1.Net income for Timber in 2000 was $121,998(in thousands). There was a deduction from net income on the statement of cash flows for ($24,419) (in thousands) for the change in accounts receivable. The accounts receivable balance on December 31, 2000 was $105,727 (in thousands). How much was the accounts receivable balance on December 31, 1999?
2.In 2000, Rudy had a dividend yield of .2% and Wendy’s was .9%. Which of the following is false?
A) Most likely these companies suffered a decline in their market price causing the yield to drop.
B) They pay very little in dividends because they reinvest their earnings in expansion of operations.
C) They provide very little immediate return to their investors.
D) All of above are false.
E) None of the above is false.
- cerberusLv 41 decade agoFavorite Answer