Which of the following independent transactions would cause net income to be more than cash from operating activities?
a. A decrease in the accounts receivable account
b. An increase in the merchandise inventory account
c. An increase in the accounts payable account
d. An increase in the accrued wages payable account
B
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Servitude is the right of a government to exclusively exercise its powers within a particular territory
Indicate whether the statement is true or false
Which of the following is a major source of pressure on unions to decrease the complexity and legalistic nature of collective bargaining contracts?
A. Increased frequency of strikes B. Declining unionization rates C. Need for increased workplace flexibility D. Increasing financialization of business
The odds of survival for a new venture improve if
A. it grows to at least 10 or 20 people. B. there is novelty. C. there is an economic downturn. D. it has revenues of $1 million. E. it is small.
During Year 1, Morsch Company issued common stock to stockholders for $10,000; purchased land for $2,000 cash; provided services to customers for $8,000; paid cash operating expenses of $6,200; and paid cash dividends of $1,000 to the company's owners. Required:Enter each of these events into the horizontal financial statements model, below. Indicate dollar amounts of increases and decreases. For cash flows, show whether they are operating activities (OA), investing activities (IA), or financing activities (FA). Enter a "0" if a transaction does not affect a given element of the accounting equation. EventAssets=Liab.+EquityRev.-Exp.=Net Inc.Stmt of Cash Flowsa)???????????b)???????????c)???????????
What will be an ideal response?