Answer:
Company ZYX cash flow from Operating Activities using the indirect method are given below.
<em>Cash flow from operating activities</em>
Net INCOME BEFORE TAXES $ 190,000
Adjustment For
Gain(Loss) on sale of Equipment $ 30,000
Other Income/(Expense) ($ 46,000)
Working capital changes 0
Net cash from operating activities $ 174,000
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Answer:
Technical profession is a highly skill based profession in which a practical knowledge is required.Example:engineering in civil,mechanical,computer e.t.c.
The correct answer to the given question is that the trade deficit would increase since with the appreciating pound means <em>more goods will be imported</em> from New Zealand.
Based on the given question, we are asked to show the effects of the trade deficit between New Zealand and UK based on the appreciation of the pound sterling relative to the New Zealand dollar.
With this in mind, we are aware that when there is a strong domestic currency, then it would encourage more imports and hamper exports, therefore, the trade deficit will increase, since an appreciating pound means more goods will be imported from New Zealand.
Therefore, the correct answer is option D
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