The relevant variable a financial manager uses to measure returns is
A) net income determined using generally accepted accounting principles.
B) cash flows.
C) dividends.
D) earnings per share minus dividends per share.
B
Business
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The range in which the true value of the population is estimated best defines level of
A) confidence. B) precision. C) variability. D) viability.
Business
When using the indirect method, how is the receipt of cash from the sale of long-term investments treated on the statement of cash flows?
a. Operating activity b. Investing activity c. Financing activity d. Noncash investing or financing activity
Business