,000 in year 1; $5,000 in year 2; $20,000 in year 3; and $30,000 in year 4 C) $15,000 in year 1; $15,000 in year 2; $15,000 in year 3; and $15,000 in year 4 D) $5,000 in year 1; $5,000 in year 2; $25,000 in year 3; and $25,000 in year 4

Business

According to John Kenneth Galbraith, the theory of consumer demand is based on the following broad assumption(s): I. Socialism will work in all societies because consumers are willing to share their wealth. II. The urgency of wants does not diminish as more of them are satisfied. III. Wants originate in the personality of the consumer

a. I only b. I and II c. III only d. II and III

Business