Which of the following is not true regarding the flow of information from the adjusted trial balance on the end-of-period spreadsheet?
a. the revenue and expense account balances flow into the income statement.
b. the cash account is reported on the income statement.
c. the owner's capital and drawing account balances flow into the statement of owner's equity.
d. the asset and liability account balances flow into the balance sheet.

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak

Rosie and her brother michael decided recently to purchase an rv together. they both want to use the rv to take their families camping. the price of the rv was $10,000. since michael expects to use the rv 60% of the time and rosie 40% of the time, michael contributed $6,000 and rosie contributed $4,000. their ownership percentage equals their contribution percentage. which type of property titling should they use to reflect their ownership interest?

If the ceo of a large, diversified, firm were filling out a fitness report on a division manager (i.e., "grading" the manager), which of the following situations would be likely to cause the manager to receive a better grade? in all cases, assume that other things are held constant.a. the division's basic earning power ratio is above the average of other firms in its industry.b. the division's total assets turnover ratio is below the average for other firms in its industry.c. the division's debt ratio is above the average for other firms in the industry.d. the division's inventory turnover is 6, whereas the average for its competitors is 8.e. the division's dso (days' sales outstanding) is 40, whereas the average for its competitors is 30.