Product quality is related to how customers think a product will perform
Indicate whether the statement is true or false
TRUE
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Negative cash flow from operating activities on the statement of cash flows most likely indicates a company is ________
A) borrowing more than it is paying off B) buying more long-term assets than it is selling C) paying off more of its debts than it is borrowing D) in poor financial health
A . Action Corporation purchases all of the assets of the Bell Corporation. After the purchase, a creditor of the Bell Corporation asserts that, by buying the assets of the Bell Corporation, Action has automatically assumed all of Bell's obligations. Is
he correct? Explain. b. Dicton Corporation is merged into the Crag Corporation. One of Dicton's creditors was not paid before the merger occurred. The creditor demands payment from the board of directors of the Crag Corporation. The board says that because the Dicton Corporation no longer exists, Crag has no obligation to the creditor. Who is right? Explain your answer.