In today's digital, mobile, and social media environments, many buyers are more receptive to — or even prefer — phone and online contact versus the high level of face-to-face contact once required

Kevin Woodworking Company is preparing its statement of cash flows using the indirect method. During the year, Kevin sold equipment for $5,990 cash. The net book value of the asset was $4,970. Which of the following statements is true?

A) The gain on sale of $1,020 is added back to net income in the operating activities section. B) The book value of the assets sold is shown as a negative cash flow in the investing activities section. C) The cash receipt of $5,990 is shown as a positive cash flow in the investing activities section. D) The gain on sale of $1,020 is shown as a positive cash flow in the financing activities section.

Kimberly-Clark is going to place an additional order for plastic from its current vendor because of a larger order it has received from a customer for products the company manufacturers. The additional order for plastic would be a:

A) straight rebuy purchase B) modified rebuy purchase C) new task purchase D) none of the above