The law in the United States has been influenced by English, but not by French or Spanish law

Indicate whether the statement is true or false

FALSE

Business

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Companies are increasingly using nonfinancial measures to evaluate performance. Why? Since these numbers do not come from the company's financial records, why are they used?

What will be an ideal response?

Business

In a statement of cash flows, if equipment is sold at a gain, the amount shown as a cash inflow from investing activities equals the carrying amount of the equipment

a. with no addition or subtraction. b. plus the gain and less the amount of tax attributable to the gain. c. plus the gain only. d. plus both the gain and the amount of tax attributable to the gain.

Business