When using the direct method, how is the payment of a cash dividend shown on the statement of cash flows?

a. Operating activity
b. Investing activity
c. Financing activity
d. Noncash investing and financing activity


c

Business

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National Pollution Discharge Elimination System (NPDES) permits establish limits on the concentration and amount of various pollutants that can be discharged and require the discharger to keep records, to install equipment to monitor the discharges, and report the monitoring results to the state environmental agency.

Answer the following statement true (T) or false (F)

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Luke works as a manager at Fun Land, Inc. He is stressed with his job and hence talks to his supervisor about the issues he is facing. His supervisor encourages a change in his goals and values. Which of the following functions of counseling is most likely being exemplified in this scenario?

A. Clarified thinking B. Advice C. Reorientation D. Reassurance

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Managers cannot serve as employee mentors, only leaders can do that.

a. True b. False

Business

Alpha Inc.'s beta is 1.2, the risk-free rate is 10 percent, and the market risk premium is 5 percent. Which of the following is Alpha's cost of retained earnings using the capital asset pricing model (CAPM) approach??

A. ?8 percent B. ?10 percent C. ?12 percent D. ?14 percent E. ?16 percent

Business