Which of the following would NOT be a cash flow from financing activities for Carlton Company?
a. Cash from issuance of Carlton Co. common stock
b. Cash from issuance of Carlton Co. preferred stock
c. Cash from issuance of Carlton Co. bonds payable
d. Cash from sale of Fern Company common stock
D
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Plano Corporation reported net income $24,000; net sales $400,000; and average assets of $600,000 for 2014. What is the 2014 profit margin?
A. 6% B. 12% C. 40% D. 200%
The Worker Adjustment and Retraining Notification Act exempts an employer from giving
notice of an otherwise covered layoff or plant closing if: A) The employees are represented by a union. B) The employees are not represented by a union. C) Rumors of the closing already existed at the time the notice would have been required. D) The giving of notice would work an undue hardship on the employer. E) The employer was seeking capital investment in the business, and notice of the layoff or closing would have precluded the employer from acquiring the capital.