Operating cash flow will increase with a decrease in
A) inventories.
B) current liabilities.
C) depreciation expense.
D) capital expenditures.
Answer: A
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Which of the following is false regarding a merchandising firm?
a. A merchandising firm purchases inventory for resale. b. A merchandising firm does not change the physical form of the inventory. c. A merchandising firm performs no incremental work on the inventory. d. A merchandising firm adds nothing to the acquisition cost of the inventory after it is purchased. e. None of the above are false regarding a merchandising firm.
Carol was recently put on a team to develop a new product for Acme Global. Because there are so many people on the team, Carol thinks no one will notice if she does not participate or do any work for the team. Carol is a(n) ______.
A. social loafer B. golden parachute C. individual performer D. merit seeker
The balance in Allowance for Doubtful Accounts must be considered prior to end of period adjustment when using which of the following methods?
A) Allowance method B) Direct write-off method C) Accrual method D) Net realizable method
A firm's "relevant market for finding opportunities" should
A. be as large as possible. B. have no geographic boundaries. C. be bigger than the firm's present product-market-but not so big that the firm could not be an important competitor. D. be no larger than the firm's present product-market. E. be limited to products the firm already produces.