The Balance Sheet of Tech Track Reports Total Assets of $400,000

question 83

Multiple Choice

The balance sheet of Tech Track reports total assets of $400,000 and $500,000 at the beginning and end of the year,respectively.Sales revenues are $1.1 million ($0.8 million in the previous year) ,net income is $40,000,and net cash flows from operating activities are $50,000.How does Tech Track's cash flow to sales ratio compare to the industry average of 5%?

• A)Better.
• B)Worse.
• C)Same as.
• D)Cannot be determined with the data provideD.

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Definitions:

Social Support

The emotional, instrumental, or informational assistance received from social networks, which can provide a buffer against negative life events.

Emotion-Focused Coping

A stress management strategy that involves attempting to reduce negative emotional responses associated with stress, such as embarrassment, fear, anxiety, depression, excitement, and frustration.

Hardy People

Individuals who exhibit resilience and coping ability in the face of stress and adversity, often maintaining a positive outlook.

Commitment

The state or quality of being dedicated to a cause, activity, or relationship.