When preparing the statement of cash flows using the indirect method, a loss on the sale of plant assets must be shown as a subtraction from the investing activities section
Indicate whether the statement is true or false
FALSE
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Superstar Corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $12.00 per share.
What would be the total stockholders' equity after a 15% common stock dividend?
A) $1,073,700
B) $705,000
C) $1,007,000
D) $604,200
Using ________ segmentation, marketers form segments of consumers who have similar needs and buying behaviors even though they are located in different countries
A) psychographic B) demographic C) occasion D) benefit E) intermarket
Which of the following is incorrect regarding the financing activities section of a statement of cash flows?
A. Increases in Contributed Capital accounts suggest cash inflows occurred from issuing equity instruments. B. Decreases in Long-Term Debt accounts suggest cash outflows occurred for payment of debt. C. Decreases in retained earnings suggest cash outflows occurred to pay dividends. D. Increases in Short-Term Notes Payable accounts suggest cash outflows occurred from issuing notes or bonds.
Under the Third Restatement, an agent representing an undisclosed principal is discharged from liability if the third party:
a. gets a satisfied judgment against the principal. b. becomes aware of the principal. c. gets a judgment against the agent. d. He is never discharged from liability.