A financial report that forecasts how much money will be available after paying expenses is a(n)
A. income statement.
B. cash flow statement.
C. balance sheet.
D. capital report.
E. None of these answers is correct.
Answer: B
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If the proceeds of sale of collateral are not sufficient to satisfy the debt, then the creditor is usually entitled to a:
A. future advance. B. warehousing arrangement. C. fixture filing. D. deficiency judgment.
Effective Public Relations (text) introduces the management function dealing with:
A. Putting a positive "spin" on bad news B. Altering perceptions and manufacturing consent C. Relationships between organizations and stakeholders D. Professional subterfuge and deception E. Relationships within families, work teams, and groups
The process of restating future cash flows in today's dollars is known as:
A. Discounting. B. Annualization. C. Budgeting. D. Payback period. E. Capitalizing.
The principle of diminishing marginal satisfaction explains why
A) many people don't like to save. B) annual consumption almost always exceeds annual savings. C) people can't seem to save more even though their incomes rise. D) future consumption looks more appealing than current consumption as our current incomes increase.