In general, proponents of the utilitarian school of thought judge all conduct of individuals or businesses on whether that conduct brings net ________ to a society

To prepare a statement of cash flows (indirect method), which of the following items should be added back to net income to derive "cash flow from operating activities?"

A. Depreciation expense. B. Increase in accounts receivable. C. Loss on a sale of equipment. D. Two of the above are correct.

Bryant Inc. just issued $1,000 par 30-year bonds. The bonds sold for $1,107.20 and pay interest

semiannually. Investors require a rate of 7.75% on the bonds. What is the bonds' coupon rate? A) 8.675% B) 7.750% C) 4.125% D) 9.333%