Because Ashley has a winning smile, you uncritically accept her

Volutia Corporation's comparative financial statements included the following amounts for the current year:

Depreciation expense $102,000 Loss on sale of fixed assets 38,000 Decrease in fixed assets 155,000 Increase in accounts receivable 37,000 Decrease in accounts payable 42,000 Decrease in inventory 65,000 Increase in taxes payable 19,000 Net income 720,000 Prepare the operating activities section of the statement of cash flows using the indirect. What will be an ideal response?

If the historical data on which the model is being built consist of weekly data, the forecasting period would also be weekly

Indicate whether the statement is true or false