Answer:
See below
Explanation:
Net income during the year
$59,000
Adjustments:
Depreciation
$27,000
Changes in current assets and liabilities
Less:
Increase in accounts receivables
($32,000)
Increase in inventories
($12,000)
Decrease in accounts payable
$25,000
Net cash flow from operating activities
$17,000
Answer:
C. The Fed should target the money supply, not the interest rate, and that it should adopt the monetary growth rule.
The Uniform Securities Act governs such actions and by performing these actions, the IAR has:
Performed an unethical business practice
Broken his fiduciary duty and created a conflict of interest
The Model Rule on Unethical Business Practices does not allow the loaning or borrowing of a client and an investment advisory representative or IAR because this may constitute a conflict of interest.
The AAA payed farmers to reduce their production in order to raise prices.
Answer:
$1,051,780
Explanation:
The computation of the liability for unredeemed coupons is shown below:
= (Number of coupons issued × estimated percentage - processed coupons) × coupon worth
= (728,000 coupons × 70% - 265,000 coupons) × $4.30
= 244,600 coupons × $4.30
= $1,051,780
Simply first we determined the number of unredeemed coupons and then multiplied it by the coupon worth
