What would be cash flow from operations
A firm has net sales of $3,000, cash expenses (including taxes) of $1,400, and depreciation of $500. If accounts receivable increase over the period by $400, what would be cash flow from operations?
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If a bond's coupon rate is lower than its yield to maturity, then the bond's price will increase over its remaining maturity.
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During a period of rising prices, the financial statements of a firm using FIFO reporting instead of LIFO reporting would show Higher total assets and higher net income.
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