Employers often match employee contributions to 401k savings plans
Indicate whether the statement is true or false.
TRUE
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The cash flow yield equals net income divided by net cash flows from operating activities
Indicate whether the statement is true or false
The major problem with the sales–productivity ratio method of assigning space is that _____
a. storability may not be considered b. too much space may be assigned for merchandise space c. too little space may be assigned for merchandise space d. an inadequate selection of merchandise may be stocked
In the context of product layers, which of the following exemplifies an actual product?
A. A jacket for protection in chilly, windy climatic conditions B. The raw materials that are used in manufacturing a bar of chocolate C. The level of cathartic gratification that a video game provides to its user D. The educational qualifications and experience of a surgeon
Which of the following statements is CORRECT?
A. The income statement for a given year is designed to give us an idea of how much the firm earned during that year. B. The focal point of the income statement is the cash account, because that account cannot be manipulated by "accounting tricks." C. The reported income of two otherwise identical firms cannot be manipulated by different accounting procedures provided the firms follow Generally Accepted Accounting Principles (GAAP). D. The reported income of two otherwise identical firms must be identical if the firms are publicly owned, provided they follow procedures that are permitted by the Securities and Exchange Commission (SEC). E. If a firm follows Generally Accepted Accounting Principles (GAAP), then its reported net income will be identical to its reported net cash provided (used) by operating activities.