Author Question: Which section of the statement of cash flows would show Wendy's payments for food ingredients and ... (Read 21 times)

EAugust

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Which section of the statement of cash flows would show Wendy's payments for food ingredients and wages paid to employees?
 A) Cash flows from operating activities
  B) Cash flows from financing activities
  C) Business cash flows
  D) Non-business-related cash flows
  E) Cash flows from investing activities

Question 2

Hightower Company makes a product that is immediately consumed or enjoyed by customers at the time of production. Based on this information, what else is likely true about their product?
 A) They measure quality by counting the number of rejects.
  B) They produce a service, not a good.
  C) Their product is manufactured, shipped, stored, and bought by consumers.
  D) They utilize more materials than labor in the production process.
  E) They produce a good, not a service.



cici

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Answer to Question 1

A

Answer to Question 2

B



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