Match the Following

question 79

Short Answer

Match the following.
A) indirect method
B) amortization
C) cash equivalents
D) direct method format
E) cash flows
F) noncash investing and financing activities
G) operating activity
H) gain or loss
I) financing activity
J) operating or financing activities
K) net income
L) evaluate management decisions
M) cash flow statement
N) free cash flow
O) accumulated amortization
P) investing activity
-An expense account that does not represent a cash outflow

• A) indirect method
• B) amortization
• C) cash equivalents
• D) direct method format
• E) cash flows
• F) noncash investing and financing activities
• G) operating activity
• H) gain or loss
• I) financing activity
• J) operating or financing activities
• K) net income
• L) evaluate management decisions
• M) cash flow statement
• N) free cash flow
• O) accumulated amortization
• P) investing activity
• -An expense account that does not represent a cash outflow

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Definitions:

ATC

Average Total Cost, which is calculated by dividing the total cost of production by the quantity of output produced. It includes both fixed and variable costs.

MC

Marginal Cost, which refers to the increase or decrease in the total cost of production when the output is adjusted by one additional unit.

AVC

Average Variable Cost, representing the variable costs (costs that change with production volume) per unit of output in economics.

ATC

Average Total Cost, which is the total cost divided by the quantity produced, encompassing both fixed and variable costs.