Lincoln Company engaged in this transaction: Declared and issued the required dividend on preferred stock. Indicate which section, if any, the above transaction would appear in, or relate to, on a statement of cash flows

A) Financing activities section.
B) Operating activities section.
C) Does not represent a cash flow.
D) Investing activities section.


A

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Convert to a percent:

A. 1.3% B. .13% C. 13% D. 130%

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If fixed expenses increase by $10,000 per year, then the sales needed to break even will generally increase by more than $10,000.

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

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For their transmission medium, cable television companies primarily use ________

A) 2-pair VG UTP cabling B) 2-pair DG UTP cabling C) coaxial cable D) 4-pair UTP

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Michael Lane checked his credit card statement and noticed a sale for $82.99 that was unauthorized. He also found that a sale for $52.87 had been listed as $58.27. If the new balance on his statement was $310.65, what is his correct new balance?

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