Mass communication and high technology have led to highly individualized and distinct patterns of consumption in diverse cultures worldwide
Indicate whether the statement is true or false
FALSE
Business
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Sonesta Farm Equipment Company sold equipment for cash. The income statement shows a loss on the sale of $7,000. The net book value of the asset was $28,900. Which of the following statements describes the cash effect of the transaction?
A) positive cash flow of $35,900 from financing activities B) negative cash flow of $21,900 for operating activities C) negative cash flow of $21,900 for financing activities D) positive cash flow of $21,900 from investing activities
Business
Which is not a privacy or security issue for e-commerce?
A) fears of identity theft B) worries a company will sell personal information C) charging higher prices for some customers but not others D) being defrauded
Business