During team meetings, Amber Downing always notices that Rhon…

During team meetings, Amber Downing always notices that Rhona Law tends to ask many questions and suggest ideas at each discussion. However, Law stands out in the meetings only because she is the only one making suggestions. If both of them were part of team meetings where almost all members made suggestions and asked questions, Law would not have drawn as much attention from Downing. Which of the following factors has most likely influenced Downing’s perception of Law?

What’s one “hill” you’re willing to die on? In other words,…

What’s one “hill” you’re willing to die on? In other words, what’s one thing that you will probably go to your grave believing that no one can convince you otherwise? Maybe it’s the Oxford comma shouldn’t exist or pineapples don’t belong on pizza. Before my online students put me on the spot and ask me (Heidie), a hill I’m willing to die on is that vanilla and chocolate swirled ice cream is pretty much a waste. It ultimately becomes chocolate ice cream. 

Accrual accounting defines something called “net income” whi…

Accrual accounting defines something called “net income” which is intended to measure changes in the economic value of the firm and is different from cash flows. Imagine that you were trying to adjust a Monopoly company’s net income to find its cash flows from operating activities at the end of 2021 (as you would if you were preparing the operating section of the cash flow statement using the indirect method). The company’s balance sheet shows that it had accounts receivable of $100 at the end of 2020 and accounts receivable of $200 at the end of 2021. How would you use this information to adjust net income, bringing it closer to cash flows from operating activities?