Pre-Flight Quiz - 1. What liabilities are subtracted from...

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What liabilities are subtracted from current assets to find net operating working capital? a. accounts payable b. accruals (accrued taxes and wages) c. notes payable d. Both A and B e. All of the above 2. Which of the following defines net cash flow? a. net income b. net income minus dividends c. net income plus net working capital d. net income plus depreciation 3. Which of the following illustrates an inflow of cash? a. a decrease in inventory b. a decrease in long-term debt c. a decrease in common stock d. an increase in fixed assets 4. What does net operating profit after taxes plus depreciation measure? X a. net cash flow b. operating cash flow c. free cash flow d. investing cash flow 5. Which of the following sources of investment income has the highest marginal tax rate for an individual? a. Dividends b. Interest from a savings account c. Long-term capital gains d. Interest from a municipal bond 5. Which of the following is NOT tax deductible for a corporation?
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Pre-Flight Quiz - 1. What liabilities are subtracted from...

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