Which of the following transactions would be reported in the cash flows from investing activities section in the statement of cash flows for the Harlem Company?
A) Harlem sold a piece of land for $600,000.
B) Harlem borrowed $3,000,000
C) Harlem issued common stock for $700,000 to investors.
D) Harlem paid a cash dividend to its shareholders.
A
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Instructor Services is a technology company that offers many IT services in highly populated southern Ohio. The company's services and products include computer training, support, monitoring, repair, network design, virus removal, and software upgrades. It even sells refurbished computers. The source of Instructor Services' strategic position is
A. low-profit margin and many customers. B. broad needs and few customers. C. broad needs and many customers. D. high-profit margin and many customers. E. high-profit margin and few customers.
The 34 nations that belong to the OECD, who believe in market-allocation economic systems and pluralistic democracy, are also addressed as "economic think tank" or the "rich man's club."
Indicate whether the statement is true or false
Financial institutions that operate for profit and handle a wide variety of financial services, and are sometimes referred to as full-service banks are:
a. savings and loan associations b. commercial banks c. mutual savings banks d. pension funds e. large brokerage houses
The 11 "titles" in the Sarbanes-Oxley Act of 2002 establish standards for accountability and responsibility in reporting financial information for publicly-traded corporations. Which of the following activities does the act provide that a corporation must abide by?
A. The corporation must have a committee that consists of an internal director nominated from the board to oversee the firm's audits. B. The corporation's internal auditor will render a biased opinion concerning the firm's financial statements. C. The corporation must maximize social welfare through funding of environmentally friendly activities. D. The corporation must provide additional information about the procedures used to construct and report financial statements. E. Either the firm's chief executive officer (CEO) or its chief financial officer (CFO), but not both, must certify audit reports submitted to the Securities Exchange Commission.