Predictive analytics extracts information from data and uses it to predict future trends and identify behavioral patterns.
Answer the following statement true (T) or false (F)
True
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Assume that there were no sales of long-term assets, no interest revenue, and no expenses other than the expenses shown above. Also, assume that Accounts Payable are for purchases of merchandise inventory only. Accrued liabilities relate to operating expenses. What amount will be shown for the net cash provided by operating activities?
Optics Company uses the direct method for preparing its statement of cash flow. Optics reports the following information regarding 2019:
From the income statement:
Sales Revenues, $266,000
Cost of Goods Sold, $212,000
Operating Expenses, $37,000
Net Income $17,000
A) $64,300
B) $24,300
C) $17,000
D) $9300
Answer the following statements true (T) or false (F)
ARB 36 reduced flexibility in how the cost relating to unfunded accumulated benefits was dealt with in the income statement.
HUD cannot provide federal money for local neighborhood stabilization programs
Indicate whether the statement is true or false
The maximum amount paid for total loss of property is __________ the face of the policy or the value of the property
A) not affected by B) equal to the average of C) the greater of D) the lesser of