The net cash flow from operating activities is calculated in the same way, whether the company uses the direct or the indirect method of preparing the statement of cash flow
Indicate whether the statement is true or false
FALSE
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Use the equation presented below to answer the question that follows: Cash = CL + LTL + CS + RE – NCCA – LTA where: CL = Current liabilities LTL = Long-term liabilities CS = Common stock RE = Retained earnings NCCA = Noncash current assets LTA = Long-term assets Which of the following activities results in a cash outflow?
a. Decreases in noncash current assets (NCCA) b. Decreases in long-term assets (LTA) c. Increases in long-term liabilities (LTL) d. Decreases in retained earnings (RE)
The following activities would be considered the unauthorized practice of law when done by paralegals:
A) telling a client when the attorney may be available for a consultation. B) helping a client determine which power of attorney form is the correct one to use. C) interviewing a client and asking questions about his auto accident. D) attending a trial, recording answers given during jury selection.
In the 1960's, Lemuel Boulware determined General Electric's desired contract based on a careful financial analysis and a survey of the employees. He then crafted a "take it or leave it" proposal, presented it to the union, and refused to engage in discussions over the contract proposal. This is best described as an extreme example of:
A. Surface bargaining. B. Direct dealing. C. Refusal to provide information to the union. D. Unilateral changes.
The starting point of design thinking is which of the following?
a. Will the idea make money? b. Can it be done? c. What do people need? d. How can this product or service be improved?