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Author Question: Accounting figures and cash flows are not necessarily the same due to the presence of certain ... (Read 66 times)

Metfan725

  • Hero Member
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  • Posts: 552
on: Jul 11, 2018
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

  • Sr. Member
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  • Posts: 300
Reply #1 on: Jul 11, 2018
Answer to Question 1

TRUE

Answer to Question 2

B


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