MATCHING Match Each Description with the Item Below

question 85

Multiple Choice

MATCHING
Match each description with the item below.
-J. Pierpont Morgan

• A)founded Standard Oil
• B)was president of the Homestead Steel Works
• C)led the Knights of Labor
• D)wrote "The Gospel of Wealth"
• E)was a presidential candidate of the Socialist Party of America
• F)founded a mail-order business
• G)coined the phrase "social dynamite"
• H)organized the Workingmen's Party of California
• I)was a labor organizer executed for murder
• J)consolidated the steel industry into the United States Steel Corporation

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Definitions:

Indirect Method

A method for preparing the cash flow statement where net income is adjusted for changes in balance sheet items to calculate cash flow from operating activities.

Depreciation Expense

This is the systematic allocation of the cost of a tangible asset over its useful life.

Investing Activities

Financial transactions and decisions related to acquiring or disposing of long-term assets and investments that can affect a company's capital structure.

Cash Inflow

Refers to the money received by a business from its various activities, including sales, investments, and financing.