Answer:
C. Purchase of treasury stock
Explanation:
The purchase of treasury stock results in a change in the stockholder's equity and as such is recognized as a financing activity in the statement of cash flows.
For the other options, amortization expense is a non-cash item and is adjusted for in the net cash flows from operating activities.
Collection of notes receivable is a change in current assets hence it is reported under net cash flows from operating activities.
Sale of equipment is reported under net cash flows from investing activities.
Hence the right option is C. Purchase of treasury stock.
Answer: b. Because of unpredictable changes in the public's desire to hold cash or borrow and banks' desires to hold reserves or lend.
Explanation:
The Fed is able to embark on monetary policy that influences the entire country - and the world to some extent - because they have very strong influence over the money supply of the US$.
This influence is not absolute however because as the old adage goes, "you can lead a horse to water but you can't make him drink". In other words, the Fed can relax(impose) restrictions to make money more(less) available but they cannot force people to borrow(hold) that money.
They can't force banks either to either hold reserves or lend money out because banks are free to impose their own reserve limits on top of those of the Fed.
By employing such an organizational structure, Century Motors most likely set up a <u>Matrix Organization. </u>
A Matrix organization:
- Incorporates people from multiple departments and functions
- Will see people answering to multiple managers of those various departments
- Usually disband after a project is done
The actions of Century Motors are in line with a Matrix Organization in that people from multiple functions were incorporated into the team and the team will disband when the project is done.
We can therefore conclude that this is a matrix organization.
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C) convenience de others don’t make most of its revenues from those items
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After a long thought process regarding this question, I concluded that this would be the only acceptable response.