Answer:
A. have no effect.
Explanation:
The US Treasury Bill was purchased at short-term
So it would not affect the company's cash balance.
The rule for short-term invstment is to have litle risk
and a mature of less than 90 days
the US TB fullfil both, it has no risk and matures within 90 days It is considered a cash equivalent.
Answer:
The correct answer would be D, Sheila's parents will qualify for a Plus loan because of their low income.
Explanation:
PLUS loan stands for Parents Loan for Undergraduate Students. It is the loan given to the parents of the students who are graduating with the college. It can be a post secondary loan. This loan is given to the students who cannot afford to meet the expenses of their studies as well as of other activities like books, notes, handouts etc. This loan is given to the parents of the students who have low incomes and can't afford to finance their child's education.
Answer:
True
Explanation:
Value-based marketing is a shift from product centered to customer centered approach. Customer values and ethics are the primary drivers of this strategy.
When value- based pricing is done, the customer's perception of the value of goods and services is taken into consideration.
This is different from basing price on product cost or historical price.
Answer:
The correct answer is Option A.
Explanation:
A. Losses on the sale of longminusterm assets are subtracted from net income - This is incorrect because on losses on sale of an asset are usually added to the net income to avoid double-counting of income. Under the investing section of the cash flows, the proceed received on disposal is recorded there as inflow, if the losses realized on the disposal are subtracted, there would be a double-counting because the losses had already reduced the net income before.
B. Increases in current liabilities are added to net income - This is an inflow of cash, so it is usually added back.
C. Depreciation expense is added to net income - The explanation under Option A above applies but only that depreciation is a non-cash item, which already reduced the net income and it has to be added back to reinstate the net income.
D. Gains on the sale of longminusterm assets are subtracted from net income - Explanation under Option A applies.
