How are cash receipts from interest on a note receivable classified on a statement of cash flows prepared using the direct method?
A. Noncash financing and investing activity
B. Financing activity
C. Investing activity
D. Operating activity
Answer: D
You might also like to view...
In a two-tier architecture approach is used primarily for wide area network (WAN) applications
Indicate whether the statement is true or false
According to the Myers–Briggs type indicator (MBTI), which of the following personality characteristics is related to being practical or “idea people”?
A. introversion/extraversion B. sensing/intuition C. thinking/feeling D. judging/perceiving
"Jamel, I agree with your recommendation to purchase the new instrument, even though we could develop and manufacture it internally. A purchase will be most ________, as long as you recognize that others will have it as well; in other words, it will not offer a ________," said Phillip Jones, operations manager.
A. time-consuming; price advantage B. cost-effective; time advantage C. cost-effective; competitive advantage D. time-consuming; time advantage E. time-consuming; competitive advantage
A resulting trust is a trust implied in law.
Answer the following statement true (T) or false (F)