Oscar Company is preparing its financial statements for the current year. Which of the following statements is correct? I. A main difference between the income statement and the statement of cash flows is that the income statement is based on the accrual method of accounting and the statement of cash flows is based on the cash basis of accounting. II. Depreciation is added back to net income in a direct method statement of cash flows because it is a source of cash. III. Investing and financing activities that do not affect cash do not require disclosure in the financial statements. IV. If a vendor allows a company to buy on credit, it is a use of cash to the buying company

What is the most important factor that affects the value of a company? a) cash flow b) earnings c) supply and demand d) number of employees

Lin corporation has a single product whose selling price is $136 per unit and whose variable expense is $68 per unit. the company’s monthly fixed expense is $32,400. required: 1. calculate the unit sales needed to attain a target profit of $5,000. (do not round intermediate calculations.) 2. calculate the dollar sales needed to attain a target profit of $8,400.

Greenway industries is a major multinational conglomerate. its business units compete in a range of industries, including home appliances, pharmaceuticals, commercial real estate, and plastics manufacturing. although its largest business unit, which produces kitchen appliances, is among the most profitable in the industry, it generates only 35 percent of the company's revenues. which of the following is most likely true of greenway's stock price? a. it is valued at less than the sum of its individual business units. b. it is valued at greater than the sum of individual business units. c. it is valued at the exact sum of individual business units. d. it is consistently lower than the industry average. it is valued at greater than the sum of individual business units.