Which of the following journal entries has an effect on cash provided by (used in) operating activities?

A. Bad debts expense.
B. Depreciation expense.
C. Payment of interest on long-term notes payable.
D. Sale of an investment.


Answer: C

Business

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Unrealized holding gains and losses from investments classified as trading are reported in the ___________________________________

Fill in the blank(s) with correct word

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The if-converted method of computing EPS data assumes conversion of convertible securities at the

a. beginning of the earliest period reported (or at time of issuance, if later). b. beginning of the earliest period reported (regardless of time of issuance). c. middle of the earliest period reported (regardless of time of issuance). d. ending of the earliest period reported (regardless of time of issuance).

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Your friend Denisha is preparing a speech for her communication class. She is considering dropping the class because she is so nervous about speaking in class. What three tips can you give her to help ease her communication apprehension?

What will be an ideal response?

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A run-out approach to product deletion lets the product decline without changing the marketing strategy.

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

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