Vencenzia Company reported the following information in its annual report for 2016. Cash flows from operating activities $300,000 Capital Expenditures 225,000 Average amount of debt maturing over the next 5 years 200,000 What is the cash flow adequacy ratio for 2016 for Vencenzia Company?
a. 0.38
b. 1.50
c. 1.88
d. 7.50
a
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A forecast is a(n)
A. glimpse of what just happened. B. execution of strategy and adjustments. C. projection for the future. D. analysis of the past. E. plan for implementing strategic plans.
Western Sky Company sold 500 units of inventory at $25 per unit for cash. The company uses the perpetual inventory system and the FIFO inventory costing method. The beginning inventory included 550 units at a cost of $15 per unit. The cost of the most recent purchases is $10 per unit. Prepare the journal entries to record the sale. Omit explanations.
What will be an ideal response?
When using direct organization for recommendation messages, you must begin with ________
A) identifying the issue B) providing evidence for the issue C) stressing the benefits of the recommendation D) proposing a recommendation E) appealing to emotion
Residual income should be used to evaluate an investment center rather than a cost or profit center.
Answer the following statement true (T) or false (F)