The operating activities section of the statement of cash flows reflects the cash flows that affect current assets and current liabilities
Indicate whether the statement is true or false
TRUE
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The U.S. in recent years has had a significant deficit in its current account. This means that the U.S. citizens are exporting more than they are importing.
Answer the following statement true (T) or false (F)
Companies HD and LD have identical tax rates, total assets, and return on invested capital (ROIC), and their ROIC exceeds their after-tax cost of debt, (1-T) rd. However, Company HD has a higher debt ratio and thus more interest expense than Company LD. Which of the following statements is CORRECT?
A. Company HD has a lower ROA than Company LD. B. Company HD has a lower ROE than Company LD. C. The two companies have the same ROA. D. The two companies have the same ROE. E. Company HD has a higher net income than Company LD.
The best and most reliable tool for preserving a partnership business after dissolution is through a continuation agreement
Indicate whether the statement is true or false
What is a locally stored URL, or the address of a file or Internet page saved as a shortcut?
A. Website bookmark B. Folksonomy C. Taxonomy D. Social tag