Which of the following items is added to net income to determine cash flows from operating activities when the indirect method is used to prepare the Operating Activities category of the statement of cash flows?

a. Accumulated depreciation
b. Cash from note payable related to truck acquired
c. Cost of plant assets acquired during the year
d. Depreciation expense

d

Business

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Each of the following statements are true about deed EXCEPT:

a. the deed must use a legal description to identify the property b. the deed does not need to be in writing c. grantor must be of legal age and sound mind but not the grantee d. grantor must sign the deed

Business

________ refer to a form of product that consists of activities, benefits, or satisfactions offered for sale that are essentially intangible

A) Co-brands B) Line extensions C) Services D) Pure products E) Horizontal extensions

Business