Paul is a single father with 2 young daughters. He has decided to give up his 2 favorite hobbies—skydiving and race car driving—because they are risky pursuits that could lead to his premature death. This method of dealing with risk is called

No company is allowed wholly foreign-owned enterprise (WFOE) status in China

Indicate whether the statement is true or false

Presented below are the comparative December 31 financial statements for Martin Industries, Inc. (in $ Millions). Prepare a statement of cash flows for December 31, Year 2 using the indirect method

Martin Industries, Inc Balance Sheets At December 31, Year 2 and Year 1 Year 2 Year 1 Cash $96,719 $28,694 Accounts Receivable 100,000 85,313 Inventory 206,250 181,250 Prepaid Insurance 1,875 2,500 Land, Buildings, and Equipment 1,562,500 1,406,250 Accumulated Depreciation (762,500) (715,000) Investments 19,375 106,250 Total Assets $1,224,219 $1,095,256 Accounts Payable $95,425 $185,838 Salaries Payable 25,000 30,625 Notes Payable 31,250 93,750 Bonds Payable 250,000 - Common Stock 375,000 375,000 Retained Earnings 447,544 410,044 $1,224,219 $1,095,256 Additional information for Year 2 (1) Sold available for sale securities costing $86,875 for $92,500. (2) Equipment costing $25,000 with a book value of $6,250 was sold for $7,500. (3) Issued 8% bonds at face value for $250,000. (4) Purchased new equipment for $181,250 and paid cash. (5) Paid cash dividends of $25,000. (6) Net income was $62,500. What will be an ideal response?