The Balance Sheet of a Service Company Would Include Which

question 197

Multiple Choice

The balance sheet of a service company would include which of the following?

• A)Factory equipment depreciation
• B)Cost of goods manufactured
• C)Accounts receivable
• D)Cost of goods sold

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Definitions:

Daily Sales

The total revenue or amount of goods and services sold by a business within a single day.

Free Cash Flow

The amount of cash generated by a business after accounting for capital expenditures needed to maintain or expand the asset base.

EVA

Economic Value Added is a measure of a company's financial performance based on the residual wealth calculated by deducting its cost of capital from its operating profit.

Accounts Receivable

Money owed to a company by customers for products or services delivered or used but not yet paid for.