In an attempt to be more environmentally friendly, your company recently updated your product packaging to be made of fully recycled materials. This new and improved version would now be considered a:
A. updated product
B. restructured product
C. revamped product
D. modernized product
E. new product
Answer: C
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Depreciation expense influences cash flows because it directly affects
a. the amount of income taxes paid by the company. b. cash received from revenues during the current period. c. the carrying value of the asset. d. accumulated depreciation.
The accounts receivable turnover ratio for a merchandiser is 10 times. Calculate the days' sales in receivables for the merchandiser. (Round your answer to the nearest day.)
A) 33 days B) 37 days C) 28 days D) 40 days
[The following information applies to the questions displayed below.]On January 1, Year 1, The Palms borrowed $200,000 to purchase a warehouse by agreeing to a 8%, 5-year note with the bank. Payments of $50,091.29 are due at the end of each year. The first payment will be made on December 31, Year 1.How much will the company still owe on the loan at the end of Year 2? (Round your final answer to the nearest dollar.)
A. $184,000 B. $129,090 C. $186,727 D. $165,910
If a time series displays a gradual or no trend and no evidence of seasonal variation, ____________________ can be effective as a forecasting method
Fill in the blank(s) with correct word