$ 337,975
You are doing some comparison shopping. Five stores offer the product you want at basically the same price but with differing credit terms. Which one of these terms is best-suited to you if you plan to forgo the discount?
2 / 10, net 30
2 / 5, net 30
2 / 5, net 20
1 / 10, net 45
1 / 5, net 15
The plowback ratio is:
The dollar increase in net income divided by the dollar increase in sales.
Equal to net income divided by the change in total equity.
Equal to one minus the retention ratio.
The change in retained earnings divided by the dividends paid.
The percentage of net income available to the firm to fund future growth.
Which one of the following is the financial statement that summarizes a firm’ s revenue and expenses over a period of time?
Statement of cash flows