Which is the best approach when calculating the present value of a house built in 1910?
a. replica cost of construction
b. current construction cost
c. original construction cost
d. original construction cost with cost of living index
Answer: b. current construction cost
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Presented below are activities from Prosser Industries, Inc
Activity O, I, or F Purchase of equipment Sale of treasury stock Payments to employees Sale of idle land Purchase of inventory on credit Payment of dividends to shareholders Redemption of bonds payable Sale of long term investments Payment of interest on bonds payable Required: Please indicate whether each of these activities is classified as an (O)perating, (I)nvesting, or (F)inancing Activity on the statement of cash flows. What will be an ideal response?
What types of technologies are strong enough to create or destroy companies?
A) connective B) social media C) mobile D) disruptive E) collaborative