Knowledge Check 01 Hawley Company uses the direct method of reporting cash flows from operating activities. Hawley sold land with a cost of $8,000. The company reported a gain on the sale of the land in the amount of $2,000. What was the amount of cash collected from the sale of the land

True or false entrepreneurs try to meet the needs of the marketplace by supplying a service or product

Abank has $132,000 in excess reserves and the required reserve ratio is 11 percent. this means the bank could have in checkable deposit liabilities and in (total) reserves.

The common stock of ncp paid $1.35 in dividends last year. dividends are expected to grow at an annual rate of 5.30 percent for an indefinite number of years. a. if ncp's current market price is $22.57 per share, what is the stock's expected rate of return? b. if your required rate of return is 7.3 percent, what is the value of the stock for you? c. should you make the investment? a. if ncp's current market price is $22.57 per share, the stock's expected rate of return is