The final step in generating a statement of cash flows is to
A) sum up cash flow from operations and transfer it to the balance sheet.
B) sum up cash flow from operations, financing, and investment activities and transfer it to
the balance sheet.
C) sum up cash flow from investing activities and transfer it to the balance sheet.
D) none of the above.
B
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President Donald Trump declared a 20 percent border tax on imports from Mexico to pay for the border wall. Which is the MOST likely effect of the border tax?
a. It will result in Mexico paying for the wall. b. It will result in American consumers paying for the wall. c. Both Mexico and America will pay for the wall. d. Mexico will avoid paying for the wall by raising their prices.
Which mode of transportation is used primarily for petroleum and natural gas?
A) Air B) Truck C) Water D) Pipeline
A condominium owner has
a. title to a specific unit in the building. b. responsibility for property taxes on the unit. c. ownership by deed. d. all of these.
Forest & Field Company makes and leases a backhoe to Gallagher. Due to a defect attributable to Forest & Field's negligence, Gallagher is injured in an accident in which his neighbor Helga is also hurt. In a product liability suit based on negligence, Forest & Field may be liable to A) Gallagher only
B) ?no one. C) Gallagher and Helga. D) Helga only.