The acquisition of a building by signing a mortgage note payable is included on the statement of cash flows as a(n)
a. operating activity; b. investing activity; c. financing activity; d. schedule of noncash investing and financing activities; e. none of these.
D
You might also like to view...
In the E-R diagram for OE/S, SALES_ORDERS activates the STOCK_PICK
Indicate whether the statement is true or false
Which of the following compositional modes function as a miniature version of a? document?
A. Teasers B. Reference materials C. Orientations D. Tutorials E. Summaries??
Where can the amounts needed to compute the accounts receivable turnover ratio be found?
a. The income statement b. The balance sheet c. The statement of cash flows d. Both (a) and (b).
The CEO of a company is a very strong adherent of Milton Friedman’s philosophy. Which of the following actions is she most likely to pursue or support?
a. raising base employee salaries, regardless of performance, to improve workforce health b. voluntarily spending money on ethics training in order to be granted B Corporation status c. lobbying for government deregulation that would allow the company to dispose of its waste more cheaply, even if it hurt the environment d. illegally moving money into shell companies out of the country to avoid taxation