Which of the following statements is true?
a. Collections of accounts receivable do not normally overlap from one year to the next.
b. Management can estimate the cash budget before preparing the sales budget.
c. Cash budgets cannot be prepared on a monthly basis.
d. The company's pattern of expected cash collections from outstanding accounts receivable is the result of customers paying in different ways.
d
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A common market goes beyond the removal of internal barriers to trade and the establishment of common external barriers to the important next stage of eliminating the barriers to the flow of factors (labor and capital) within the market
Indicate whether the statement is true or false
________ purchase a variety of equipment from several manufacturers and package them as a system
A) Wholesalers B) Value-added resellers C) Brokers D) Sales agents E) Distributors
In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income$52,000 Accounts payable decreased by 18,000 Accounts receivable increased by 25,000 Inventories increased by 5,000 Cash dividends paid 14,000 Depreciation expense 20,000 Net cash provided by operating activities was:
A. $120,000. B. $110,000. C. $71,000. D. $24,000. E. $70,000.
All of the following are forms of hard power EXCEPT ______.
A. coercive B. reward C. referent D. legitimate