Equity theory says we compare our ratio to
a. Referent others
b. Authorities
c. Inequality figures
d. Perceived inequity
a. Referent others
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The statement of cash flows categorizes all cash flow into three major types of activities, namely ____________________, ____________________, and ____________________
Fill in the blank(s) with correct word
Organized intelligence should systematize the collection and analysis of internal information
Indicate whether the statement is true or false
At the beginning of the year, a firm leased equipment on a capital lease, capitalizing $60,000 in its lease receivable account. The contract calls for December 31 payments of $15,000 . The lessor's annual reporting period ends December 31 and the contract reflects 10% interest. The lessee made the first payment as required. The direct method statement of cash flows for the lessor should reflect
which of the following in the first year of the lease contract (ignore noncash disclosures)? a. $15,000 operating cash flow b. $6,000 operating cash flow; $9,000 investing cash flow c. $6,000 operating cash flow; $9,000 addition reconciling adjustment d. $9,000 investing cash flow
ExxonMobil enters into a pact with Gazprom, the world's largest natural gas extractor, to set up a processing unit in Baku, Azerbaijan. Which of the following is most likely the reason for ExxonMobil to opt for this strategic alliance?
A. to gain access to low-cost inputs of production B. to better compete with Gazprom C. to gain access to new customers D. to restrict its factors of production E. to scale back its core competencies