Net income is ________
A) the accounting profit from the operations of the company during the period
B) cash flow
C) the accounting profit from the non-operating assets of the company during the period
D) always equal to the dividends paid to shareholders
Answer: A
Explanation: A) Net income is not cash flow. Net income is the accounting profits from the OPERATIONS of the company during the period. Cash flow is the increase or decrease in cash for the period.
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The traditional "marketing-mix" concept and the notion of the "four Ps" may not adequately describe modern marketing programs. ________ is about mixing and matching marketing activities to maximize their individual and collective effec
A) Personalized marketing B) Mass customization C) Globalized marketing D) Relationship marketing E) Integrated marketing
Of the three widely used inventory costing methods (FIFO, LIFO, and average), the LIFO method of costing inventory is based on the assumption that costs are charged against revenues in the reverse order in which they were incurred
Indicate whether the statement is true or false
Marwick Corporation issues 8%, 5-year bonds with a par value of $1,000,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 6%. What is the bond's issue (selling) price, assuming the following Present Value factors:n= i= Present Value of an Annuity Present value of $15 8% 3.9927 0.680610 4% 8.1109 0.67565 6% 4.2124 0.747310 3% 8.5302 0.7441
A. $1,000,000 B. $658,792 C. $1,085,308 D. $1,341,208 E. $789,244
In the context of greenhouse gas emission, the GHG protocol initiative defines levels of scope. This level refers to indirect emissions from grid-sourced electricity and other utility services of heat, steam and cooling
A) Scope 1 B) Scope 2 C) Scope 3 D) Scope 4