Moore Sales purchased equipment for $50,000 by issuing a six-month note payable. On the statement of cash flows, this transaction would be shown in the ________

A) non-cash financing and investing activities section
B) investing activities section
C) operating activities section
D) financing activities section


A

Business

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Assortment, or depth, of a merchandise category is the number of different merchandising subcategories offered.

Answer the following statement true (T) or false (F)

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Newberry Company's stockholders' equity equals one-fourth of the company's total assets. The company's liabilities are $309,000. What is the amount of the company's stockholders' equity?

Business

The ________ ________ did not receive a raise this year because of the state budget cuts

A) colleges teachers B) college's teachers' C) colleges' teacher's D) college's teachers

Business

Allison expects her monthly cash inflow after taxes to be $3,000

She also has the following monthly expenses: Rent, $750; student loan payment, $200; utilities, $150; food, $300; recreation, $600; car expenses, $200; clothing, $150. What is Allison's net cash flow for the current month? A) $2,350 B) $650 C) ($650) D) $3,000

Business