In preparing the cash flows from operating activities section of the statement of cash flows by the indirect method,the net decrease in inventories from the beginning to the end of the period is added to net income for the period
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
The current balance sheet of Handyman Inc reports total assets of $20 million, total liabilities of $2 million, and owners' equity of $18 million. Handyman Inc is considering several financing possibilities in order to expand operations. What is the additional amount that Handyman Inc can borrow and not exceed a debt to equity ratio of 0.3?
a. $5.4 million b. $3.4 million c. $5.5 million d. $4.0 million
What type of leadership is likely to be associated with a traditional, pyramidal top-down organizational structure?a. servant leadership b. autocratic leadership c. ethical/moral leadership d. none of these
a. servant leadership b. autocratic leadership c. ethical/moral leadership d. none of these
In the process of managing within-team dynamics, one challenge is implementing discipline among team members to follow the strategy once the negotiation begins. Which of the following options is not a technique used to implement team discipline?
A. assign team members specific roles B. role-play parts of the negotiation expected to be adversarial C. establish nonverbal signals for communicating with other team members D. plot out possible conflicting interests
The first step in the market research process is to ________
A) determine how data will be collected B) select samples C) clearly understand the information needed by managers D) set the mission statement for the research E) determine a research design