Which of the following sections include cash flows from selling or repurchasing capital stock, long–term borrowing, and contributions from owners?
a. Investing activities section
b. Noncash activities section
c. Operating activities section
d. Financing activities section
d
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Park, Inc purchased merchandise from Jay Zee Music Company on June 5, 2016 . The goods were shipped the same day. The merchandise's selling price was $15,000 . The credit terms were 1/10, n/30 . The shipping terms were FOB shipping point. Park received the merchandise on June 10, 2016 . Park paid the amount due on June 13, 2016. Park uses a perpetual inventory system. When will the cost of
merchandise sold be recorded as an expense? a. The end of the accounting period b. The date the merchandise was purchased c. The date the merchandise is sold d. Cannot be determined without further information
At January 1, 2012, Porter should record an asset and liability with respect to the equipment lease equal to
a. $258,726 b. $239,562 c. $275,000 d. $0
In Chinese, the KFC slogan "finger-lickin' good" came out as "eat your fingers off." And Motorola's Hello-moto ringtone sounded like "Hello, Fatty" in India. Which of the following strategies can be used to avoid such mistake
A) communication adaptation B) standardized global marketing C) straight product extension D) product adaptation E) communication extension
DyEnergy Corporation has correctly computed its economic order quantity at 5,000 units. However, the management feels it would rather order in quantities of 4,000 units in order to reduce inventory holding risks. How should ' the firm's total annual purchase order cost and total annual carrying cost for an order quantity of 4,000 units compare to the respective amounts for an order quantity of
5,000 units? a. Lower purchase order cost and higher carrying cost b. Lower purchase order cost and lower carrying cost c. Higher purchase order cost and lower carrying cost d. Higher purchase order cost and higher carrying cost