Under U.S. GAAP, the classification of interest expense as an operating activity and dividends paid on common or preferred shares as a financing activity appears inconsistent to some observers as both are payments to suppliers of funds. Authoritative guidance requires the different treatments because
a. interest is an expense in computing net income.
b. dividends represent a distribution of assets generated by net income not an expense reducing net income.
c. interest represent a distribution of assets generated by net income not an expense reducing net income.
d. dividends is an expense in computing net income.
e. both choices a and b are correct.
E
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Based on research and considering only job type or position, who among the following is most likely to have the lowest quality of life, job satisfaction, and level of engagement in their work?
a. a high school teacher b. a social worker making $70k a year c. a mid-level manager at a manufacturing company d. a forest ranger
Which of the following concepts explains why firms have an incentive to report voluntarily to the market even if there were no mandatory reporting requirements?
a. Signalling theory b. Lifecycle theory c. Information overload d. Capture theory
Four Winds Art Gallery, known for selling paintings, recently began offering appraisals of customers' art collections. Four Winds is
A. expanding from offering just goods to also offering services. B. implementing a market segmentation strategy. C. increasing customer value through inflated appraisal evaluations. D. capturing value through multiple pricing strategies. E. shifting its focus from offering just services to also offering goods.
Describe the difference between near and far transfer and then articulate strategies to enhance each type of transfer.
What will be an ideal response?