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NEW QUESTION 41
Which of the following activities will NOT cause net cash provided by investing activities to increase under US Generally Accepted Accounting Principles (GAAP)?

• A. Selling short-term investments for cash
• B. Selling fixed assets to another party for cash
• C. Receiving interest on loans made
• D. Collecting cash as principal from loans made to others

Answer: C

NEW QUESTION 42
An organization focused on decreasing HIV in developing countries wishes to investigate the relationship between the prevalence of HIV and various education and economic factors. The organization collects data from 2011 for 98 different countries on the prevalence of HIV, as well as average years of schooling, gross domestic product (GDP) per capita, and health expenditures per capita, which they believe all have an impact on HIV prevalence. Which of the following options correctly runs the regression specified above?
A)

B)

C)

D)

• A. Option B
• B. Option A
• C. Option D
• D. Option C

Answer: B

NEW QUESTION 43
A company had beginning total owners' equity of $350,000. During the year, the company raised $80,000 by issuing new shares of common stock. The net income of current year is
$120,000. No dividend was declared or paid during the year. What is the amount of total owners' equity the company should report on its end-of-year balance sheet?

• A. $390,000
• B. $550,000
• C. $430,000
• D. $470,000

Answer: B

NEW QUESTION 44
The assets of Company A at the end of their fiscal year are shown on the following common-size table.

Company A is MOST likely to be which of the following types of business?

• A. Commercial bank
• B. Brewery
• C. Car dealership
• D. Law firm

Answer: B

NEW QUESTION 45
......

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