Leadership neutralizers tend to be dysfunctional for the organization because they MOST OFTEN indicate that the ________
A) leader is competent but lazy
B) leader's influence is lacking
C) leader is spending time doing other things
D) leader has voluntarily given up her role
B
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Christopher Corp is preparing its statement of cash flows using the indirect method
It provides the following information about transactions for the year: Plant assets, net-beginning balance: $111,000 Plant assets, net-ending balance: $148,000 Equipment was purchased for $65,000. Equipment with a net asset value of $12,000 was sold for $18,000. Depreciation Expense of $16,000 was recorded during the year. What was the amount of net cash provided by (used for) investing activities? A) $(47,000 ) B) $47,000 C) $(63,000 ) D) $(39,000 )
On January 1, 20D, Haight, Inc., purchased a machine with a cash price of $18,000. Haight also paid $750 for transportation and installation. The expected useful life of the machine is 5 years and the residual value is $1,000. Assuming straight-line depreciation, the annual depreciation expense would be
A. $3,600. B. $3,550. C. $3,750. D. $3,400.