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NEW QUESTION: 1
The following data are taken from the AlphaBeta Company's financial statements ending Dec 31, 1990:
Increase in salaries payable 120
Decrease in accounts payable 45
Provision for bad debt 15
Depreciation 90
Interest paid 35
Proceeds from new bonds issued 225
Net Income 350
Tax rate 35%
What was AlphaBeta's operating cash flow in 1990?
A. 0
B. 1
C. 2
D. 3
Answer: A
Explanation:
Explanation/Reference:
Explanation:
In this case, OCF = 350 + 120 - 45 + 15 + 90 = 530. Proceeds from bond issue are part of financing cash flow, not of OCF. Note that tax rate is not relevant in the indirect method since it has already been factored into in the net income figure. Also, only non-cash items need to be adjusted.

NEW QUESTION: 2
Relay Servers can be combined to act as what?
Choose the correct answer.
A. Web Gardens
B. Server Farms
C. Machine Libraries
D. Console Pools
Answer: B

NEW QUESTION: 3
A company is choosing between three projects, Project L, Project M and Project N using minimax regret.
The outcome from each project is dependent on competitor reaction. If this is passive returns will be L
$4,000, M $3,500 and N $5,200. If it is aggressive returns will be L $3,200, M $2,800 and N $2,950.
Place the tokens into the table to show the maximum regret for each project and whether the project would be undertaken using minimax regret.

Answer:
Explanation: