Which of the following would not be a cash flow from financing activities?
A. Repayment of principal on bonds payable
B. Payment of a cash dividend
C. Payment of interest on bonds payable
D. Borrowing on a long-term note payable
Answer: C
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Which of the following would most likely be treated as an activity in an activity-based costing system?
A) direct labor cost B) machine processing C) direct materials cost D) sales revenues
Mengya was one of the organizers behind a movement to unionize the employees at her workplace. In response, she was fired. It is likely that Mengya experienced ______ discharge.
A. wrongful B. constructive C. economic D. express
What is the percentage holding cost per period for a credit with the terms of 2/30 net 60?
A) .0101 B) .2787 C) .0667 D) .0204 E) .0352