Which of the following does not represent a liability?
A) An obligation for estimated income taxes payable
B) Interest that has accrued on a bank loan
C) An obligation to pay for goods purchased, payable one year after purchase
D) An obligation for future purchases of goods
D
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______ is the set of psychological processes that arouse and direct goal-directed behavior.
A. Self-actualization B. Productivity C. Self-determination D. Reinforcement E. Motivation
Leadership actions or managerial practices NOT normally taken to foster a results-oriented, high-performance culture include
A. using motivational techniques and compensation incentives to inspire employees. B. building morale and fostering pride. C. treating employees as individuals with no regard for their rank or contributions. D. using the tools of benchmarking, best practices, business process reengineering, TQM, and Six Sigma to focus attention on continuous improvement. E. setting stretch objectives and clearly communicating expectations for reaching targets.
In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income$73,000? Accounts payable increased by 20,100? Accounts receivable decreased by 27,100? Inventories increased by 9200? Depreciation expense 36,300? Net cash provided by operating activities was:
A. $93,100. B. $111,500. C. $147,300. D. $74,700. E. $165,700.
When applying the retail method, which of the following would not be a component of the cost-to-retail percentage?
a. Purchases b. Beginning inventory c. Sales d. Freight-in