How are cash equivalents reported or disclosed in the financial statements?
a. They appear only on the statement of cash flows.
b. They are included with short-term investments under current assets on the balance sheet.
c. They are included with cash under current assets on the balance sheet.
d. They are disclosed only in a footnote to the balance sheet.
c
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Indicate whether the statement is true or false
During _____, both the demand for money and the rate of inflation tend to fall, which prompts the Fed to increase the money supply, and as a result, interest rates decline.?
A. ?expansions B. ?a fiscal deficit C. ?recessions D. ?economic booms E. ?a foreign trade deficit
KPIs are?
A. ?quantitative measurements that define and measure the progress toward social media objectives. B. ?the benchmarks that a company sets for themselves. C. ?quantitative measurements that measure the profitability of a social media plan. D. ?qualitative measurements that define and measure the progress toward social media objectives. E. ?measurements submitted online to vendors and customers for analysis.
Bois Corporation has provided its contribution format income statement for January. Sales$426,400Variable expenses 260,000Contribution margin 166,400Fixed expenses 120,900Net operating income$45,500The degree of operating leverage is closest to:
A. 3.66 B. 0.11 C. 9.37 D. 0.27