For each of the following, identify whether it would be disclosed as an operating (O), financing (F), or investing (I)activity on the statement of cash flows under the indirect method
a. ____purchased treasury stock
b. ____sold equipment at book value
c. ____net income
d. ____sold long-term investments
e. ____issued common stock
f. ____depreciation expense
a. F - financing
b. I - investing
c. O - operating
d. I - investing
e. F - financing
f. O - operating
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One type of trust is ________-based trust, concerned with assuring consistent behavior, holds that individuals will do what they say because they are rewarded, or they fear the consequences.
Fill in the blank(s) with the appropriate word(s).
Total estimated overhead costs should be divided by actual direct labor hours to compute an overhead rate per direct labor hour
Indicate whether the statement is true or false
Springfield, a convenience store, has recently begun to redesign and restock its stores to offer a more upscale environment with products such as house wines and fresh foods
This information indicates that Springfield has most likely changed its ________. A) positioning B) price strategy C) service level D) corporate identity E) organizational structure
Lewis, who is single, is claimed as a dependent by his parents. He received $2,000 during the year in dividends, which was his only income. What is his standard deduction for 2018?
A. $2,000 B. $12,000 C. $1,050 D. $2,350