When using the indirect method, how is the receipt of cash from the sale of long-term investments treated on the statement of cash flows?
a. Operating activity
b. Investing activity
c. Financing activity
d. Noncash investing or financing activity
b
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A small stock dividend is generally one that is less than ________
a. 90% b. 50% c. 40% d. 25%
Bob's Burgers Bob's Burgers currently produces and sells 12,000 burgers per month with the following costs: Variable costs $2.40 per unit Fixed costs $60,000 Bob has recently switched food suppliers and anticipates that variable costs will decrease by $0.35 per unit. In addition, Bob has renegotiated his store lease and fixed costs will be dropping by $8,000 per month. Refer to the information
provided for Bob's Burgers. What will be Bob's new cost equation? A) Total costs = $60,000 + $2.75x B) Total costs = $60,000 + $2.05x C) Total costs = $8,000 + $0.35x D) Total costs = $52,000 + $2.05x
To form the present tense of most verbs, use the verb in its original form for all persons except the third-person singular. In the third-person singular, add s to the verb
Indicate whether the statement is true or false
The cat-skinning project management team considers the many ways to accomplish their objective before settling on one technique as part of their:
A) Information gathering step. B) Need statement step. C) Project objectives step. D) Alternative analysis step.