Preferred stock issued in exchange for land would be reported in the statement of cash flows in
a. the cash flows from financing activities section
b. the cash flows from investing activities section
c. a separate schedule
d. the cash flows from operating activities section
c
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A counterbalancing inventory error is one where the error on the balance sheet is offset by the same amount of error on the income statement
a. True b. False Indicate whether the statement is true or false
________ is marketing that involves using powerful computers with advanced statistical and other software to analyze large databases to discover hidden patterns in the data
A) Data mining B) Mass marketing C) Parallel marketing D) Traditional marketing E) Competitive intelligence
All of the following losses are excluded from coverage under Section II of an unendorsed Homeowners 3 policy EXCEPT
A) Phyllis, a medical technician, misread a lab test and the patient is suing her. B) While using his canoe, Bert hit another canoe. The other canoe sank. Bert is being sued. C) Violet runs a for-profit daycare service in her home. The parents of a child injured while in Violet's care are suing Violet. D) The homeowner's son was injured when he fell off a swing in the homeowner's yard.
A company is offering a discount with terms 3/15 net 40. What is the discount rate associated with this offer?
A) 3% B) 15% C) 40% D) 20% E) 5%