A company had average total assets of $1,660,000, total cash flows of $1,320,000, cash flows from operations of $205,000, and cash flows from financing of $750,000. The cash flow on total assets ratio equals:
A. 11.65%.
B. 22.0%.
C. 45.2%.
D. 79.5%.
E. 12.3%.
Answer: E
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If total assets decreased by $30,000 during a specific period and owner's equity decreased by $35,000 during the same period, the period's change in total liabilities was an $65,000 increase
Indicate whether the statement is true or false
General Motors advertised an “automobile for all ages.” By this, what market was General Motors addressing?
a. a target market b. a niche market c. a mass market d. a diversified market
Franklin offered to sell his text book to Delia for $40.00 and told her he wanted an answer by Friday. Which of the following must Delia do to ensure that Franklin will have the book on Friday afternoon if she decides to buy it?
A) Confirm the arrangement with Franklin to make sure they both understand it is to be kept open until Friday. B) Have Franklin commit his offer by writing it on paper and signing it. C) Give Franklin something to keep the offer open until Friday. D) Commit to a specific time and place at which to meet Franklin to give him an answer. E) Have Franklin repeat his offer before a witness.
There are six normal forms, with each of the lower normal forms encompassing the higher
normal forms. Indicate whether the statement is true or false