Because they hate math and money
Answer:
$125,000
Explanation:
Given
net income = $115,000
Decrease in accounts receivable = $40,000
Payment of interest = $20,000
Increase in prepaid assets = $10,000
Bought equipment = $4000
Net inflow of cash from operating activities = $115,000 + $40,000 - $20,000 - $10,000
= $125,000
The purchase of equipment is a part of financing activities and as such is not considered in the computation of the net inflow of cash from operating activities.
Answer:
A. the world experienced little to no growth until the industrial revolution, after which all of the world's economies began to experience real economic growth.
Explanation:
As we know it was the industrial revolution which provided the economic growth to the economy, as before that people believed majorly on barter system and there was no record of profit on such.
The individual earnings and growth came because of industrial revolution which provided jobs to huge number of people in an economy.
Since the people started earning by their own whether through jobs or their own businesses, there was a great urge to work and earn in all those who were not willing to earn.
This basically helped the economy to see the growth of individuals.
Its is likely The Maturity Stage
Answer:
True.
Explanation:
Consumer Credit Protection Act is a law of United Stated which was enacted in 1968. This act protects the consumer against the lenders. This law set out how credit is managed on the purchases of consumer.
National City Bank has confused Simone by briefing about several mortgages and penalties of the loan. Simone is unable to identify whether mortgage loan is better option or she should consider other banks. This has violated the Consumer Credit Protection Act.