Author Question: The _________ cycle or _________ cycle is the normal operating cycle of a firm that consists of ... (Read 57 times)

armygirl

  • Hero Member
  • *****
  • Posts: 556
The _________ cycle or _________ cycle is the normal operating cycle of a firm that consists of buying or manufacturing inventory, selling inventory and paying accounts payable and collecting accounts receivable.
 
  Fill in the blanks with correct word

Question 2

How does the equity method distort earnings?
 
  a. Income is recognized even though cash may never be received.
   b. Equity earnings are recorded even if the investor cannot exercise influence over the investee's policies.
   c. Equity earnings are only recorded on a cash basis of accounting.
  d. Equity earnings are recorded when investment ownership is 100.



nickk12214

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

cash conversion, net trade

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

For a complete list of videos, visit our video library