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Which of the following should be classified as an investing activity on the statement of cash flows?
a. interest on notes payable b. payment to suppliers for inventory c. payment of dividends d. None of these
A back office operation most closely resembles a:
A) continuous flow process. B) batch process. C) job process. D) line process.
Gwen purchased an interesting life insurance policy. A minimum interest rate is guaranteed on the cash value, but additional interest may be credited based on the investment performance of a group of common stocks
There is also a cap on the additional interest credited to the policy. Based on this information, what type of life insurance did Gwen purchase? A) variable life insurance B) indexed universal life insurance C) current assumption whole life insurance D) variable universal life insurance
In 2005, the Handy Yogurt shop had $345,265 in Gross Revenues; in 2006, they had $357,388
What is the percentage change in sales? A) -3.39% B) 3.51% C) 3.39% D) -3.51%