The Investing and Financing sections for the indirect and direct statement of cash flows are the same for the same period of the same company
Indicate whether the statement is true or false
True
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Answer the following statements true (T) or false (F)
) Interest rates are stated on an annual basis, therefore the time in the interest formula is always stated as one year. 2) On October 1, 2018, Mandy's Electronic sold merchandise in exchange for a 4 month, $50,000 note receivable, with 3% interest. Interest revenue of $500 is earned in 2018. 3) If a note receivable is outstanding at the end of an accounting period, the interest earned up to year-end is recorded as interest revenue when the cash is received. 4) Because of the revenue recognition principle, interest on a note receivable is recorded in the year in which it is earned. 5) If a credit customer fails to pay an accounts receivable, the company may ask the customer to sign a promissory note.
What is the first step the leader takes when faced with a challenging situation?
A. create a holding environment B. give the work back to the people C. maintain disciplined attention D. step back to obtain a fuller picture
ABC, Inc., is a small clothing manufacturer that produces shirts and pants using two resources: sewing machine hours and cutting machine hours. The production manager can schedule up to 240 hr of sewing machine time and up to 150 hr of cutting machine time. Production of one shirt requires 3 hr of sewing time and 1 hr of cutting time. Each pair of pants requires 2 hr of sewing time and 1.5 hr of cutting time. Each shirt yields a profit of $5, and each pair of pants generates a $6 profit. The objective is to maximize profits. Determine sewing time constraint for the LP formulation. Let X1 = Number of shirts to be produced, X2 = Number of pairs of pants to be produced.
A. 3X1 + 2X2 ? 240 B. X1 + 1.5X2 ? 150 C. 3X1 + 2X2 ? 150 D. X1 + 1.5X2 ? 240
________ is the name given the difference between the yield on a bond issued by a developing country in a currency and the government bond yield of the country that issues the currency
A) The banking spread B) The country risk premium C) The country risk rating D) The country credit spread