Which of the following tracks how much money a company has generated over time, and where it went?
A) EBITDA
B) statement of cash flows
C) balance sheet
D) income statement
E) net operating income
Answer: B
Explanation: In addition to preparing a balance sheet and an income statement, all public companies and many privately owned companies prepare a statement of cash flows, or cash flow statement, to show how much cash the company generated over time and where it went.
You might also like to view...
Davis Corporation is preparing its Manufacturing Overhead Budget for the fourth quarter of the year. The budgeted variable manufacturing overhead rate is $1.70 per direct labor-hour; the budgeted fixed manufacturing overhead is $116,000 per month, of which $30,000 is factory depreciation.If the budgeted direct labor time for December is 4,000 hours, then the predetermined manufacturing overhead per direct labor-hour for December would be:
A. $30.70 B. $23.20 C. $1.70 D. $9.20
Each part of the service mix should make a different contribution to achieving a firm's goals
Indicate whether the statement is true or false a. True b. False
Which one of the following statements about the Casey Company case study on quality management is TRUE?
a. The first step in this case analysis was to create a process flowchart and checksheet. b. Control charts verify that all aspects of the process are in statistical process control. c. Control charts verify that the data entry employee was doing an excellent job. d. The R-chart for this statistical process control analysis was out of control.
Jagannathan and Wang (2006) find that the CCAPM explains returns ______ the Fama French three factor model, and that the Fama French three factor model explains returns ______ the traditional CAPM.
A. worse than; worse than B. worse than; better than C. better than; better than D. better than; worse than E. equally as well as; equally as well as