When converting an income statement from a cash basis to an accrual basis, which of the following is incorrect? a. An adjustment for depreciation reduces net income b. A decrease in salaries payable decreases net income c. An increase in accrued payables decreases net income d. A reduction in prepaid expenses decreases net income

Popeye produces 20 cans of spinach in 8 hours. wimpy produces 15 hamburgers in 10 hours. if each hamburger trades for 1.5 cans of spinach, then: a. wimpy’s production and productivity are greater than popeye’s. b. popeye’s production is greater than wimpy’s, but his productivity is less. c. wimpy’s production is greater than popeye’s, but his productivity is less. d. popeye’s production and productivity are greater than wimpy’s.