In a statement of cash flows, receipts from sales of property, plant, and equipment would be classified as cash inflows from
a. liquidating activities.
b. operating activities.
c. investing activities.
d. financing activities.
C
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As stated in the textbook, ______ who communicate, set clear goals, and are confident and protective of their teams tend to nurture a creative environment.
A. work groups B. supervisors C. organizations D. coordinators
Aldi's and Dollar General stores have been expanding their footprint across the United States, opening new locations and competing against traditional discount and grocery store chains, such as Walmart, Target, Kmart, Kroger, Jewel Osco, and Schnucks. Both Aldi's and Dollar General hope to capture a large proportion of the dollars consumers spend on grocery and general merchandise items and have responded to consumer desires for value and convenience of a smaller store. What type of pricing objective are these stores utilizing?
A. Market share B. Return on investment C. Profit D. Survival
Fetzer Company declared a $0.55 per share cash dividend. The company has 200,000 shares authorized, 190,000 shares issued, and 8,000 shares in treasury stock. The journal entry to record the dividend declaration is:
A. Debit Retained Earnings $104,500; credit Common Dividends Payable $104,500. B. Debit Retained Earnings $100,100; credit Common Dividends Payable $100,100. C. Debit Common Dividends Payable $100,100; credit Cash $100,100. D. Debit Common Dividends Payable $104,500; credit Cash $104,500. E. Debit Retained Earnings $110,000; credit Common Dividends Payable $110,000.
Fact Pattern 31-1A24-Hour Credit Corporation issues high-cost and high-fee mortgage products to people, including Benny, who could not easily obtain credit under other loan programs.Refer to Fact Pattern 31-1A. Under federal law, disclosures with respect to one of 24-Hour Credit's loans must be provided
A. a certain number of days after the loan is finalized. B. a certain number of days before the loan is finalized. C. at the same time at which the loan is finalized. D. at whatever time is most rational and appropriate.