During 2016, the accounts receivable balance of Dickerson Corp increased. Which of the following statements is true?
a. This indicates that Dickerson sold more than it collected in cash during the period.
b. This increase is added to net income in the operating activities section of a statement of cash flows prepared under the indirect method.
c. This increase is added to sales recognized on the income statement to determine the cash collections from customers during the period.
d. This increase is considered only when the operating activities section of a statement of cash flows is prepared under the indirect method.
a
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Licensing as a market entry mode has several disadvantages and opportunity costs, which does not include:
A) limited market control. B) agreement may have short life. C) leveraging and exploiting by licensee. D) similar product or technology development by licensee. E) adaptations by licensee to fit local tastes.
When using the indirect method, the gain from selling a long-term investment is recognized in which of the following?
a. In the operating activity section and the investing activity section of the statement of cash flows. b. In the financing activity section of the statement of cash flows. c. In the noncash investing or financing activity supplemental section of the statement of cash flows. d. Gains are not recognized in the statement of cash flows under the indirect method.
A female ______.
a. may face either a glass ceiling or a glass cliff b. may face multiple glass ceilings and glass cliffs c. can only face a single glass ceiling and a single glass cliff throughout her career d. who falls off a glass cliff will not be able to face a glass ceiling
An annual reporting period consisting of any twelve consecutive months is known as:
A. Seasonal year. B. Natural business year. C. Fiscal year. D. Calendar year. E. Interim financial period.