Margo's Dress Shoppe Had the Following Values as of the End

question 91

Multiple Choice

Margo's Dress Shoppe had the following values as of the end of last year and the end of this year. Which of the following are sources of cash for the year?

• A) cash and accounts receivable.
• B) cash and accounts payable.
• C) accounts receivable and inventory.
• D) cash, accounts payable, and inventory.
• E) accounts payable, accounts receivable, and inventory.

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Definitions:

Diffusion

The process by which an innovation is communicated through certain channels over time among the members of a social system.

R&D

Short for Research and Development, involving investigative activities a business conducts to improve existing products and procedures or to lead to the development of new products and procedures.

Invention

The creation of a new product, system, or process that has never before been made and is recognized as the product of some unique insight.

Basic Research

Research aimed at gaining more comprehensive knowledge or understanding of the subject without targeted applications towards processes or products.