Nordic Exports Inc reported net income of $150,000 for 2015, but its cash balance decreased $40,000 . Which financial statement should Nordic Exports' management refer to for an explanation of this situation?

a. Balance Sheet
b. Income Statement
c. Statement of Retained Earnings
d. Statement of Cash Flows


d

Business

You might also like to view...

Sentences or phrases that connect what you were just speaking about with what you will be speaking about next are known as ______.

a. signposts b. internal previews c. internal summaries d. transitions

Business

When conducting selection interviews, Kirsten has a list of prepared questions from which she does not deviate. She asks all job candidates the same questions in the same order. Kirsten uses a(n) _________ interview.

A. structured B. probing C. semistructured D. closed-ended E. traditional

Business

As a personnel or human resource manager, you are most likely to spend the largest portion of your time on which management function?

a. staffing b. directing c. organizing d. controlling e. planning

Business

A franchisee ordinarily does not pay a fee for a franchise license (the privilege of being granted a franchise)

Indicate whether the statement is true or false

Business