Can you imagine yourself doing this for the rest of your life? Is this what I’m truly passionate about? Will I be able to life off this income?
Answer: $18,700
Explanation
Net cash provided by the operating activities = $108,000
Add: Net cash provided by the financing activities = $16,000
Less : The net cash used for the investing activities = $118,500
The net increase in Cash will now.be:
= ($108,00 + $16,000) - $118,500
= $5,500
Add: Cash at the beginning of the year. This will be:
= $5500 + $13,200
= $18,700
Ending cash balance will be $18700
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Based on principles of supply and demand:
"a change in supply will cause the equilibrium price to change by <em><u>Increasing</u></em> and the equilibrium quantity to change by <em><u>Decreasing</u></em> with an elastic demand than if demand were inelastic."
This is based on the idea that a change in supply will cause an opposite change in equilibrium price.
For example, an increase in the supply of bread will lead to a decrease in the equilibrium price of bread to ensure that consumers can buy more bread and consumed the supply.
In turn, as the equilibrium price of bread decreases, this would lead to an increase in the quantity demand.
Hence, in this case, it is concluded that " a change in supply will cause the equilibrium price to change by <em>Increasing</em> and the equilibrium quantity to change by <em>Decreasing</em> with an elastic demand than if demand were inelastic."
Learn more here: brainly.com/question/17928482