When new ideas are presented with humor, the audience is more likely to remember what you said
Indicate whether the statement is true or false
True
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What are two purposes of the systems project proposal?
Total sales for a year are $40,000, which includes cash sales of $5,000 . The beginning and ending balances of accounts receivable are $10,000 and $15,000, respectively. How much cash was received from customers?
a. $30,000 b. $20,000 c. $25,000 d. $35,000
Which of the following is NOT a relevant cash flow and thus should NOT be reflected in the analysis of a capital budgeting project?
A. Changes in net operating working capital. B. Shipping and installation costs for machinery acquired. C. Cannibalization effects. D. Opportunity costs. E. Sunk costs that have been expensed for tax purposes.
What tracks and communicates changes in the shareholder's earnings?
A. Balance sheet B. Income statement C. Statement of cash flows D. Statement of owner's equity