Answer:
Cash flows for the first 7 years are negative
Explanation:
When considering cash flows in a business activity or a transaction, it can either be positive or negative cash flow.
Negative cash flow is when the individual or business entity gives out cash to fund a business activity.
Positive cash flow is when cash flows inward from a business activity.
In this scenario Tory invested $600 in the first 3 years and an additional $700 for four years. Cash is going out so this is a negative cash flow within 7 years.
Tory withdrew $1,500 in year 9 and the rest of the investment in year 11. This is a positive cash flow.
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The rate of increase for these automobiles between the two time periods is <span>75 percent.
Below is the solution:
</span><span>($28,000 – $16,000) / $16,000 = .75 (75 percent)</span>
Answer:
cash income paid to a day laborer that is not reported to the tax authorities
Explanation:
GDP stands for Gross domestic product. It is the monetary value of all finished goods and services made within a country during a specific period.
It is calculated as GDP = private consumption + gross investment + government investment + government spending + (exports – imports).
Hence, cash income paid to a day laborer that is not reported to the tax authorities will not be included in GDP