The net income calculated using either the single-step or multi-step income statement formats is always the same

Indicate whether the statement is true or false

TRUE

Business

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Which of the following is not a typical reason small businesses have cash flow problems?

a. Difficulty collecting money from customers b. Difficulty in getting bank loans c. Unexpected decreases in sales d. Seasonality of sales

Business

The complex network of vendors that produce components and ingredients which are then sold to the manufacturer is known as the ________

A) network chain B) channel of distribution C) supply chain D) ingredient chain E) distribution chain

Business