The only difference between the direct and the indirect methods is the:
a. presentation of the cash flows from investing activities.
b. presentation of the cash flows from financing activities.
c. presentation of the cash flows from operating activities.
d. presentation of the cash flows from noncash activities.
c
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Introducing indifference curves into our trade model permits us to determine
a. where a nation chooses to locate along its production possibilities frontier in autarky. b. the precise location of a nation's production possibilities frontier. c. whether absolute cost or comparative cost conditions exist. d. the currency price of one product in terms of another product.
Flynn acquires 100 percent of the outstanding voting shares of Macek Company on January 1, 2018. To obtain these shares, Flynn pays $400 cash (in thousands) and issues 10,000 shares of $20 par value common stock on this date. Flynn's stock had a fair value of $36 per share on that date. Flynn also pays $15 (in thousands) to a local investment firm for arranging the acquisition. An additional $10 (in thousands) was paid by Flynn in stock issuance costs.The book values for both Flynn and Macek as of January 1, 2018 follow. The fair value of each of Flynn and Macek accounts is also included. In addition, Macek holds a fully amortized trademark that still retains a $40 (in thousands) value. The figures below are in thousands. Any related question also is in thousands. Flynn, Inc Macek
Company Book Value Fair ValueCash$900 $80 $80 Receivables 480 180 160 Inventory 660 260 300 Land 300 120 130 Buildings (net) 1,200 220 280 Equipment 360 100 75 Accounts payable 480 60 60 Long-term liabilities 1,140 340 300 Common stock 1,000 80 Additional paid-in capital 200 0 Retained earnings 1,080 480 ?What amount will be reported for consolidated cash after the acquisition is completed? A. $580,000. B. $500,000. C. $555,000. D. $875,000. E. $475,000.
The Wheeler-Lea Amendment specifically aims at
A. product safety. B. product warranties. C. mergers and acquisitions. D. tying and exclusive dealing contracts. E. unfair or deceptive practices.
Administrative agencies cannot make legislative rules, or substantive rules, that are as legally binding as laws that the Congress passes
a. True b. False Indicate whether the statement is true or false