Which of the following assertion is the most plausible relating to comprehensive forecasts

The accounting system identifies, measures, and aggregates economic consequences of business activities to report in firm’s financial statements. Which of the following is not categorized as such a business activity?

Following information are taken from the balance sheet of Bell Inc. Fiscal year 2019 2020 Current Assets       6,495      4,800 Long Term Assets     17,615    16,821 Total Assets     24,110    21,621 Current Liabilities       3,400      3,200 Long Term Liabilities     13,330      9,831 Shareholders’ equity       7,380      8,590 Liabilities and Equity     24,110    21,621 Bell does have any cash, marketable securities, short term debt, and current maturities of long term debt. All long-term liabilities are interest bearing. What is Bell’s Net Assets for 2020?

Purchases divided by accounts payable provides information about:

  Following is some financial information from Bell Inc. 2019 2020 Revenue     54,105     43,844 Operating income       6,096       4,439 Interest expense       1,750       1,260 Tax           761           746 Net Income       3,585       2,433 What is Bell’s Net Operating Profit (NOPAT) for 2020?  

When a company pays its bill from a lawyer for previous services on account

The main objective of Strategy analysis is

Which one of the following assertions is not a potential source of noise and bias in externally reported accounting data

Who are the information intermediaries that facilitate mitigating information gap between investors and firms:

Cost of goods sold divided by inventory provides information about (choose one answer)