Open source code is any program whose source code is made available for use or modification, as users or other developers see fit
a. True
b. False
Indicate whether the statement is true or false
True
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The net income reported on the income statement for the current year was $275,000 . Depreciation recorded onfixed assets and amortization of patents for the year were $40,000 and $9,000, respectively. Balances of currentasset and current liability accounts at the end and at the beginning of the year are as follows: End Beginning Cash $50,000 $60,000 Accounts receivable 112,000 108,000 Inventories
105,000 93,000 Prepaid expenses 4,500 6,500 Accounts payable (merchandise creditors) 75,000 89,000 What is the amount of cash flows from operating activities reported on the statement of cash flows prepared by theindirect method? a. $198,000 b. $324,000 c. $352,000 d. $296,000
The focus of business process reengineering (BPR) is improving
a. products. b. processes. c. cost reduction. d. decision making.
Cash received from the issuance of notes payable is a(n) ________ activity on the statement of cash flows
A) non-cash investing and financing B) financing C) operating D) investing
Virtual worlds are online applications that let users interact with one another and create and use objects. Recently, virtual world applications have been introduced for business. One example of a real-life application in a virtual environment would be to simulate disasters such as hurricanes or floods. Relating to the case, what other activities could businesses use virtual worlds for?
What will be an ideal response?