Which of the following can be found on the statement of cash flows?
a. cash flows from operating activities
b. total assets
c. total changes in stockholders' equity
d. changes in retained earnings
a
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The excess of revenue over variable costs, including manufacturing, selling and administrative costs, is called:
a. Gross margin. b. Manufacturing margin. c. Contribution margin. d. Segment margin.
On average, how much of a report's content should consist of quotations?
A) 10 percent B) 20 percent C) 30 percent D) 40 percent E) 50 percent
James was a partner in a large firm. He died unexpectedly. His son, Frank, wanted to take over for his father in the partnership and was well qualified to do the work his father had done. Which statement best describes Frank's rights in the partnership if he inherits the interest?
a. Frank has a right to take over for his father in the partnership. b. Frank is entitled to the value in the partnership, but not to become a full partner. c. Frank has no rights to his father's partnership interest. d. Frank cannot be a full-fledged partner, but he can vote on firm matters.
Howard is responsible for performing job evaluations. To do so, he considers the knowledge, mental activity, and accountability required by the position. Howard is using the Hay profile.
Answer the following statement true (T) or false (F)