A mortgage incurred in exchange for an office building would be reported in the statement of cash flows in
a. the cash flows from financing activities section
b. the cash flows from investing activities section
c. a separate schedule
d. the cash flows from operating activities section
c
You might also like to view...
A complete enumeration of the elements of a population or study objects is a ________
A) population B) target population C) element D) census
Gus Boxley sells refrigeration equipment to supermarket and restaurant managers, and a prospect tells him, "The equipment we have still operates efficiently enough." Gus is experiencing a ________ objection.
A. stalling B. product C. money D. postponing E. source
Marco's department met or exceeded all of its productivity goals this year. When completing performance evaluations, Marco gave all members of his staff above average or excellent ratings, without considering individual effort. This is an example of a distributional rating error.
Answer the following statement true (T) or false (F)
Use the information below to determine the sales revenue, cost of goods sold and gross profit that would be reported for the company related to the March 16 sale assuming the company uses weighted average inventory valuation and a perpetual inventory system.January 1:Purchased 100 units at $10 per unit.February 5:Purchased 60 units at $12 per unit.March 16:Sold 40 units for $16 per unit.
What will be an ideal response?