Companies can use two different methods to report the amount of cash flow from their investing and financing activities on the statement of cash flows

Indicate whether the statement is true or false


False

Business

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Treasury stock that had been purchased for $5,600 last month was reissued this month for $8,500 . The journal entry to record the reissuance would include a credit to

a. Treasury Stock for $8,500 b. Paid-In Capital from Sale of Treasury Stock for $8,500 c. Paid­In Capital in Excess of Par—Common Stock for $2,900 d. Paid-In Capital from Sale of Treasury Stock for $2,900

Business

Recently ConocoPhillips, America's third-biggest oil company, spun off its refineries, pipelines, and chemicals division to form a new company called Phillips 66. Now ConocoPhillips will concentrate on its upstream operations. This is a variation of which of these grand strategies?   

A. Right-size B. Growth C. Stability D. Defensive E. Reorganization

Business

Which of the following scholars identified four components of authenticity, including self-awareness, balanced processing, relational transparency, and internalized moral perspective?

A. Terry B. George C. Walumbwa et al. D. Luthans and Avolio

Business

Revenues are increases in equity (via net income) from a company's sales of products and services to customers.

Answer the following statement true (T) or false (F)

Business