Answer:
In 2018 income from continuing operations.
Explanation:
A variation in the accounting forecast impacts present and future periods and is not accounted for by repaying earlier periods. The adjustment in the warranty cost estimate is based on new information gained from experience which counts as an adjustment in the accounting estimate. The accounting change is part of continuing operations but is not recorded net of taxes.
Therefore first option is correct
The nation’s <u>deficit rose </u>greatly as<u> inflation</u> and <u>unemployment</u> <u>fell</u> was an economic concern that was related to the achievement described in the passage.
<h3>What were the economic concerns in the passage? </h3>
The passage explains that with the fall in tax revenue of the government and higher spending on<u> employment programs</u>, the federal deficit started to rise.
However, after some years, it could be seen that many businesses gained growth from government spending and created jobs with decreasing inflation rates.
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Answer:
The amount reported in the Cash flows from operating activities is - $7,000.
Explanation:
Cash flow from Operating Activities under indirect method reconciles the <em>Operating Profit</em> to the <em>Operating cash flows</em> by making adjustments on Operating Profit for non-cash items previously added or deducted from it as well as changes in working capital.
The gain was previously added to reach Operating Profit there, this is deducted to arrive at Operating Cash flow figure since the gain on sale is a non-cash item.
The amount reported in the Cash flows from operating activities is - $7,000.
Procyclical fiscal policies, like those of many US state and local governments, have the tendency to make recessions or inflation worse.
In order to affect economic conditions, particularly macroeconomic recessions conditions, fiscal policy refers to the use of government spending and fiscal policies tax policies. These include employment, the total demand for goods and services, inflation, and economic expansion.
In order to boost demand and stimulate the economy during a recession, the government may reduce tax rates or increase spending. As an fiscal policies alternative, it might increase rates or reduce spending to slow down the economy and fight inflation.
Comparing fiscal policy to monetary policy, which is implemented by recessions central bankers rather than elected government officials, is common practice.
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The more debt used, the greater the leverage a company employs on behalf of its owners.
<h3>
What is financial leverage?</h3>
Financial leverage exists as the usage of borrowed money (debt) to finance the purchase of assets with the anticipation that the income or capital gain from the new asset will surpass the cost of borrowing.
<h3>What is financial leverage example?</h3>
An example of financial leverage use contains utilizing debt to buy a house, borrowing money from the bank to begin a store, and bonds issued by companies.
Debt exists as an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another group, the creditor. Debt stands for deferred payment, or sequence of payments, which distinguishes it from an immediate purchase.
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