In arriving at cash from operating activities, adding a decrease in Supplies to net income eliminates the effect of recording expenses that:
A. increased net income, but has not been paid in cash this period.
B. decreased net income and decreased cash.
C. flow this period increased net income and increased cash flow this period.
D. decreased net income, but has not been paid in cash this period.
Answer: D
You might also like to view...
Indicate whether each of the following statements about outsourcing decisions is true or false.An outsourcing decision involves a purchase offer from a customer at a lower-than-normal selling price._____Outsourcing would increase a company's level of vertical integration._____To evaluate an outsourcing decision, a manager should compare the avoidable cost of making an item to the cost of buying it._____The decision to outsource a particular product is not affected by the amount of the product needed._____Reliability of the supplier is a critical issue in an outsourcing decision._____
What will be an ideal response?
Internal failure costs are associated with scrap, rework, and downtime
Indicate whether the statement is true or false
Organizational ethics can be thought of as:
A. Descriptions of how ethics occurs at a company B. Principles and standards of behavior that guide business decisions C. Rules of conduct that establish legal requirements for businesses D. Standards of reporting ethical violations
A ________ may result in the expansion of a firm's operations in an existing product line and elimination of a competitor.
A) congeneric merger B) conglomerate merger C) horizontal merger D) vertical merger