To measure a firm's economic performance and position in a given period,it makes sense to
Measure all of the following except:
A) The daily free cash flow published by the Wall Street Journal
B) Expenses incurred for resources consumed in that period
C) A portion of the long-lived resources consumed during that period
D) The cost of commitments made during that period to pay retirement benefits to employees in future periods

Question

Quizplus · Accepted Answer

The daily free cash flow published by the Wall Street Journal is not a measure of a firm's economic performance and position in a given period. It is a reporting of a firm's cash generated from operations and investments during a specific day, and does not provide a comprehensive overview of a firm's overall performance and position over a period of time. The other options provided (B, C, and D) all measure important aspects of a firm's economic performance and position during a given period.

To Measure a Firm's Economic Performance and Position in a Given