For each of the following items, indicate whether it would be classified as an (O) operating activity, an (I) investing activity, a (F) financing activity, or a significant (N) noncash financing and investing activity.________ (1) Received interest from investments in trading securities.________ (2) Collected accounts receivable from customers.________ (3) Issued bonds payable for cash.________ (4) Paid wages to employees.________ (5) Issued stock for cash.________ (6) Sold equipment for cash.________ (7) Purchased land in exchange for a note payable.________ (8) Paid cash dividends.________ (9) Received dividends from stock investments.________ (10) Purchases of land for cash.

What will be an ideal response?


1. O; 2. O; 3. F; 4. O; 5. F; 6. I; 7. N; 8. F; 9. O; 10. I

Business

You might also like to view...

Change leaders should develop their measures based on all of the following except:

a. How quickly the information is needed b. Who the measures will be analyzed by c. How accurate the information must be d. How much it will cost

Business

Answer the following statements true (T) or false (F)

1. Personality-based evaluations are better than behavioral ones. 2. Most U.S. employees prefer individual-based rewards. 3. Culture may affect how team members respond to different types of rewards. 4. Of the three types of work teams (parallel, process, and project), the most difficult to reward is the process team. 5. Rewards based upon milestones may be more appropriate for process teams because of changing team membership.

Business

Polaris Corporation has made an agreement to ship goods to a foreign firm with whom they have not entered into a contract for three years. However, the firms have communicated regularly since the last sale three years ago

This is an example of an: A) unaffiliated known party transaction. B) unaffiliated unknown party transaction. C) affiliated party transaction. D) none of the above

Business

me institutions require a minimum balance in your checking/savings account or you will be subject to fees. When are these fees typically applied?

A) Monthly B) Daily C) Annual D) End Of Day (EOD) E) Fees aren't real

Business