The payment of dividends is an example of a(n)

A. Operating activity.
B. Financing activity.
C. Investing activity.
D. Delivery activity.

Ans: B. Financing activity.

Business

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The deduction for unreimbursed transportation expenses for employees is subject to the 2% of AGI floor.

a. true b. false

Business

For years, Mercedes-Benz utilized a ________ pricing strategy; however, this created an opportunity for Toyota to introduce its luxury Lexus line and undercut Mercedes

A) gray market B) skimming C) penetration D) market holding E) cost-based

Business