Creditors use the statement of cash flows to:
a. determine dividend policy.
b. review investing and financing policy.
c. assess a firm's ability to pay debt with cash from operations.
d. determine the cash generated by operations.
c
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According to productivity expert Odette Pollar, which of the following should a manager delegate?
A. Emergencies. B. Tasks that challenge subordinates. C. Special tasks your boss has asked you to do. D. Personnel matters. E. Confidential matters.
Fantastic Futons manufactures futons. The estimated number of futon sales for the first three months of 2010 are as follows: January 40,000 February 50,000 March 60,000 Finished goods inventory at the end of 2009 was 12,000 units. On average, 25 percent of the futons are produced during the month before they are sold, which normally accounts for the ending balance in finished goods inventory. The
planned selling price is $150 per unit. How many futons are budgeted to be produced in February? a. 37,500 b. 65,000 c. 52,500 d. 55,000
Which of the following is an assumption of the economic order quantity model?
A. Multiple products are involved. B. Demand is not known. C. Shortages are allowed. D. Quantity ordered is received all at once in a single delivery.
Data for Nobell, Inc follow
Nobell, Inc Comparative Balance Sheet December 31, 2017 and 2016 2017 2016 Assets Current Assets: Cash $121,000 $100,000 Accounts Receivables, Net 117,000 125,000 Merchandise Inventory 70,000 85,000 Total Assets $308,000 $310,000 Liabilities Total Current Liabilities $63,500 $50,000 Long-term Liabilities 100,000 100,000 Total Liabilities 163,500 150,000 Stockholders' Equity Retained Earnings 94,500 110,000 Common Stockholders' Equity 50,000 50,000 Total Liabilities and Stockholders' Equity $308,000 $310,000 Prepare a horizontal analysis of the comparative balance sheet of Nobell, Inc (Round to one decimal place.) What will be an ideal response