A company with negative net income will also have negative operating cash flow
Indicate whether the statement is true or false
FALSE
You might also like to view...
Which of the following is the BEST beginning to an email request for completion of an online survey about a recently purchased product?
a. Please complete the attached survey about your recent purchase at our store and click "Submit" when done. b. We are conducting a market survey on our products and customer service satisfaction. c. Online surveys are a fast, convenient way for us to hear back from our customers. d. Your complete satisfaction is our utmost goal.
Bob took a biology exam whose mean was 70 with standard deviation 5 . He also took a chemistry exam whose mean was 80 with standard deviation 10 . He scored 85 on both exams. On which exam did he do better compared to the other students who took the exam?
A. He did better on the biology exam, comparatively speaking. B. He did better on the chemistry exam, comparatively speaking. C. He did the same on both exams, relatively speaking. D. Can't tell without more information.
CMS Corporation's balance sheet as of today is as follows: Long-term debt (bonds, at par)$10,000,000 Preferred stock2,000,000 Common stock ($10 par)10,000,000 Retained earnings 4,000,000 Total debt and equity$26,000,000 The bonds have a 4.0% coupon rate, payable semiannually, and a par value of $1,000. They mature exactly 10 years from today. The yield to maturity is 12%, so the bonds now sell below par. What is the current market value of the firm's debt?
A. $5,276,731 B. $5,412,032 C. $5,547,332 D. $7,706,000 E. $7,898,650
A company's store was destroyed by an earthquake on February 10 of the current year. The only information for the current period that could be salvaged included the following:
Historically, the company's gross profit ratio has been 30%. Estimate the value of the destroyed inventory using the gross profit method.