Lincoln Company engaged in this transaction: Issued common stock for cash. Indicate which section, if any, the above transaction would appear in, or relate to, on a statement of cash flows

A) Operating activities section.
B) Does not represent a cash flow.
C) Investing activities section.
D) Financing activities section.


D

Business

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Nick is admitted to an existing partnership by investing cash. Nick agrees to pay a bonus for his ownership interest because of the past success of the partnership. When Nick's investment in the partnership is recorded

a. his capital account will be credited for more than the cash he invested b. his capital account will be credited for the amount of cash he invested c. a bonus will be credited for the amount of cash he invested d. a bonus will be distributed to the old partners' capital accounts

Business

Which of the following is a disadvantage of person-administered surveys?

A) They are slower than other methods. B) They are more expensive. C) They are prone to errors. D) High cost. E) all of the above

Business

Business promotions are used to generate business leads, stimulate purchases, reward customers, and motivate salespeople

Indicate whether the statement is true or false

Business

A bundled price is preferable when:

a. different customers have different needs. b. firms customize services for each individual customer. c. consumers dislike having to pay extra for every part of a service. d. firms want to charge for their supplementary services separately.

Business