When you get hired for a well-paying job, you will most likely view older used cars as<u> inferior goods.</u>
<h3><u /></h3><h3><u>What are inferior goods?</u></h3>
As consumer income rises, customer demand declines for a class of inferior goods. Low-cost alternatives to "normal products," or necessities like food and household supplies, are frequently found in inferior goods. For instance, when someone's wage is cut, they might buy cheaper, poorer things than they would otherwise. When their earnings increases again, they're more likely to buy regular things rather than cheap ones.
The word "inferior" refers to the product's price and perceived worth rather than its quality. The quality may occasionally be inferior to an equivalent standard good, but it may also occasionally be the same. In reality, there are occasions when the only distinctions between regular goods and equal substandard goods are the packaging and price of the goods.
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Answer:
Net Income 193,000
Non-monetary terms:
Depreciation expense 25,000
amortization expense 10,000
gain on disposal <u> (7,000) </u>
Adjusted Income 221,000
Change in Working Capital:
Increase in A/R (27,000)
Decreasein Inv 17,000
Increase in Prepaid (5,000)
Increase Accrued /P 11,000
Decreasein A/P (6,000)
Change In Working Capital (10,000)
From Operating Activities 211,000
Investing
Sale of Equipment 47,000
Financing
Bonds Issued 60,000
Cash Flow 318,000
Beginning Cash 99,000
Cash Flow 318,000
Ending Cash 417,000
Explanation:
We first remove the non.monetary concetps from the net income.
Then we adjust for the change in working capital which are the incrase and decrease in the current assets and liabilities account
Increase in asset and decrease in liabilities represent cash outflow
while the opposite is true when an asset decrease(convert to cash) or a liablity increase (delay of the payment)
I believe the answer is 'D. Additional Taxes'
Hope this helps.
The specific construction measurement used as an indicator for the health of the economy in the United States is housing starts.
<h3>
What is housing starts?</h3>
The phrase "housing starts" refers to the beginning of building a new residential dwelling.
A crucial economic indicator frequently observed by players in the financial markets, new housing is a high-ticket capital product that encourages extra consumer expenditure on furnishings and appliances.
Based on a poll of homebuilders that is partially funded by the U.S., the U.S. Census Bureau publishes estimates of U.S. housing starts on the 12th business day of every month. Urban Development and Housing Department.
A count of building permits collected from a separate survey of building permit offices are also included in the New Residential Construction report along with information on housing completions.
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The answer is false is is harder to move up because of racism and not wanting women to lead
