The ________ studies showed that there is a dynamic social system in the workplace

Jelly Bean Company uses the indirect method to prepare its statement of cash flows

Refer to the following portion of the comparative balance sheet: Jelly Bean Company Comparative Balance Sheet December 31, 2017 and 2016 2016 2015 Increase/(Decrease) Common Stock $31,000 $2,200 $28,800 Retained Earnings 120,000 79,000 41,000 Treasury Stock (13,000 ) (8,500 ) (4,500 ) Total Equity $138,000 $72,700 $65,300 Note: 1. There were no stock retirements during the year. 2. There were no sales of treasury stock during the year. Compute the cash flow from transactions involving treasury stock. A) zero net cash flow B) $4,500 of positive cash flow C) $4,500 negative cash flow D) $13,000 negative cash flow

Fashion Fiesta Company uses the indirect method to prepare its statement of cash flows

Refer to the following portion of the comparative balance sheet: Fashion Fiesta Company Comparative Balance Sheet December 31, 2016 and 2015 2016 2015 Increase (Decrease) Accounts Payable $6,000 $9,000 $(3,000 ) Accrued Liabilities 3,000 1,500 1,500 Long-term Notes Payable 126,000 135,000 (9,000 ) Total liabilities $135,000 $145,500 $(10,500 ) Additional information provided by the company includes the following: During 2015, the company repaid $60,000 of long-term notes payable. During 2015, the company borrowed $51,000 on a new long-term note payable. Use the T-account format to evaluate the transactions affecting the long-term notes payable account. What will be an ideal response