Which of the following products has the lowest level of trialability?
A. an Internet chat room
B. low-fat ice cream
C. surgically implanted hearing aids
D. organic pet food
E. a new air freshener
Answer: C
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The comparative balance sheets for Flagler Co for 2015 and 2014 indicate that accounts receivable decreased during 2015 . Flagler uses the indirect method of preparing the operating activities section of its statement of cash flows. How will the decrease in accounts receivable be reported on the statement of cash flows?
a. It will be included in the amount of cash and cash equivalents at the end of 2015. b. It will be deducted from net income in the operating activities section. c. It will be added to net income in the operating activities section. d. It will be reported as a cash outflow in the investing activities section.
When using one of the discounted cash flow methods to evaluate the desirability of a capital budgeting project, which of the following factors is generally not important?
a. method of financing the project under consideration b. timing of cash flows relating to the project c. impact of the project on income taxes to be paid d. amounts of cash flows relating to the project
The ability of a corporation to obtain capital is:
A) less than a partnership. B) about the same as a partnership. C) restricted because of the limited life of the corporation. D) enhanced because of the limited liability and the ease of share transferability.
The purpose of the ______ is to get a meeting off to a good start by establishing the right tone or mood.
a. commencement address b. speech of presentation c. keynote address d. speech of tribute