Card Sharks, Inc. Card Sharks, Inc.sells Baseball Cards and Other Memorabilia.The Company Tries

question 32

Multiple Choice

Card Sharks, Inc.
Card Sharks, Inc.sells baseball cards and other memorabilia.The company tries to maintain a cash balance equivalent to approximately 30 days of sales.Sales in 2011 amounted to $352,412 and the company expects growth in 2012 of 30% and in 2013 of 35%.
-All of the following are the fundamental bases for future payoffs to equity shareholders and share value except:

• A) earnings
• B) cash flows
• C) dividends
• D) depreciation

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Definitions:

Disappointment

The feeling of sadness or displeasure caused by the nonfulfillment of one's hopes or expectations.

Lifetime

The duration or extent of time that an individual exists or a specific entity or event occurs.

Increased

Describes a process or trend where there is an augmentation or rise in the level, number, or amount of something.

Lifetime

The duration or period from an individual's birth to their death, or the existence span of an object or concept.