Which of the following statements is false? A cash flow statement summarizes all of the income and outgo (spending) over a certain time period. A budget is a written plan for saving and spending. A budget is meant to summarize the saving and spending that has taken place over the past year. The cash flow statement is reflective of what has already taken place.

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

Ursus, inc., is considering a project that would have a five-year life and would require a $1,650,000 investment in equipment. at the end of five years, the project would terminate and the equipment would have no salvage value. the project would provide net operating income each year as follows (ignore income taxes.):

One of your new suppliers, kim, has been hearing rumors about your firm’s lack of capability to deliver high quality products and writes an email asking you to address the claims being made. in replying to her, you want to be sure that you are very clear and leave no room for misinterpretation. which of the following aspects of effective communication should you give the most attention? (a) making sure you understand kim’s areas of expertise. (b) supporting your reply with relevant data and facts. (c) establishing your credibility as an expert. (d) paying attention to implied communications.