In calculating the statement of cash flows, depreciation is added to net income because
A) depreciation represents a net inflow of cash.
B) it is often a large number.
C) it is a non-cash expense that was subtracted to initially lower the taxable income.
D) it represents additional income for the firm.
_________________ are composed of employees at various organizational levels who come together to discuss and address issues related to customer satisfaction, facilities or employee benefits.
Fill in the blank(s) with correct word
The laws pertaining to the serving of alcohol at private parties apply to:
a. The host only.
b. The host only if they do not have insurance.
c. The host and the caterer
d. They caterer only because the caterer will have insurance.
e. The laws pertaining to the serving of alcohol do not apply to private functions.
Over the long term, successful companies generate positive cash flows from
A) operating activities.
B) investing activities.
C) financing activities.
D) other activities.
The ability of Wendy's to have a drive-thru call center in New Hampshire
a. Does not provide a cost/benefit situation
b. Will not work due to constant communication failures, but is a creative idea
c. Gets back to max by increasing sales rather than decreasing costs
d. Saves 23 labor costs compared to other options
e. Is just a crazy idea
_________________ is the process of establishing trust and opening communication channels among a number of individuals who share a common purpose or goal.
Fill in the blank(s) with correct word
The reason why a state or local government would be concerned with Truth in Menu issues is:
a. To insure that only local products are used.
b. To prevent the use of additives such as artificial flavoring and color.
c. To insure that any health claims for food items can be substantiated.
d. To insure that the guest can make an informed choice.
e. To be sure that the prices are fair.
Dividends
A) increase retained earnings.
B) reduce retained earnings when declared.
C) reduce retained earnings when paid.
D) are an operating expense like food cost.
Which type of method does not represent increasing revenue driving force?
a. market penetration
b. account penetration
c. eliminate outside vendor
d. improve customer service
e. cannot be determined
Which of the following is an example of an other asset?
A) prepaid insurance
B) deferred income taxes
C) treasury stock
D) patents
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