Accounting figures and cash flows are not necessarily the same ...

[Metfan725]

Accounting figures and cash flows are not necessarily the same due to the presence of certain non-cash expenditures on a firm's income statement.
 
  Indicate whether the statement is true or false

Question 2

The ________ ratio indicates the efficiency with which a firm uses its assets to generate sales.
 
  A) inventory turnover
  B) total asset turnover
  C) quick
  D) current asset turnover

[scikid]

Answer to Question 1

TRUE

Answer to Question 2

B