1. Identify two important variables to be considered when making an investment decision. 2. What must a company do in the long run to be able to provide a return to investors and creditors? 3. What is the primary objective o
1. Identify two important variables to be considered when making an investment decision. 2. What must a company do in the long run to be able to provide a return to investors and creditors? 3. What is the primary objective o
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter15: Statement Of Cash Flows
Section: Chapter Questions
Problem 4TIF
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please answer all the question.
1. Identify two important variables to be considered when making an investment decision.
2. What must a company do in the long run to be able to provide a return to investors and creditors?
3. What is the primary objective of financial accounting?
4. Define net operating cash flows. Briefly explain why periodic net operating cash flows may not be a good indicator of future operating cash flows.
5. What is meant by GAAP? why should all companies follow GAAP in reporting to external users?
6. Explain the roles of the SEC and the FASB in the sitting of accounting standards.
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