When using the indirect method, how is the receipt of cash from the sale of long-term investments treated on the statement of cash flows?

a. Operating activity
b. Investing activity
c. Financing activity
d. Noncash investing or financing activity

b

Business

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InLinK Inc incurred a cost of $ 48,000 for material, $20,000 for labor, and $60,000 for factory overhead. There was no beginning or ending work in process. 8,000 units were completed and transferred out. The unit cost for material is:

a. $ 6.0 b. $ 7.5 c. $ 8.0 d. $15.0

Business

Proposed administrative regulations must be: A)printed in the Federal Register

B)published in the trade journals of those trades that will be affected by the proposed rules. C)Neither printed in the Federal Register nor published in the trade journals of trades that will be affected. D)Both printed in the Federal Register and published in the trade journals of trades that will be affected.

Business