If a firm is growing and expanding its accounts receivable and inventories faster than its current operating liabilities its cash flow from operation will normally be

a. greater than net income
b. less than net income
c. greater than the change in working capital from operations
d. greater than the change in cash


B

Business

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On December 31, Strike Company traded-in one of its batting cages for another one that has a cost of $500,000.Strike receives a trade-in allowance of $11,000 . The old equipment had an initial cost of $215,000 and hasaccumulated depreciation of $185,000 . Depreciation has been recorded up to the end of the year. The differencewill be paid in cash. What is the amount of the gain or loss on this

transaction? a. loss of $11,000 b. no loss or gain will be recorded c. loss of $19,000 d. gain of $11,000

Business

A _____ line is made of 24 channels (groups of wires) of 64 Kbps each.

A. T1 B. T2 C. T3 D. T4

Business

Candy Stores Inc gives you the following information: The standard material cost is $7 per pound for a 15 pound bag of chocolate. The following is the actual cost and usage data: Direct materials purchased and used 186,000 pounds Price paid for direct materials $6.00 per pound Number of bags produced 12,000 units Using the above information provided for Candy Stores, compute the direct materials

price variance for Candy Stores. A) $186,000 (F) B) $186,000 (U) C) $42,000 (F) D) $42,000 (U)

Business

Which of the following approaches is best for providing constructive criticism to a colleague?

A. Progress report B. Peer report C. Documented formal report D. Informal email

Business