When using the indirect method, how would the retirement of bonds payable at their maturity date be shown on the statement of cash flows?
a. Operating activity
b. Investing activity
c. Financing activity
d. Noncash investing and financing activity
c
You might also like to view...
The most effective and easiest mode of delivering presentations in nearly all situations is
A) memorization. B) reading from a prepared script. C) speaking from an outline or notes. D) impromptu speaking. E) from a seated position.
Which of the following is true of an express agency?
A) The agency involved is allowed to have multiple agents if desired. B) The agency is implied from the conduct of the parties. C) The agency comes to effect when the principal ratifies an unauthorized act. D) The agency arises when a principal creates the appearance of an agency that does not exist.
What is the plural of the word "Oreo"?
A. Oreos B. Oreoes C. Oreo's D. Oreo'es
Congress enacts the Ad Restriction Act (ARA) to limit advertising in certain circumstances. The ARA will be considered valid if it directly advances a substantial government interest
a. and goes no further than necessary to achieve its purpose. b. without regard to how "far" it goes. c. and the parties affected by it can elect how "far" to go in applying it. d. and goes further than necessary to ensure full coverage.