Author Question: Why is it not a good idea to rely on your income statement to run your business? A) The income ... (Read 74 times)

Alygatorr01285

  • Hero Member
  • *****
  • Posts: 564
Why is it not a good idea to rely on your income statement to run your business?
 
  A) The income statement deducts noncash expenses, such as depreciation, even when no cash is actually flowing out of the business.
  B) The income statement records cash when it comes into the business.
  C) The income statement adds noncash expenses back to the business's earnings.
  D) All of the above
  E) None of the above

Question 2

Every business idea is an opportunity.
 
  Indicate whether the statement is true or false


iman

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

A

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

For a complete list of videos, visit our video library