Amortization of patents can be added to income in the operations section of the statement of cash flows because:

a. it is not a tax deductible expense.
b. it results in an increase in income.
c. it does not require the outlay of cash.
d. patent amortization is not an expense.
e. it represents an inflow of cash.


C

Business

You might also like to view...

Which of the following statements is true about a minitrial?

A. A minitrial involves a six-member mock jury empaneled by the court that hears a shortened presentation of the case by the lawyers for each side and renders an advisory verdict. B. A minitrial differs from mediation in that the third-party to whom the dispute is submitted decides the outcome. C. A minitrial often involves a neutral third-party advisor who will render a nonbinding opinion, if a settlement is not reached, regarding how a dispute is likely to be resolved if it goes to trial. D. A minitrial is conducted under court guidance.

Business

Through ________, companies today are strengthening their connections with all partners, from providers of raw materials and components to those involved in the delivery of final goods and services

A) supply chain management B) direct marketing C) customer relationship marketing D) customized marketing E) inventory management

Business

Who is the plaintiff in a criminal lawsuit?

A) the respondent B) the government C) a private party D) the victim

Business

One way to identify a gap in the marketplace is to examine trends around the region, nation, or world that may not yet have reached your geographic location.

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

Business