The ________ section of a report summarizes and explains the findings and represents the heart of a report
Fill in the blank(s) with correct word
conclusions
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Some analysts prefer the indirect method for the preparation of the cash flow statement because the size and direction of the items reconciling net income to net operating cash flow provide a yardstick for measuring the:
A. current ratio. B. rate of dividends. C. return on assets. D. quality of earnings.
Management is largely about ______.
a. leading b. directing and controlling c. setting examples d. inspiring
______ reasoning is reasoning that relies on observation and specific instances or examples to build a case or argument.
a. Inductive b. Deductive c. Research based d. Theory based
On the statement of cash flows, a $20,000 gain on the sale of fixed assets would be
A) added to net income in converting the net income reported on the income statement to cash flows from operating activities B) deducted from net income in converting the net income reported on the income statement to cash flows from operating activities C) added to dividends declared in converting the dividends declared to the cash flows from financing activities related to dividends D) deducted from dividends declared in converting the dividends declared to the cash flows from financing activities related to dividends