The Financial Accounting Standards Board (FASB) has expressed a strong preference for the indirect method, but allows companies to use the direct method in calculating the cash flow from operating activities
a. True
b. False
Indicate whether the statement is true or false
False
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While shopping at the mall, Jane was asked by one of the sales representatives at the cosmetics counter to try out a new lipstick that her company was test marketing
The company representative asks her how much she would be willing to pay for the lipstick. After trying it out, Jane is of the opinion that $5 is just the right price for it. What type of a reference price is Jane using? A) usual discounted price B) fair price C) maximum retail price D) last price paid E) historical competitor price
If a project's IRR is greater than zero, the project should be accepted
Indicate whether the statement is true or false
What is the probability that none of the oil wells will be successful?
The lesser the competition, the greater the choice available to consumers.
Answer the following statement true (T) or false (F)