When a business sells several products or services, it can be difficult to obtain useful and accurate information about the business
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The statement of cash flows is used by outside parties in all but which of the following ways?
A. To assess equity values since the firm's value is dependent on the discounted present value of its expected future cash flows. B. To assess whether to underwrite an issue of debt or equity securities, using the firm's expected operating cash flows in the analysis. C. To assess if the proper amount of income taxes is reported and can be paid from current funds. D. To assess credit risk, as cash flows provide the resources for periodic interest and principal repayment.
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Which of the following is the best example of a want?
A) Gerard must find a way to get from his apartment to work. B) Tomas decides to purchase new music for his iPod. C) Michele is looking for a new place to live after learning that her lease will expire next month. D) Marie has found a babysitter to watch her toddler son while she is at work. E) Jane is putting on a coat because it is cold outside.
There are several advantages in using robots in manufacturing processes. Which of the following is NOT one of these advantages?
a. Robots can perform difficult tasks. b. Robots can perform repetitive tasks. c. Robots can perform dangerous tasks. d. Robots can perform inexpensive tasks.