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3 years ago

8

Rick Corporation’s Accounts Receivable decreased by $25,000 during the year. What is the adjustment to the cash flow statement w

hen it’s prepared by the indirect method?

1 answer:

viva [34]3 years ago

7 0

The correct answer is "Add the decrease to the net income in operating activities."

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Sex roles are portrayed stereotypical

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2 years ago

In the fictional country of Dirian the economics statistics department has been busy calculating the price index for a basket of

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Answer:

Inflation refers to the general rise in price levels of goods and services in an economy.

$Inflation = \frac{CPI in current year - CPI in previous year}{CPI in current year} *100$

2014 Inflation;

$Inflation = \frac{104.7 - 100}{100} *100\\= 0.047$

= 4.7%

2015

$Inflation = \frac{109.3 - 104.7}{104.7} *100\\\\= 0.0439$

= 4.39%

2016

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= 3.48%

2017

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3 years ago

A study found that, among addicted smokers, a 10 percent increase in the price of cigarettes resulted in a 2 percent decrease in

trapecia [35]

Answer:

inelastic PED

Explanation:

Price elasticity of demand (PED) is the proportional change in quantity demanded of a good or service if the price changes by 1%. The PED is calculated by dividing the percentage change in quantity demanded by the negative percentage change in price.

PED = -2% / -10% = 0.2 inelastic

If PED > 1, elastic demand

If PED < 1, inelastic demand

If PED = 1, unitary demand

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