Cash flows from acquiring and disposing of long-term assets are classified as
a. operating activities.
b. investing activities.
c. financing activities.
d. purchasing activities.
b
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What is the form sent by the seller to the buyer as evidence of a sale?
a. an invoice approval form b. an invoice c. a receiving report d. a purchase order
If followers have a very high level of readiness in terms of their ability and confidence to address and make a decision about a problem at hand, then the style of leadership that should be used is ______.
a. directive b. consultative c. facilitative d. delegative
A company has earnings per share of $9.60. Its dividend per share is $0.50, its market price per share is $110, and its book value per share is $96. Its price-earnings ratio equals:
A. 10.0. B. 0.87. C. 1.15. D. 11.46. E. 19.2.
Limited partners can lose their limited liability by:
A) Breaching their fiduciary duty to the limited partnership. B) Actively managing the business of the limited partnership. C) Serving as a paid consultant to the limited partnership. D) Withdrawing from a limited partnership contrary to provisions in the limited partnership agreement. E) Investing too much in the partnership.