Which of the following is not a way that e-books can be delivered?
A) via Web access
B) via Web download
C) via RFID
D) via dedicated reader
C
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Budget Auto Parts Company uses the indirect method to prepare the statement of cash flows
Refer to the following income statement: Budget Company Income Statement Year Ended December 31, 2017 Sales Revenue $360,000 Interest Revenue 1,500 Gain on Sale of Plant Assets 6,000 Total Revenues and Gains $367,500 Cost of Goods Sold 165,000 Salary Expense 67,500 Depreciation Expense 18,000 Other Operating Expenses 34,500 Interest Expense 1,500 Income Tax Expense 7,500 Total Expenses 294,000 Net Income (Loss) $73,500 Additional information provided by the company includes the following: Current assets other than cash increase by $36,000. Current liabilities decrease by $1,500. Prepare the operating activities section of the statement of cash flows. What will be an ideal response
The level of forecasted sales has little effect on other elements of the master budget
Indicate whether the statement is true or false