Dividend payments to shareholders are classified as operating activities on the statement of cash flows

Indicate whether the statement is true or false.

Answer: FALSE

Business

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When a buyer pays a lower price for buying in multiple units or above a specified dollar amount, what is the buyer receiving?

a. a quantity discount b. a functional discount c. a promotional allowance d. a cash discount

Business

With regard to the hedging principle, which of the following assets should be financed with current

liabilities? A) minimum level of cash required for year round operations B) expansion of accounts receivable to meet seasonal demand C) buildings D) machinery

Business