Business, 16.07.2019 22:30 ybetancourt1
Accrual income versus cash flow for a period thomas book sales, inc., supplies textbooks to college and university bookstores. the books are shipped with a pro- viso that they must be paid for within 30 days but can be returned for a full refund credit within 90 days. in 2014, thomas shipped and billed book titles totaling $760,000. collections, net of return credits, during the year totaled $690,000. the company spent $300,000 acquiring the books that it shipped. a. using accrual accounting and the preceding values, show the firm’s net profit for the past year. b. using cash accounting and the preceding values, show the firm’s net cash flow for the past year. c. which of these statements is more useful to the financial manager? why?
Answers: 2
Business, 21.06.2019 19:30
In business,what would be the input, conversion and output of operating a summer band camp
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Business, 22.06.2019 13:50
When used-car dealers signal the quality of a used car with a warranty, a. buyers believe the signal because the cost of a false signal is high b. it is not rational to believe the signal because some used-car dealers are crooked c. the demand for lemons is eliminated d. the price of a lemon rises above the price of a good used car because warranty costs on lemons are greater than warranty costs on good used cars
Answers: 2
Business, 22.06.2019 19:20
After jeff bezos read about how the internet was growing by 2,000 percent a month, he set out to use the internet as a new distribution channel and founded amazon, which is now the world's largest online retailer. this is clearly an example of a(n)a. firm that uses closed innovation. b. entrepreneur who commercialized invention into an innovation. c. business that entered the industry during its maturity stage. d. exception to the long tail business model
Answers: 1
Business, 22.06.2019 22:50
Which of these makes a student loan different from other types of loans
Answers: 1
Accrual income versus cash flow for a period thomas book sales, inc., supplies textbooks to college...
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