A(n) ________ plan lays out a broad course of action to achieve a long-term goal, typically over the course of three to five years

Equity skimming is a felony in Colorado and illegal in all states.

a. true b. false

Which of the following should be shown on a statement of cash flows under the financing activity section?

A) the purchase of a long-term investment in the common stock of another company B) the payment of cash to retire a long-term note C) the proceeds from the sale of a building D) the issuance of a long-term note to acquire land