In a business, the actual cash that flows into the firm minus the cash that goes out of it is known as cash flow.

Answer the following statement true (T) or false (F)


True

Cash flow is the actual cash that flows into a firm minus the cash that goes out of the firm. It is important to understand that cash flow in a business is not the same as profit.

Business

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The meaning of value is perceived identically by all consumers

Indicate whether the statement is true or false

Business

Which of the following statements is most likely true?

A. Selling is a very complex process. B. A sales call must move systematically toward a sale. C. Selling begins with negating a precall sales objective. D. Selling is easy to do on a consistent basis. E. Elaborate planning is necessary before making a sales call.

Business

Carteret Inc Carteret Inc manufactures hammocks under various brand names. The company sells most of its hammocks in the second quarter of each year. Their production budget for the second quarter shows the following number of hammocks needs to be produced: April 6,000 units May 10,000 units June 15,000 units Each unit requires 30 feet of cotton rope cord which costs $.50 per foot. The company

has determined that it needs 20 percent of next month's raw material needs on hand at the end of each month. In addition, each hammock requires 45 minutes of direct labor for assembly and inspection at a cost of $.25 per minute. The company currently applies manufacturing overhead to production at the rate of $8 per direct labor hour. Refer to the Carteret Inc information above. The total cost of direct labor and manufacturing overhead for the month of May is: A) $192,500 B) $ 82,500 C) $172,500 D) $168,750

Business

Tempest Enterprises had a sales margin of 5%, sales of $4,000,000, and invested capital of $5,000,000. The company's ROI was:

A. 16.00%. B. 25.00%. C. 4.00%. D. 6.25%. E. None of the answers is correct.

Business