Firms receive cash inflows and disburse cash outflows for financing activities such as to
a. acquire property, plant, and equipment.
b. pay dividends to shareholders.
c. purchase intellectual property.
d. pay interest on borrowings.
e. all of the above.
B
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Each entry is posted individually from the Cash Credit column of the combination journal to the Cash Credit column of the general ledger
Indicate whether the statement is true or false
Men use ________ to convince the other party that their position is the correct one and to support various tactics and ploys that are used to win points during the discussion.
Fill in the blank(s) with the appropriate word(s).
Excerpts from Stealth Company's December 31, 2021 and 2020, financial statements are presented below: 2021 2020 Accounts receivable$40,000 $36,000 Inventory 28,000 35,000 Net sales (all credit) 190,000 186,000 Cost of goods sold 114,000 108,000 Total assets 425,000 405,000 Total stockholders' equity 240,000 225,000 Net income 32,500 28,000 Stealth Company's 2021 receivables turnover ratio is:
A. 4.70 times. B. 2.85 times. C. 10.63 times. D. 5.00 times.
Input is received from an organization's management to create a project budget in:
A) Zero-based budgeting. B) Top-down budgeting. C) Bottom-up budgeting. D) Activity-based budgeting.