Which of the following is a cash flow from operating activities?
a. Sale of long-term investments in common stock.
b. Purchase of merchandise for resale.
c. Payment of a note payable.
d. Sale of a piece of land no longer used in operations.
B
You might also like to view...
In 2015, 50 percent of U.S. families received less than $56,516 in income.
Answer the following statement true (T) or false (F)
With regard to the law concerning nuisance: ______
A) the law recognizes legal remedies for a public, but not private, nuisance. B) the courts do not balance the protection of the plaintiff against the social utility of the activity. C) the fact that the plaintiff suffered annoyance or inconvenience is sufficient to establish a nuisance. D) a finding that conduct is socially desirable may outweigh harm to a particular plaintiff.
What is the management expense ratio (MER)?
What will be an ideal response?
Under the Revised UCC Secured Transaction Article, which of the following actions will best perfect a security interest in a negotiable instrument against any other party?
A. Filing a security agreement. B. Taking possession of the instrument. C. Perfecting by attachment. D. Obtaining a duly executed financing statement.