When WIP inventories are completed they then become?
a. Raw material
b. Work-in-production
c. MRO
d. Finished goods
d. Finished goods
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When a company discards machinery that is fully depreciated, this transaction would be recorded with the followingentry
a. debit Accumulated Depreciation; credit Machinery b. debit Machinery; credit Accumulated Depreciation c. debit Depreciation Expense; credit Accumulated Depreciation d. debit Cash; credit Accumulated Depreciation
Free cash flow is
A) all cash in the bank B) cash from operations C) cash from financing, less cash used to purchase fixed assets to maintain productive capacity and cash used for dividends D) cash flow from operations, less cash used to purchase fixed assets to maintain productive capacity and cash used for dividends
What does a company's statement of cash flows tell you about the company?
What will be an ideal response?
What are adaptive techniques and when are they used?
What will be an ideal response?