Evaluating a company cash flows
Which of the following formulas would a bank or an investormost likely use when evaluating a company's cash flows?
a) Debt to equity ratio
b) Quick ratio
c) Current ratio
d) Cash debt coverage ratio
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The error was discovered on December 29, 2013. Ignore income tax considerations. Montgomery's income statement for the year ended December 31, 2013, should show the cumulative effect of this error in the amount of:
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