When using the indirect method, which of the following would be included in the net cash flows from operating activities section of a cash flow statement? a. sales of plant, property and equipment b. making loans and paying out interest c. payment of interest and expenses d. issuing bonds and notes

Which of the following is the least risky? collectables stock savings bond savings account

Which financial component is a mandatory deduction from your gross pay? a. sales tax b. social security tax c. health insurance d. disaster relief fund (drf) e. voluntary deduction

Acompany using the perpetual inventory system purchased inventory worth $540,000 on account with credit terms of 2/15, n/45. defective inventory of $40,000 was returned 2 days later, and the accounts were appropriately adjusted. if the company paid the invoice 20 days later, the journal entry to record the payment would be