A major disadvantage of the indirect method of reporting cash flows from operating activities is that the difference between the net amount of cash flows from operating activities and net income is not emphasized
Indicate whether the statement is true or false
False
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The repurchase of a company's own stock should be reported on the statement of cash flows as an investing activity
a. True b. False Indicate whether the statement is true or false
When conveying a bad-news message, how might the use of the word "you" be interpreted?
What will be an ideal response?
When states pass "right-to-work" laws, they specifically make ______ illegal.
A. secondary boycotts B. featherbedding C. open shops D. augmented shops E. union shops
Mark lived in Kingston Ontario and purchased a Kleen Kar franchise for $80,000
A month after he bought the franchise he realized that the franchisor had failed to disclose most of the key information required under the Ontario law regulating franchises and had lied about key facts. Mark soon discovered Kleen Kar was almost bankrupt and the owners had been jailed previously for fraud. As a result Mark A) could sue the franchisor's officers and directors personally B) can have the contract rescinded C) can get back his $50,000 and related costs D) all of the above E) can do nothing as he should have investigated more carefully before he bought the franchise