All of the following are categories in the operating activities section using the direct method in the statement of cash flows except
A) changes in amortization
B) changes in accounts receivable
C) changes in inventory
D) changes in accounts payable
A
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The general fund is created primarily from taxes on corporations in industries that create significant amounts of hazardous waste
Indicate whether the statement is true or false
Kaiser Shipyards Inc. is San Francisco-based ship builder which specializes in Liberty and Victory class cargo ships
The CEO, Henry Kaiser, wants to distribute $1B of cash using an open market stock repurchase. Assume that the company repurchases 11.650% of shares outstanding at a price of $62.725. What is the stock price after the repurchase? Kaiser Shipyards Inc. Selected Financial Information Stock Price $62.725 Cash $1,000M Market Capitalization $9,408.75M Shares Outstanding 150M Debt $0 A) $62.725 B) $63.650 C) $64.878 D) $78.725 E) $81.200