The comparative balance sheets of Friends, Inc. show a net increase in accounts receivable of $650 and a net decrease in inventory of $500. To determine net cash flow from operating activities under the indirect method, net income should be:

Some of the world's most memorable advertising campaigns have achieved success because they originate from an idea that is so big that the campaign offers opportunities for a seemingly unlimited number of new executions

Such a campaign is said to have: A) "life." B) "legs." C) "love." D) "fun." E) "toes."

If an investor company has significant influence over an investee company, the investment is valued at the fair value of the stock on the balance sheet date

Indicate whether the statement is true or false.