Two years ago, Bethel, Inc. bought $47,500 in bonds from another company. This month, it sold half of those bonds for $22,040 an
d purchased the common stock of another company for $1,700. On the statement of cash flows for this accounting period, Bethel would report a net cash: Multiple Choice
a. inflow of $22,040 from investing activities.
b. outflow of $20,340 from investing activities.
c. outflow of $22,040 from investing activities.
d. inflow of $20,340 from investing activities.
Allura’s Little Robotics Company sells Good S in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $62 per unit.
Rare resources are unique resources that is not controlled or possessed by many competing firms. Only a small number of competing companies control it. It usually stands out by being distinctive among the set of future competitors. Rare resources are short in supply and capable of persisting over an extended time, this makes it a source of competitive advantage for a company.
