Clarion Corporation provided the provided the following partial list of account balances for Year 2:
Net income was $100,000 for Year 2.Required: Prepare the financing activities section of the statement of cash flows.
What will be an ideal response?
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Puffery refers to simple exaggerations in advertisements that are not meant to be believed and are considered illegal
Indicate whether the statement is true or false
Which of the following is true of Web 2.0?
A) It categorizes entries according to a strict taxonomy. B) It gets updated constantly. C) It is based on the open source model. D) It is based on the wisdom of crowds model. E) It improves as the number of users decreases.
Ted loaned his snow blower to Rajesh but told him he had to return it by January 7 when Ted would be home from vacation
Ted went to Rajesh on January 7 and asked for it back, but Rajesh said he had taken it to his chalet up north and was keeping it as Ted owed him money for a fence repair and the snow blower was worth about that much. As a result Rajesh is A) liable for trespass to goods B) liable for conversion C) liable for negligence D) liable for inducing breach of contract E) not liable for anything if the snow blower is the same value as the fence repair
A defense to a civil action brought under Section 10(b) and Rule 10b-5 of the 1934 Act would be:
a. that the statute of frauds was not observed. b. that the seller of the securities was not in privity of contract with the plaintiffs. c. that the sellers did not intentionally or recklessly make a false representation. d. All of the above.