Which of the following strategies is used to deal with uncertainity related to estimating future costs?
a. Insurance.
b. Hedging.
c. Cost restructuring.
d. Statistical analysis.
d
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Which of the following is subject to fair value assessment?
a. Marketable securities. b. Inventory. c. Property that will be sold. d. All of the above could require fair value adjustments.
Cases involving diversity of citizenship can be heard in a federal court if an amount in excess of $75,000 is in controversy
Indicate whether the statement is true or false
Tyrone has just told his audience that engineering a hostile business takeover is similar to conducting guerilla warfare. He is using what technique?
A) Personal anecdote B) Quotation C) Personalized statistic D) Analogy
The following information is for Cleveland Company: 12/31/201612/31/2015Accounts receivable $143,500? $206,000? Prepaid rent 59,000? 29,300? Long term investments 154,500? 184,000? Dividends payable 57,200? 74,800? Salaries payable 181,000? 188,400? Long term notes payable 360,800? 390,200? Additional data for the current year: (1) Sales on account for the period were $246,000. (2) Operating expenses for the period were $133,000. Based on this limited information, what was the net cash inflow from operating activities?
A. $62,500 B. $138,400 C. $113,000 D. $37,100