Which statement is true regarding the cash basis of accounting? a. expenses are reported in the same period as the revenues to which they relate. b. revenues are reported in the period in which cash is received, and expenses are reported when cash is paid out. c. the cash basis of accounting is used by most large businesses to provide accurate financial statements for users. d. revenues are reported in the period in which a service has been performed or a product has been delivered.

Greenway industries is a major multinational conglomerate. its business units compete in a range of industries, including home appliances, pharmaceuticals, commercial real estate, and plastics manufacturing. although its largest business unit, which produces kitchen appliances, is among the most profitable in the industry, it generates only 35 percent of the company's revenues. which of the following is most likely true of greenway's stock price? a. it is valued at less than the sum of its individual business units. b. it is valued at greater than the sum of individual business units. c. it is valued at the exact sum of individual business units. d. it is consistently lower than the industry average.it is valued at greater than the sum of individual business units.