How does increasing the measure of days sales in payables (DSP) affect operating and financing cash flows?
Operating | Financing

SEC rule 12b-1 allows managers of certain funds to use a portion of the fund's average net assets every year for ___________expenses.

Average income increases from $20,000 p.a. to $22,000 p.a. Quantity demanded per year increases from 5000 to 6000 units. Which of the following is correct?

For financial statement purposes, Adel Corporation was depreciating a truck by the straight-line method over five years. For income tax purposes, the truck was being depreciated by an accelerated method over a life of only three years. After two years, the truck was sold at a price above its book value for financial statement purposes. Adel Corporation should report this sale as:

When bonds are issued at a premium, the long-term liability reported on the balance sheet for the bonds: