Cash flows from issuing and repurchasing stock or issuing and repaying (retiring) debt are classified as
a. operating activities.
b. investing activities.
c. financing activities.
d. borrowing activities.
c
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Knowledge of the customer, the product, the industry, and the competition are all necessary to the success of a salesperson.
Answer the following statement true (T) or false (F)
Which best describes the first law of thermodynamics?
A. Energy can be created or destroyed and it cannot be changed from one form of energy to another. B. Some useful energy is lost as heat whenever an energy transfer occurs. C. Energy can be created from matter or used to produce matter. D. Energy is not created nor destroyed, but it can change from one energy form to another. E. Energy transfers are always 100% efficient in changing energy from one useful form to another.
The static budget, at the beginning of the month, for Divine Décor Company, follows:
Static budget: Sales volume: 1500 units; Sales price: $70.00 per unit Variable costs: $32.00 per unit; Fixed costs: $38,000 per month Operating income: $19,000 Actual results, at the end of the month, follows: Actual results: Sales volume: 990 units; Sales price: $75.00 per unit Variable costs: $35.00 per unit; Fixed costs: $33,000 per month Operating income: $6600 Calculate the flexible budget variance for sales revenue. A) $6980 U B) $6980 F C) $4950 U D) $4950 F
A national organization and its local chapters are writing statements outlining how they will share resources. This action is an example of ______.
A. capacity B. egocentrism C. transparency D. establishing autonomy