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26. Which term relates to the cash flow which results from a firm's ongoing, normal business activities? a. cash flow from assets b. capital spending!
26. Which term relates to the cash flow which results from a firm's ongoing, normal business activities? a. cash flow from assets b. capital spending! C. net working capital d. operating cash flow! e. cash flow to creditors . 27. The difference between a firm's current assets and its current liabilities is called: a. operating cash flow. b. capital spending. C. working capital. d. net working capital. e. cash flow to creditors. 28. Net income divided by the total number of outstanding shares is referred to as the: a. earnings per share. b. profit margin. C. retum per share. d. market earnings. e. dividend per share. - 29. Which of the following are included in current assets? I. retained earnings! II. inventory III. accounts payable IV. cash a. II and IV only! b. I and III only c. I, II, and IV only d. III and IV only e. II, III, and IV only 30. Which of the following are included in current liabilities? I. note payable to a supplier in eight months II. amount due from a customer next month III. account payable to a supplier that is due next week! IV. loan payable to the bank in fourteen months a. I and III only! b. II and III only c. III and IV only d. II, III, and IV only e. I, II, and III only
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