In general, can you assume that investing activities generate cash, and financing activities consume cash? I say YES , because investing involves the acquisition or disposal of long term resources used by a business and financing can include interest payments, securities redee...
Are Estimated Uncollectible Accounts reported n the Income Statement? I think... yes.
If a co has a lower ratio of fixed to variable costs than another co, all things equal if sales for both increase 10% would the Co with the lower fixed cost's: expenses increase more rapidly, decrease while the others' increased, net income decrease, or net income incr...
For Further Reading