The income statement line item that shows the performance of operating activities without consideration of financing is (EBIT)?
Which of the following will increase equity?(Both B&C)
a. An increase in dividend paid
b. issuance of new stock
c. an increase in retained earnings
Which of the following does not cause accounting profit and cash flow to differ?
a depreciation
b sales made on credit
c payroll expenses
d Inventory purchased and not yet sold