A use of cash for investing activities is ________

A) payment of an account payable
B) payment of dividends
C) cash used to buy equipment
D) cash used to purchase treasury stock

C

Business

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Karen has just started her first research project for her new firm, Standard Research. After meeting with the project team, Karen knows that the client, Cookies! Cookies! Cookies! (C!C!C!), is interested in statistical analyses to help decide on a new cookie flavor for their "healthy" line. C!C!C! needs to test whether the concept of the new flavor sounds appealing; consumers do not actually need to taste the flavor. Which of the following survey data collection methods should be used to best meet the client's needs?

A) telephone interview B) mall intercept C) in-office interview D) in-home interview E) mail survey

Business

Merchant Corporation provides plumbing services. Transactions of Merchant during the first year of operations are given below

a) Received $12,000 cash and issued common stock to Sharon b) Paid $1,600 cash for equipment to be used for plumbing repairs. c) Borrowed $14,000 from a local bank and deposited the money in the checking account. d) Paid $600 rent for the year. e) Purchased $200 of office supplies by cash. f) Completed a plumbing repair project for a local lawyer and received $3,000 cash. Calculate the amount of total liabilities at the end of the first year. A) $14,000 B) $12,000 C) $24,400 D) $3,000

Business