Cash flows from borrowing and paying off a 180-day bank loan are classified as:
A) operating activities.
B) investing activities.
C) financing activities.
D) purchasing activities.
C
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The extent to which a firm adjusts net income for changes in noncurrent assets and noncurrent liabilities in deriving cash flow from operations under the indirect method depends on the nature of its operations. Service firms will likely show a small amount of
a. subtraction from net income for capital expenditures. b. addback to net income for capital expenditures. c. subtraction from net income for depreciation expense. d. addback to net income for depreciation expense. e. addback to retained earnings for depreciation expense.
A company's net sales are $775,420, its costs of goods sold are $413,890, and its net income is $117,220. Its gross margin ratio equals:
A. 31.5%. B. 28.3%. C. 40.5%. D. 46.6%. E. 53.4%.
The factor that differentiates flexible factories from traditional factories is that flexible factories
A. tend to focus on multiple products at a time. B. organize work flow around products. C. move large orders through assembly lines. D. avoid decentralized scheduling. E. have relatively longer production runs.
The network below represents a project being analyzed by the critical path method. Activity durations are indicated on the network
a. Identify the activities on the critical path. b. What is the duration of the critical path? c. Calculate the amount of slack time at activity H. d. If activity I were delayed by ten time units, what would be the impact on the project duration?