Even though a sale by a merchant, an implied warranty of merchantability does not arise if the goods are sold used
Indicate whether the statement is true or false
F
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Which one of the following statements is true?
a. The two primary sources of financing available to corporations are borrowed funds and funds invested by owners. b. Financing activities involve the acquisition of property, plant and equipment. c. Borrowed funds are a more permanent source of financing than funds invested by owners. d. Investing activities involve the selling of products or services and the incurring of expenses related to selling these products and services.
Which of the following statements is true regarding sexual orientation in the United States?
A. Organizational approaches to sexual orientation have remained the same since the 1960’s. B. In all states, only a man and a woman can marry. C. In all states, it is illegal to fire an employee based on sexual orientation. D. In some states, it is still legal to fire an employee based on sexual orientation.
In a society that values individual freedom, everything that is legal is ethically right and everything that is ethically wrong is illegal.
Answer the following statement true (T) or false (F)
For 20x5, Devers Enterprises had average total assets of $1,040,000, sales of $900,000, net income of $100,000, net cash flows from operating activities of $150,000, dividend payments of $50,000, purchases of plant assets of $120,000, and sales of plant
assets of $110,000. Using this information, compute (a) cash flow yield, (b) cash flows to sales, (c) cash flows to assets, and (d) free cash flow. Round amounts to one decimal place.