Under the indirect method, a decrease in inventory is added to net income to determine cash flow from operating activities
a. True
b. False
Indicate whether the statement is true or false
True
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What is the purpose of the purchase order?
While the indirect method is prevalent in the construction of cash flow statements in the U.S., why might a firm choose to construct its cash flow statement using the direct method?
a. The direct method will always show a higher net change in cash. b. The direct method is usually easier for users to understand. c. The direct method is required by some industries. d. The direct method will always make the firm's management look better. e. None of the above answer choices is correct.
Ajax Inc. is one of the customers of a well-known linen manufacturing company. Ajax has not ordered linen in some time, but when it did order in the past it ordered frequently, and its orders were of the highest monetary value. Under the given circumstances, Ajax is most likely to have an RFM score of ________.
A. 555 B. 515 C. 155 D. 511 E. 151
A company has earnings per share of $6.50. Its dividend per share is $0.50, and its market price per share is $80. Its price-earnings ratio equals 13.
Answer the following statement true (T) or false (F)