Which of the following is NOT directly reflected in the cash budget of a firm that is in the zero tax bracket?
A. Depreciation.
B. Cumulative cash.
C. Repurchases of common stock.
D. Payment for plant construction.
E. Payments lags.
Answer: A
You might also like to view...
Which of the following costs usually would not be included in the inventory cost?
A) Storage costs B) Related tariffs C) Invoice price less purchases discounts D) Insurance on goods in transit
The most common form of advertainment is product placement
Indicate whether the statement is true or false
Which type of bad leader is unable to control his/her desires?
A. incompetent B. intemperate C. rigid D. callous
For Revenues, the category of account and its normal balance is ________
A) equity and a credit balance B) assets and a debit balance C) assets and a credit balance D) equity and a debit balance