When using the indirect method to calculate and report net cash provided or used by operating activities, which of the following is subtracted from net income?

A. Decrease in merchandise inventory.
B. Amortization of intangible assets.
C. Decrease in income taxes payable.
D. Bad debts expense.
E. Depreciation expense.


Answer: C

Business

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Ron, the vice president of HR at Masters Inc., claims that the department's effectiveness has improved since it implemented the use of an HR dashboard. What capabilities of an HR dashboard best explain this improvement?

A. The HR dashboard is used by all the employees. B. The HR dashboard supplies human resource information to managers in their cars. C. The HR dashboard provides an easy-to-scan review of HR performance on a companywide basis. D. The HR dashboard eliminated the need for relational databases. E. The HR dashboard performs computations of routine HR practices.

Business

Flagship Logistics provides the following information:


What is the company's asset turnover ratio? (Round your answer to two decimal places.)
A) 4.29
B) 4.82
C) 12.90
D) 7.69

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Briefly explain why it is important to communicate with stakeholders during an MPR crisis

What will be an ideal response?

Business

What is shelf registration?

A. A method of filing Form 10-K with the SEC. B. A procedure that allows the sale of securities to a small group of knowledgeable investors without any general solicitation. C. The registration of mutual funds that engage in investing and trading securities. D. A procedure that allows large companies to register securities with the SEC and then sell them over a period of two years without registering again within that period. E. The registration of securities issued in connection with business combination transactions.

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