Author Question: The _________ cycle or _________ cycle is the normal operating cycle of a firm that consists of ... (Read 124 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?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

For a complete list of videos, visit our video library