Which of the following are reasons to generate a pro forma cash budget on a monthly basis?
A) An income statement indicates a profit but the budget may indicate a loss.
B) A business can monitor the actual cash on hand.
C) Sales are recognized as income when the sale is made.
D) All of the above.
D
Business
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Which of the following motivates corporations to split their common stock?
A) To keep the price of the firm's common stock within an optimum price range B) To increase retained earnings C) To reallocate capital to shareholders D) To narrow ownership of the firm
Business
When ranking combined data in a Wilcoxon signed-rank test, the item that receives a rank of 1 is the _____
a. lowest value b. highest value c. middle value d. average of the highest and lowest values
Business