Which of the following is considered an operating activity on the statement of cash flows prepared using the direct method?
A) dividends paid to stockholders
B) sale of merchandise inventory for cash
C) payment to purchase equipment
D) the receipt of cash from sale of equipment
B
Business
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A member of a manager-managed LLC (limited liability company) who is not a manager owes no fiduciary duty of loyalty or care to the LLC or its other members
Indicate whether the statement is true or false
Business
Which of the following is a characteristic of a global team?
A) culturally diverse B) similarly trained C) domestically based D) constant face-to-face interaction
Business