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Question
a profitable utility will maintain a high operating ratio.
Answer
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the interest rate that is assumed to be earned on pension funds can have a material influence on the pension expense and the pension liability. the higher the rate of interest assumed to be earned on pension funds, the higher the pension expense and the higher the pension liability.
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sale of equipment for cash is an operating activity.
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the purchase of equipment using cash is an investing activity.
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cash flow per share is usually higher than earnings per share.
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the operating cash flow/total debt ratio is one that indicates a firm's ability to meet its current maturities of debt.
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within an individual account, there may be an explanation of both a source and a use of cash.
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the income statement does not fairly represent the cash from operations.
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the statement of cash flows became a required statement in which year? a. 1995 b. 1978 c. 1971 d. 1987 e. 1993
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equity capital to total assets for a bank is a measure of leverage.
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