Classify each transaction as either: operating activity (o), investing activity (i), financing activity (f), or noncash investing and financing activity (nc).also, indicate whether the transaction generated a cash inflow, cash outflow, or no cash flow effect. transaction activity affected o, i, f, nc cash inflow, outflow, or no cash flow effect1 bonds payable are issued for cash at a discount. 2 land is sold for cash at book value. 3 bonds payable is converted into common stock. 4 paid a cash dividend to preferred stockholders. 5 land was acquired by issuing common stock. 6 recorded sales on account. 7 merchandise is sold to customers for cash. 8 equipment is purchased by signing a 3-year, 10% note payable. 9 sold buildings and equipment for cash. 10 purchased inventory for cash. 11 common stock is sold for cash above par value. 12 cash proceeds from disposal of plant asset.

Which of the following statements about brand names is true? brand names give the seller an incentive to provide consistently high-quality products and services in order to protect the reputation of the brand. brand names are always economically wasteful since they dupe consumers into buying more expensive goods and services that are no different from generic versions. it is always rational to prefer brand names over generic substitutes. read the following example and determine whether it illustrates a common critique or defense of advertising. musashi sees a commercial for a brand x clothing company that depicts the wearers of the clothes out having a good time with friends. although he doesn't particularly need new clothes, the commercial prompts him to buy a brand x t-shirt.

Alarge university wanted to study the relationship between completing an internship during college and students' future earning potential. prom the same graduating class, they selected a random sample of 80 students who completed an internship and 100 students who did not complete an internship and examined their salaries five years after graduation. they found that there was a statistically higher mean salary for the internship group than for the noninternship group. which of the following interpretations is the most appropriate? a. there could be a confounding variable, such as student major, that explains the difference in mean salary between the internship and no internship groups. b. we cannot infer anything from these data since the distribution of salaries is likely right skewed. c. you cannot draw any valid conclusions because the sample sizes are different. d. more students should complete internships because having an internship produces a higher salary.

Bernard made a gift of $500,000 to his brother in 2014. due to bernard’s prior taxable gifts he paid $200,000 of gift tax. when bernard died in 2019, the applicable gift tax credit had increased. at bernard’s death, what amount related to the $500,000 gift to his brother is included in his gross estate?