Kendall Corners Inc. recently reported net income of $3.1 million and depreciation of $500,000. What was its net cash flow?

Magazine sells subscriptions for $ 60 for 12 issues. The company collects cash in advance and then mails out the magazines to subscribers each month. Apply the revenue recognition principle to determine a.

In a long-run equilibrium, A. both a perfectly competitive firm and a monopolistically competitive firm operate at their efficient scale of production. B.

According to mcardle, when the boomers are fully retired, there will be how many workers per retiree?

Sal has heard a lot about his town's country club. He heard it has a great golf course, tennis courts, and dining room. In addition, many of Sal's business partners belong to the club.

You are evaluating two different silicon wafer milling machines. The Techron I costs $285,000, has a three-year life, and has pretax operating costs of $78,000 per year.

State the generally accepted accounting principle applicable to balance sheet valuation of each of the following assets. (a) Trade accounts receivable. (b) Land. (c) Inventories. (d) Trading securities (common stock of other companies).

What does it mean to be concise in business writing? A. to use facts that readers can easily verify B. to use language that impresses readers C. to use fewer words to clearly convey ideas D. to use reliable sources to present information

Paar Corporation bought 100 percent of Kimmel, Inc., on January 1, 2015. On that date, Paar's equipment (10-year remaining life) has a book value of $420,000 but a fair value of $520,000.

On January 1, 2014, Fishbone Corporation sold equipment to Lost Company that cost $250,000 and that had accumulated depreciation of $100,000 on the date of sale.

Leading economic indicators are: A. the most popular economic statistics. B. data that are used to construct the consumer price index and the unemployment rate. C. variables that tend to fluctuate in advance of the overall economy. D.