Which of the following activities is most likely to have a cash flow effect?
a. Investing in money market funds
b. Declaring cash dividends
c. Reissuing treasury stock
d. Issuing stock to acquire a patent
c
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On December 31, 2016, Jerry's, Inc borrowed $500,000 by signing a five-year, 8% note payable
The note is payable in five yearly installments of $100,000 plus interest, due at the end of every year beginning on December 31, 2017. What amount represents the current portion of Long-term Notes Payable at December 31, 2016? What will be an ideal response
In which of the following cases is a motivation test used to establish the employee's motive?
A) An employee commits a tort to promote the principal's business, outside work premises. B) An employee commits an intentional tort against another employee at work premises. C) An employee commits an unintentional tort that helps promote the principal's business. D) An employee assaults another employee due to personal reasons.