Astatement of cash flows is intended to users of financial statements a. evaluate a firm’s economic resources and obligations. b. determine a firm’s components of income from operations. c. determine whether insiders have sold or purchased the firm’s stock. d. evaluate a firm’s liquidity, solvency, and financial flexibility.

4. the condition requires that only one of the selected criteria be true for a record to be displayed.

Rosie and her brother michael decided recently to purchase an rv together. they both want to use the rv to take their families camping. the price of the rv was $10,000. since michael expects to use the rv 60% of the time and rosie 40% of the time, michael contributed $6,000 and rosie contributed $4,000. their ownership percentage equals their contribution percentage. which type of property titling should they use to reflect their ownership interest?

China's new 5 percent tax on disposable wooden chopsticks, reflecting concerns about deforestation, has been praised by environmentalists. the move is hitting hard at the japanese, who consume 25 billion set of wooden chopsticks annually. almost all of the chopsticks used in japan come from china. the reuirements for chinese manufacturers of wooden chopsticks to pay the 5 percent tax is a factor in their external environment.