Upon review of Young's Garden Center statement of cash flows, the following was noted: Cash flows from operating activities $ 15,000 Cash flows from investing activities 80,000 Cash flows from financing activities (60,000) From this information, the most likely explanation is that Young's is

a. using cash from operations and selling long-term assets to pay back debt.
b. using cash from operations and borrowing to purchase long-term assets.
c. using its profits to expand growth.
d. using cash from investors to provide for operations


a

Business

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Which one of the following is not a procedure in the approval of a specific invoice for payment?

a. The purchase requisition, purchase order, receiving report, and invoice are compared. b. The extensions and footings on the invoice are verified. c. An employee verifies that all of the approval activities have been completed before a check is prepared. d. The purchasing department prepares a voucher to request payment.

Business

Use the information in the table regarding this seven-month project to create two plots. The first plot should be the S-curve for Earned Value. Indicate on this plot whether the project is ahead or behind schedule and by how much

The second plot should be the Earned Schedule and the Estimate at Completion for Time. Comment on the symmetry of this graph and whether you would expect a similar plot from any other project to exhibit similar characteristics. Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 PV ($) $125 $275 $500 $875 $1,485 $2,325 $2,670 EV ($) $140 $280 $480 $800 $1,280 $1,975 $2,950

Business

Comfort Foods Corporation makes and markets its products nationwide. To be considered socially responsible when making a business decision, Comfort Foods must take into account the needs of

a. its customers and the communityonly. b. its employees and owners only. c. its employees, owners, customers, creditors, suppliers, and the community. d. no one.

Business

Calculate the correlation coefficient

Consider the following annual sales data for 2001-2008: Year Sales 2001 2 2002 4 2003 10 2004 8 2005 14 2006 18 2007 17 2008 20

Business