On the statement of cash flows, cash receipts from interest and dividends are classified as investing activities.
Answer the following statement true (T) or false (F)
False
Cash flows reported as operating activities include cash receipts from revenues, including interest and dividend revenue.
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Float, when applied to cash receipts, is the time between payment by customer and the availability of funds on deposit and available for use
Indicate whether the statement is true or false
Once the prototype of Wainwright Industries' new riding lawnmower, made especially for women, passes product tests, the next step is ________
A) test marketing B) focus group surveys C) commercialization D) concept testing E) business analysis
Assume that a client who sells rare, antique artwork wishes to sue a party who agreed to buy an original painting by Picasso. The client flew to Chicago to discuss the deal with the potential buyer and incurred $2,000 in travel expenses
The parties agreed on a price of $500,000, and that the seller would travel back to Chicago in 2 months with the painting. During those 2 months, the seller had 2 offers of $600,000 to buy the painting, which he had to refuse. The potential buyer has backed out of the deal. Discuss all the remedies the client/art seller should seek.
Selective distribution is becoming more popular than intensive distribution as firms see that they do not need 100 percent coverage of a market to support national advertising.
Answer the following statement true (T) or false (F)