Accounts receivable arising from sales to customers amounted to $35,000 and $40,000 at the beginning and end of the year, respectively. Income reported on the income statement for the year was $120,000. Exclusive of the effect of other adjustments, the cash inflows from operating activities to be reported on the statement of cash flows is:
A) $120,000.
B) $125,000.
C) $155,000.
D) $115,000.
D
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A competitive environment where there is weak to moderate rivalry among sellers, high entry barriers, weak competition from substitute products, and little bargaining leverage on the part of both suppliers and customers
A. lacks powerful driving forces. B. is conducive to industry members earning attractive profits. C. makes it challenging for industry members to compete successfully unless they can strongly differentiate their products. D. gives each industry competitor the best potential for building sustainable competitive advantage over rival firms. E. requires that industry members have low costs in order to be competitively successful.
Search engines help you locate web pages. Understanding how search engines work will help your research processes.? ? Choose whether the statement below about search engines is true or false. Search engines are cataloged databases of websites
Indicate whether the statement is true or false
An agreement is illegal only when either its performance is a crime
Indicate whether the statement is true or false
In a(n) ______ , the debtor makes a minimum monthly payment and more debt can be added to the account over time
a. collections account b. installment account c. revolving account d. open account e. security account