BUS 320 Chapter Notes - Chapter 2: Operating Cash Flow, Cash Flow, Financial Statement
22 May 2011
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Post test: the accounting principle of realization is given for recording assets at their book values on the financial statement. a) true b) false. On page 29: calculate book value and market value of assets based on the information given below, assuming that these are the only items in the balance sheet: The correct answer is c. on page 29: which of the following is not a short-run variable cost? a) property taxes b) wages and salaries c) raw material costs d) bonuses to executives e) depreciation. The correct answer is c. on page 33: lamps brothers limited had net investment in fixed assets of ,500, increased investment of in current assets, a reduction of in current liabilities, and operating cash flow of. The cash flow from assets for the company is a) ,340 b) ,660 c) ,160 d) ,250 e) ,340.
