Consider importing the following text string with using ‘Text Import Wizard' or the ‘Text to Column Wizard.' Compare the appearance of the Excel® output with and without indicating "fixed width" format. Apples,3.60,Washington- DC,Red,Bananas,0.69,Brazil,Potatoes,2.13,Idaho,Milk,2.39,Wisconsin,Wheat,3.78,Kansas,Cabernet,42.77,California,Disinfectant Spray,4.55,California
The data needs to be imported with a ‘,' as a delimiter. If imported as a fixed width, the output would be scrambled.
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Sales reported on the income statement were $372,000 . The accounts receivable balance declined $4,500 over theyear. The amount of cash received from customers was $367,500
a. True b. False Indicate whether the statement is true or false
Which approach converts financial statement numbers as percentage of total assets or total sales?
a. Horizontal Analysis b. Vertical Analysis c. Ratio Analysis d. Variance Analysis
Compute the cash flow from transactions involving treasury stock.
Louisiana Company uses the indirect method to prepare its statement of cash flows. Refer to the following portion of the comparative balance sheet:
Note:
1. There were no stock retirements during the year.
2. There were no sales of treasury stock during the year.
A) zero net cash flow
B) $4500 of positive cash flow
C) $4500 negative cash flow
D) $13,000 negative cash flow
Extemporaneous speeches require no preparation or rehearsal
Indicate whether the statement is true or false