The members of the board of directors of a corporation always manage the business
Indicate whether the statement is true or false
F
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The times-interest-earned ratios of Orlando Company are 20.56 and 7.35 for 2018 and 2019, respectively. Which of the following can be the possible reason for such a change from 2018 to 2019?
A) Orlando Company incurred less debt specifically in its revolving line of credit. B) Orlando Company incurred more debt specifically in its revolving line of credit. C) Orlando Company paid less interest in its revolving line of credit. D) Orlando Company's debt-paying ability increased.
To estimate the cash flow from operations, depreciation must be added back to net income because it is a non-cash charge that has been deducted from revenue.
Answer the following statement true (T) or false (F)
Media which consumers generate themselves and share among themselves is called:
A. Web communities B. consumer generated media (CGM) C. Webinars D. unrestricted media E. consumer mediated media (CMM)
Sarafiny Corporation is in the process of preparing its annual budget. The following beginning and ending inventory levels are planned for the year. Beginning InventoryEnding InventoryFinished goods (units)20,00030,000Raw material (grams)50,00040,000Each unit of finished goods requires 7 grams of raw material. The company plans to sell 270,000 units during the year.How much of the raw material should the company purchase during the year?
A. 1,970,000 grams B. 2,000,000 grams C. 1,960,000 grams D. 1,950,000 grams