When a cash register triggers a coupon for a product, it is called a:
A) bounce-back coupon
B) scanner-delivered coupon
C) cross-ruffing coupon
D) response offer coupon
B
Business
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Leather Shop earned net income of $ 57, 000 after deducting depreciation of $ 5, 000 and all other expenses. Current assets decreased by $ 4, 000, and current liabilities increased by $ 8, 000. How much was Leather Shop's cash provided by operating activities (indirect method)?
A. $ 40, 000 B. $ 66, 000 C. $ 48, 000 D. $ 74, 000
Business
Under the installment-sales method, companies defer revenue and income recognition until the period of cash collection.
a. true b. false
Business