[The following information applies to the questions displayed below.] Riley Company borrowed $36,000 on April 1, Year 1 from Titan Bank. The note issued by Riley carried a one-year term and a 7% annual interest rate. Riley earned cash revenues of $1,700 during Year 1 and $1,400 during Year 2. Assume no other transactions.Based on this information alone, what amount of cash flow from operating activities would appear on the Year 2 statement of cash flows?
A. $770 inflow
B. $1,120 outflow
C. $1,400 inflow
D. $38,520 outflow
Answer: B
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The Merchandise Inventory account of a company shows a balance of $30,000, but a physical count of inventory shows $29,000. Which of the following entries is required to record the shrinkage? (Assume a perpetual inventory system.)
In the pretest-posttest control group design shown above, selection bias is eliminated by ________
A) design control B) randomization C) matching D) statistical control
Levi is researching a company that he thinks might be a good fit for him. He is talking to current employees to get their opinions about what they like and dislike about the company and looking up the company online to get a better sense of the working environment. Levi is engaged in which stage of Feldman’s organizational socialization model?
A. context phase B. change and acquisition phase C. anticipatory socialization D. encounter phase
What word is represented by the abbreviation: in.
What will be an ideal response?