A manufacturing business reports just two types of inventory on its balance sheet: work in process inventory and finished goods inventory
Indicate whether the statement is true or false
False
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According to Moore's Law, the ________.
A. price of an integrated chip reduces once in 18 months B. performance of each transistor on a square inch of an integrated chip doubles every year C. density of a transistor decreases every year D. rate of innovation increases exponentially E. number of transistors per square inch on an integrated chip doubles every 18 months
Choose the correct word or words in parentheses. (Who's, Whose) going skiing during spring break?
If a voidable contract is ratified, the parties must fully perform their respective legal obligations.
Answer the following statement true (T) or false (F)
Which of the following statements is CORRECT?
A. The current cash flow from existing assets is highly relevant to investors. However, since the value of the firm depends primarily upon its growth opportunities, accounting net income projections from those opportunities are the only relevant future flows with which investors are concerned. B. Two metrics that are used to measure a company's financial performance are net income and free cash flow. Accountants tend to emphasize net income as calculated in accordance with generally accepted accounting principles. Finance people generally put at least as much weight on free cash flows as they do on net income. C. To estimate the net cash provided by operations, depreciation must be subtracted from net income because depreciation is a non-cash charge that has been added to revenue. D. Interest paid by a corporation is a tax deduction for the paying corporation, but dividends paid are not deductible. This treatment, other things held constant, tends to discourage the use of debt financing by corporations. E. If Congress changed depreciation allowances so that companies had to report higher depreciation levels for tax purposes in 2018, companies would have lower free cash flows in 2018.