Analysts look for red flags in financial statements that may signal financial trouble. Which of the following is a red flag that suggests that a company may be in trouble?
A) a decline in days' sales in inventory
B) a decrease in days' sales in receivables from year to year
C) a reduction in the debt ratio
D) net cash provided by operating activities is consistently lower than net income
D) net cash provided by operating activities is consistently lower than net income
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A responsibility center in which the department manager has responsibility for and authority over costs, revenues, and assets invested in the department is termed a cost center
Indicate whether the statement is true or false
What cautions are in order when using learning curves?
What will be an ideal response?
A marketing manager has phone conversations with key wholesalers of his firm's products to try to obtain information about why the firm's product sales are down. This is an example of
A. an intranet. B. hypothesis testing. C. an experiment. D. a situation analysis. E. a data warehouse.
Discharge of a surety occurs: A) if the creditor extends the time of the debt with the consent of the surety
B) if the creditor extends the time of the debt without the consent of the surety for a consideration. C) in case of any reduction in the rate of interest. D) in the case of return of collateral security to the debtor.