The indirect method of reporting
a. is preferred by the Financial Accounting Standards Board (FASB), Statement of Financial Accounting Standards No. 95, "Statement of Cash Flows."
b. shows a reconciliation between net income and cash flow from operations either at the bottom of the statement of cash flows or in a separate note.
c. reports the amounts of cash received from customers less cash disbursed to various suppliers, employees, lenders for interest payments, and taxing authorities.
d. reports the net income for a period and then adjusts the net income to convert revenues to cash received from customers and to convert expenses to cash disbursed to various suppliers of goods and services.
e. includes all of the above.
D
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In the United States, people born between the years ________ are called baby boomers
A) 1978 and 2002 B) 1946 and 1964 C) 1925 and 1945 D) 1965 and 1985 E) 1920 and 1940
Carol’s organization is in the middle of large-scale changes. The upper-level management has identified a part of its target market whose needs are not being met. Several strategic leaders at the organization believe that they have developed a new technology that can meet these needs and have begun the process of changing the organization to address this market using this new technology. Carol leads an important part of the organization. In several meetings she has expressed her support for the changes. However, in reality, she has done nothing to commit her people to the effort, contribute ideas to change key processes, or deliver resources that her area is in control of and could help the project. In fact, it has been learned that she has even gone so far as to tell the people on her
team that she believes that this change will fail. Carol can be described as a ______. a. skeptic b. freezer c. fence-sitter d. true resister
Pastryworks can manufacture six toaster ovens per machine hour and four bread machines per machine hour. Pastryworks' production capacity is 2000 machine hours per month. What is the contribution margin per machine hour for toaster ovens? (Round machine hour per unit to two decimal places and your final answer to the nearest whole dollar.)
Pastryworks Company manufactures two products—toaster ovens and bread machines. The following data are available:
A) $360
B) $20
C) $13
D) $400
What is the difference between green marketing and greenwashing?
What will be an ideal response?