Use reputable, authoritative, unbiased sources for your statistics
Answer:
Explanation:
1. Kyoko gets a new video camera made in the United States: included in Consumption (C) account of the GDP
2.Jacques buys a bottle of Italian wine: included in Imports (M) account of the GDP because it is consumed in U.S soil but not produced there.
3.The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore: included in government purchases (G) account of the GDP because repaves are paid by the state of Pennsylvania.
4.Kyoko's father in Sweden orders a bottle of Vermont maple syrup from the producer's website: included in exports (X) account of the GDP because it produced in the U.S soil.
5. Jacques's employer upgrades all of its computer systems using U.S.-made parts: included in the Investment (I) account of the GDP because it is capital expenditure.
C. Restate the objection. Exchanging "price" for "value".
Answer:
$146,000
Explanation:
Net income $120,000
Add: depreciation expenses $6,000
Increase Accounts Receivable 10,000
Decrease Accounts Payable 15,000
Less $5,000
(increase Accounts Receivable 10,000-
decrease Accounts Payable 15,000)
Net cash $146,000
Therefore the amount that Liberty should report as net cash provided by operating activities in its statement of cash flows for the year will be $146,000
