It is important for Heather to monitor her cash flow because:
A. if she borrowed money to finance her business, the lenders will want to make sure she used the money wisely.
B. her investors will want to make sure they get their money back.
C. cash flow is a measure of her success.
D. a business can go bankrupt with negative cash flows even though the income statement shows a profit.
Answer: D
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The return on sales ratio is ________.
A. net income/sales B. also called the operating ratio C. revenue/expenses D. expenses/sales
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____ refers to the division of a system into processes or subsystems
a. System design b. Data management c. Programming d. Functional Decomposition