Norton Company reported total sales revenue of $55,000, total expenses of $45,000, and net income of $10,000 on its income statement for the year ended December 31, 2010 . During 2010, accounts receivable increased by $4,000, merchandise inventory increased by $6,000, accounts payable decreased by $2,000, and depreciation of $18,000 was recorded. Therefore, based only on this information, the net
cash flow from operating activities using the indirect method for 2010 was:
a. $30,000
b. $10,000
c. $16,000
d. $19,000
C
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Power deriving from one's personal attraction is called ______ power.
A. legitimate B. referent C. reward D. coercive E. personalized
A table in third normal form is free of partial dependencies, multiple dependencies, and transitive dependencies
Indicate whether the statement is true or false
The following information regarding a dependent variable y and an independent variable x is provided:
?x = 90?(y - 
)(x - 
) = -156?y = 340?(x - )2 = 234n = 4?(y - )2 = 1974SSR = 104?
The y-intercept is
A. -.667.
B. .667.
C. 100.
D. -100.
If a company uses a factory overhead ledger, at the end of the month, an accountant should:
a. close the accounts in the factory overhead ledger to Work in Process. b. total the accounts in the factory overhead ledger and compare the total to the balance in the Factory Overhead control account. c. prepare a schedule of fixed costs. d. All of the above are true.