Lance Corp.'s Statement of Cash Flows for the year ended September 30, 20X4, was prepared using the indirect method and included the following: Net income $60,000 noncash adjustments: Depreciation expense 9,000 Increase in accounts receivable 5,000 Decrease in inventory 40,000 Decrease in accounts payable (12,000) Net cash flows from operating activities $92,000 Lance reported revenues from customers of $75,000 in its 20X4 Income Statement. What amount of cash did Lance receive from its customers during the year ended September 30, 20X4

What are two benefits of consumer programs

Consider a treasury bill with a rate of return of 5% and the following risky securities: security a: e(r) = .15; variance = .0400 security b: e(r) = .10; variance = .0225 security c: e(r) = .12; variance = .1000 security d: e(r) = .13; variance = .0625 the investor must develop a complete portfolio by combining the risk-free asset with one of the securities mentioned above. the security the investor should choose as part of her complete portfolio to achieve the best cal would be a. security a b. security b c. security c d. security d

Bond j has a coupon rate of 6 percent and bond k has a coupon rate of 12 percent. both bonds have 14 years to maturity, make semiannual payments, and have a ytm of 9 percent. a. if interest rates suddenly rise by 2 percent, what is the percentage price change of these bonds?