An increase in inventories during the accounting period represents an increase in cash.
a. true
b. false
Ans: b. false
Economics
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Which of the following forms the largest share of gross domestic product in the United States, when measured using the expenditure method?
A) Investment expenditure B) Government expenditure C) Foreign expenditure on domestic goods D) Expenditure on consumption
Economics
Which of the following is not a short-run impact of increasing tariffs on the American industries they seek to protect?
a. government tax revenues increase b. domestic production and sales by the protected industries increase c. consumers' real incomes decrease d. total domestic and foreign sales of those products in the United States increase
Economics