The type of business ownership that accounts for over 70 percent of all the businesses in the United States, and over $1 trillion in total revenue is the _________________________.
Fill in the blank(s) with the appropriate word(s).
sole proprietorship
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Free cash flow is flow cash from operations less cash used for
a. investments in PP&E needed to maintain current production b. dividends and cash to redeem bonds payable c. investments in PP&E needed to achieve desired future production d. fixed assets needed to maintain productivity and cash to redeem bonds payable
Pilot Company reported the following information for 2016 and 2017. Prepaid insurance, December 31, 2016 $ 2,400 Prepaid insurance, December 31, 2017 1,500 Insurance expense—2017 14,200 How much cash was paid for insurance during 2017?
a. $13,300 b. $14,200 c. $15,100 d. $15,700
Answer the following statements true (T) or false (F)
If a loss is expected on subsequent disposal of a business segment, the estimated loss is recognized in the financial statements as of the measurement date.
Which of the following is not a database model:
A. Relational B. Hierarchical C. Network D. Physical