Which of the following financial statements is a period statement?

A) Statement of cash flows
B) Income statement
C) Statement of retained earnings
D) All of the above
E) None of the above

Answer: D) All of the above

Business

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Firms that focus too narrowly on their established customers may be constrained in the strategies and technologies they choose to pursue. When this happens, they are said to suffer from:

a. marketing myopia. b. core rigidities. c. tyranny of the served market. d. a competency trap. e. market misery.

Business

The objective of managing cash inflows is to decrease the float while the objective of managing cash

outflows is to increase the float. Indicate whether the statement is true or false

Business