If net cash flows from operating activities were $316,000, net income were $200,000, and sales were $2,000,000, cash flows to sales would equal (Round amounts to one decimal place)
a. 10.0 percent.
b. $116,000.
c. 15.8 percent.
d. 0.6 times.
C
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Types of Audit Opinions During the course of an audit of the financial statements of Glover Industries, a CPA is refused permission to inspect the minutes from the board of directors meetings. The CPA is instead offered a certified copy of all resolutions and actions involving accounting matters. REQUIRED: Which type of audit report would you suggest be issued this year and why?
What are the advantages and disadvantages of the Likert scale?
What will be an ideal response?
Retail stores such as Macy's that offer a wide variety of products for customers use ______ departmentalization.
a. product b. functional c. customer d. divisional
Which of the following is NOT one of the four basic components of compensation?
A. Base pay B. Wage add-ons C. Incentives D. Expectancy pay E. Benefits