Ethical research companies take precautions, such as preparing handbooks and glossaries, to ensure their clients understand analysis terminology

Which of the following statements about cash flows from operating activities, in a statement of cash flows prepared under the indirect method, is correct?

A. an increase in accounts receivable would be subtracted from net income. B. an increase in salaries payable would be subtracted from net income. C. an increase in inventory would be added to net income. D. depreciation expense would be subtracted from net income.

Which of the following characteristics apply to trading before and after regular hours?

I. Most after hours trades match a bid price to a corresponding offer price. II. Most brokerage firms require individual investors to place only market orders for after-hours trades. III. Electronic Communications Networks (ECNs) play a key role in after hours trading. IV. After-hours trading begins at 4:00 P.M. and ends at 9:30 A.M. eastern time. A) II and IV only B) I, II and III only C) I and IV only D) I, III and IV only