In investigating a complaint about deceptive advertising, the role of the National Advertising Division of the Better Business Bureau is to collect information and evaluate data concerning the complaint to determine whether the advertiser's claim is

Upon review of Johnson's Statement of Cash Flows, the following was noted: Cash flows from operating activities $ 15,000 Cash flows from investing activities 80,000 Cash flows from financing activities (60,000) From this information, the most likely explanation is that Johnson is

A) using cash from operations and selling long-term assets to pay back debt. B) using cash from operations and borrowing to purchase long-term assets. C) using its profits to expand growth. D) using cash from investors to provide for operations.

Bill owns a rare vintage Ford Mustang automobile. Jack, one of Bill's closest friends and a physician, has persuaded Bill to sell the car to Jack at a price substantially less than market value. At the time Bill sold the car, he was resting in a nursing home recovering from a serious illness. If Bill desires to set aside the sale, what arguments might he make?