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The income statement of Hope Market, Inc reported a gain from the sale of land. How are the cash flow effects of this transaction reported on the statement of cash flows if the direct method is used to prepare the Operating Activities category?
a. The entire proceeds from the sale of the land are reported as an investing activity. b. The gain on the sale of land is reported in the Investing Activities category as a cash flow from the sale of land. c. The entire proceeds from the sale of the land are reported as an operating activity. d. The cash received from the sale of land is reported in the financing activity category as a cash flow from the sale of land.
With which of the following assertions does a managerial theorist agree?
A) Modern managers seldom need to balance conflicting claims on their time and their company's resources. B) Firms cannot survive by ignoring the claims of important interest groups. C) Firms do not have to deal with external constituents other than their customers and suppliers. D) Government regulation is the key to ethical management.
?If interest rates decline, bondholders will earn:
A. ?a lower rate of return on reinvested cash flows. B. ?a higher current yield. C. ?no capital gain on the bond's maturity. D. ?a lower coupon interest on the bond. E. ?a higher maturity value on the maturity date.
A customer-oriented vision statement focuses employees to think about how best to
A. increase their efficiency to benefit consumers. B. solve a problem for a consumer. C. improve a popular product. D. make a product easier to use.