Use the equation presented below to answer the question that follows: Cash = CL + LTL + CS + RE – NCCA – LTA where: CL = Current liabilities LTL = Long-term liabilities CS = Common stock RE = Retained earnings NCCA = Noncash current assets LTA = Long-term assets Which of the following activities results in a cash outflow?
a. Decreases in noncash current assets (NCCA)
b. Decreases in long-term assets (LTA)
c. Increases in long-term liabilities (LTL)
d. Decreases in retained earnings (RE)
d
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When another person does not understand the denotative meaning of our words, we have a potential ______.
Fill in the blank(s) with the appropriate word(s).
Which of the following is applicable to the development of headings for a report?
a. Something must divide into at least three parts or it should not be divided into subdivisions. b. Headings at the same level must use consistent grammatical construction. c. Headings at the same level must be consistent in font and type style. d. B & C are correct.
Conflict can be a good thing when it:
a. leads to new ways of thinking and behaving. b. undermines morale. c. All of the answers are correct. d. keeps you from feeling good about yourself.
Investing activities do not include the:
A. Issuance of common stock. B. Purchase of plant assets. C. Sale of short-term investments other than cash equivalents. D. Lending and collecting on notes receivable. E. Sale of plant assets.