Financing activities include receiving cash from issuing debt and paying cash dividends to shareholders.
Answer the following statement true (T) or false (F)
True
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The following information is available from the current period financial statements: Net income $165,000 Depreciation expense 28,000 Increase in accounts receivable 16,000 Decrease in accounts payable 21,000 The net cash flow from operating activities using the indirect method is
a. $230,000 b. $188,000 c. $198,000 d. $156,000
The owners of limited liability companies (LLCs) are called members because:
A. they can only be individuals and not foreign investors or other corporations. B. LLCs are not considered separate and distinct from their owners. C. they share the same interests in the firm as common stockholders. D. LLCs are neither corporations nor partnerships.
Big data involves data sets too large and complex to work with typical database management tools.
Answer the following statement true (T) or false (F)
Secondary data are data collected from inside the organization; primary data are those collected from outside the organization.
Answer the following statement true (T) or false (F)