What can be learned from a statement of cash flows?
What will be an ideal response?
The statement of cash flows shows how cash has been generated during a year or a quarter, and how it has been used.The statement of cash flows is an important analytical tool for creditors, investors, and other users of financial statement data that helps determine the following about a business firm:
• Its ability to generate cash flows in the future
• Its capacity to meet obligations for cash
• Its future external financing needs
• Its success in productively managing investing activities
• Its effectiveness in implementing financing and investing strategies
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Discuss the factors that are used in determining credit scoring in the FICO model
What will be an ideal response?
The Federal Age Discrimination in Employment Act prohibits employers from discriminating against people
a. over 55 years of age. b. ages 50 to 70 years of age. c. ages 40 to 70 years of age. d. over 60 years of age.