Answer:
A. The quantity demanded for bread will decrease , quantity supplied will increase
Explanation:
PRICE FLOOR is the minimum mandated price set by government , usually above equilibrium price , to ensure producers' protection (if market price is perceived to be low) . EG : Minimum Support Price for agricultural products to protect farmers .
However at this raised price : There is Excess Supply , as Quantity Supplied increases with price increase (law of supply - price & supply direct relationship) , Quantity Demanded falls (law of demand - price & demand inverse relationship)
The answer is to adjust plans very often
There is negative cash flow of $685 in the case given as the total amount of cash disbursements was $7,847 and the cash receipts $7,162 for services rendered. Hence, the correct option is negative cash flow.
<h3>What do you mean by cash flow from
operating activities?</h3>
Cash flow from operating activities (CFO) shows the quantity of cash an organization brings in from its ongoing, everyday commercial enterprise activities, together with production and promoting items or presenting a service to customers.
The missing information in the question is:
Multiple Choice:
negative cash flow.
positive disbursement.
bad debt allowance.
tax credit payment.
Hence, There is negative cash flow of $685 in the case given as the total amount of cash disbursements was $7,847 and the cash receipts $7,162 for services rendered. The correct option is negative cash flow.
learn more about cash flow from operating activities here:
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The step involves identification of ethical issues.
Answer:
$99,800
Explanation:
The statements of cash flows show cash inflows and out flows from the business activities which are recognized as operating, investing and financing activities.
When an asset is sold, the amount received from the sale of the asset is recognized as an inflow in the investing section of the cash flow statement.
The gain/loss from the sale would have been treated in the operating section based on the effect it had in the income statement while computing the net income of the company.