The amortization of bond discount related to long-term debt should be presented in a statement of cash flows prepared using the indirect method as a(n)
a. addition to net income in the adjustments to reconcile net income to cash from operating activities.
b. deduction from net income in the adjustments to reconcile net income to cash from operating activities.
c. outflow of cash.
d. inflow and outflow of cash.
A
You might also like to view...
Carefully explain 'poison pills' as an anti-takeover tactic.
What will be an ideal response?
Which formula for borrowing would result in the correct value in E22?
a) =IF(E21<$C$25,C25-E21,0)
b) =IF(E21<$D$23,C25-E21,0)
c) =IF(C25<$E$21,C25-E21,0)
d) =IF(E21<$C$25,E21-C25,0)
Revise the following sentences to conform to standard business communication principles. Add appropriate details as needed to complete the ideas. a. I'd like to take this opportunity to thank you for your participation in our focus group last week. b
During the year 2011, the Smith Corporation bought a new building for the amount of $15 million. c. If we do not plan ahead for national security, past history will repeat itself again with severe consequences. d. Each and every customer receives a free gift when opening a checking account. e. The new sick-leave policy was implemented due to the fact that several employees were abusing the privilege. f. In the event that the customer makes a payment in the amount of $500, the company will not report her to a credit agency. g. We held a meeting yesterday so Terry could make a demonstration of the new computer system. h. After the dean made an analysis of the college's budget, the department chairs came to an agreement on how to decrease expenditures. i. There are fewer than 500 people who are admitted to the nursing program per year.
A labor-management partnership is a formal initiative in which workers and unions:
A. participate in daily work-related decisions B. participate in decisions making beyond the daily work-related decisions C. take primary responsibility for traditional management decisions D. negotiate a collective bargaining agreement with the employer