When a statement of cash flows is prepared using the indirect method,
a. net income is the starting point in determining cash flows from operations.
b. cash paid for dividends is not included.
c. the increase in cash is different than when the direct method is used.
d. the amount of cash collected from customers is calculated.
A
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Pratt Company's net income last year was $70,000. The company paid preferred dividends of $30,000 and its average common stockholders' equity was $520,000. The company's return on common stockholders' equity for the year was closest to:
A) 7.7% B) 19.2% C) 13.5% D) 5.8%
The six-step method of solving conflicts works for personal and workplace situations
Indicate whether the statement is true or false
A product concept includes:
a. The target customer b. The product description and the most important design points c. Primary use cases and customer benefits d. All of the above
Which of the following is NOT true regarding a process flow chart?
a. It graphically displays the dollar cost of a step in a process. b. It helps a firm’s quality improvement team understand how the process currently works and identify quality-related issues and redundant steps. c. It shows how much value is added by each step in a process. d. It displays compliance with government regulations.