Cash flow from operations includes all of the following adjustments to net income EXCEPT
A) purchases of new equipment.
B) depreciation.
C) increase or decrease in current liabilities.
D) increase or decrease in current inventory.
Answer: A
Business
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Walmart developed the Ol'Roy brand of dog food to sell only in its stores. Ol'Roy is an example of a ________
A) generic product B) national brand C) franchise D) copy-cat brand E) private label
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A budget that is created by starting with the work breakdown structure, determining costs for each work package, and then adding these costs together is:
A) Zero-based budgeting. B) Top-down budgeting. C) Bottom-up budgeting. D) Activity-based budgeting.
Business