In a statement of cash flows, interest paid to creditors is classified as a cash flow from:
A. Operating activities
B. Investing activities
C. Trading activities
D. Financing activities
Ans: A. Operating activities
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Net sales are the sales of goods and services after adjustments for permanent and temporary expenses are made
A. True B. False
Refer to Additional Case 1.2. The HR strategies suggested are examples of:
Additional Case 1.2 As the manager of HR of an old, established company, you are leading the management team in a strategic planning session. During the planning session, managers are being forced to think about the future, see the likely changes in the marketplace, and make plans to use company resources to enhance their competitive edge. The company decides that as part of its business strategy, it wants to attract and retain the best possible employees. You suggest that the company pay a hiring bonus, use a pay scale that is 10% above the industry average, and provide an extra week of vacation after only one year instead of the standard three years. A) intended strategies. B) emergent strategies. C) diversification strategies. D) business unit strategies