Identify each statement as an advantage or disadvantage of automation. can be expensive to set up can to create lower prices for manufactured goods may cause fewer mistakes in the manufacturing process

Which of the following statements is correct? a. two firms with identical sales and operating costs but with different amounts of debt and tax rates will have different operating incomes by definition. b. free cash flow (fcf) is, essentially, the cash flow that is available for interest and dividends after the company has made the investments in current and fixed assets that are necessary to sustain ongoing operations. c. retained earnings as reported on the balance sheet represent cash and, therefore, are available to distribute to stockholders as dividends or any other required cash payments to creditors and suppliers. d. if a firm is reporting its income in accordance with generally accepted accounting principles, then its net income as reported on the income statement should be equal to its free cash flow. e. after-tax operating income is calculated as ebit(1 - t) + depreciation.

What is used by accountant to analyze transactions ?

Which of the following comes after a period of recession in the business cycle? a. stagflation b. a drought c. a boom d. recovery