Carnival Bakery borrowed $500,000 from Front Street Bank. Carnival then hired a contractor to build a new cookie distribution outlet. In which section of Carnival's statement of cash flows would you find information that indicated that Carnival acquired the new cookie distribution outlet?
a. Operating Activities
b. Investing Activities
c. Financing Activities
d. Profit Activities
b
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Which of the following would cause the Trial Balance to be out of balance?
A. Placing the Equipment account balance in the Debit column B. Placing the Rent Expense account balance in the Debit column C. Placing the Accounts Receivable balance in the Credit column D. Placing the Capital account balance in the Credit column
Answer the following statement(s) true (T) or false (F)
1. An objective of scheduling is that the work-in-process inventories are maximized. 2. Job-shop scheduling is considerably more complex than line process scheduling. 3. Worker assignment is one of the major issues to be addressed by schedulers in order to reduce the size of the queues in intermittent processes. 4. One of the objectives of loading decisions is to maximize the processing time. 5. Setup times are dependent on job processing sequence, is an assumption required for the use of priority rules.
In a public stock company, senior executives, such as the CEO, face agency problems when
A. they decide to get involved in the day-to-day operations of a company. B. the board of directors possesses more information about the company than they do. C. the firm designs work tasks, incentives, and employments that minimize opportunism. D. they delegate authority of strategic business units to general managers.
Expert power is derived from
A. manager access, control, and distribution of information that is not freely available to everyone in an organization. B. referent power. C. organizationally conferred decision-making authority. D. leader capability and knowledge in a particular field.