Xplosafe, the company profiled in the opening feature for Chapter 7, interviewed four attorneys before selecting the attorney they now use. They selected the attorney they did for two reasons:. A) his fees were the lowest and he is an entrepreneur himself
B) his references were the strongest and he is a former examiner for the U. S. Copyright Office
C) he is the President of the Oklahoma City, Oklahoma, bar association and he had experience working with startups
D) he is a startup entrepreneur himself and he is a former examiner for the U. S. Patent and Trademark Office
E) he had more experience working with startups and he agreed to alter his fee structure to charge less at the beginning and more as Xplosafe became profitable

both are integral parts of a corporate balance sheet. the cash flow statement, or statement of cash flows, measures the sources of a company's cash and its uses of cash over a specific time period. the income statement measures a company's financial performance, such as revenues, expenses, profits or losses over a specific time period (in fact, it's sometimes called a statement of financial performance).

a cash flow statement shows exactly how much money a company has received and how much it has spent, traditionally over a period of one month. it captures the current operating results and changes on the balance sheet, such as increases or decreases in accounts receivable or accounts payable, and does not include noncash accounting items such as depreciation and amortization. the cash flow generally comes from revenue received as a result of business activity, but it may be augmented by funds available as a result of credit. a cash flow statement is used to determine the short-term viability and liquidity of a company, specifically how well it is positioned to pay its bills and vendors.

answer; read and consider the content of the items;

answeri believe this is (true );