Company increase money . it's taxes 40 + 40 = 80
Answer:
The cash flow from operating activities was $7,000.
Explanation:
Ending Cash Balance
= Opening Cash Balance + Cash Flow from Operating Activities + Cash Flow from Investing Activities + Cash Flow from Financing Activities
$24,000 = $47,000 + Cash Flow from Operating Activities - $250,000 + $220,000
Cash Flow from Operating Activities = $24,000 - $47,000 + $250,000 - $220,000
= $7,000
Therefore, The cash flow from operating activities was $7,000.
Julio's marginal rate of substitution equals is: 0.38, which is the price of food divided by the price of clothing.
<h3>Marginal rate of substitution</h3>
Using this formula
Marginal rate of substitution=Price of food/Price of clothing
Let plug in the formula
Marginal rate of substitution=$3 per unit/$8 per unit
Marginal rate of substitution=0.375
Marginal rate of substitution=0.38 (Approximately)
Therefore Julio's marginal rate of substitution equals is: 0.38, which is the price of food divided by the price of clothing.
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