Answer:
the amount of the operating cash flow using the top-down approach is $4.500
Explanation:
operating cash flow using the top-down approach
operating cash flow =Sales- increase cash expenses -increase in tax
=16000-10000-(24500-23000)
=$ 4500
Note:increase cash expenses and increase in tax are cash outflow . Depreciation has not been considered as it is a non cash expenditure.
B. False
Institutional advertising does not attempt to sell anything directly. It is type of advertising intended to promote company, business, institution or other similar entity.
The answer is A. programming
Answer:
Journal entry.
Debit creditors account with $15,000 and credit company's sales account with $15,000
Being quarterly journal subscription paid in advance last year.
Explanation:
The advance subscription payments customers are taken as creditors of the company. The company owes them the service of mailing the quarterly journals to them. The total creditors payment ($45,000) will be recorded as credit entry in the books of the company's creditors account and as the company discharges the liability, the amount is passed to debit side of the creditor's account. We assume equal quarterly subscription amount, which will result in $15,000 for each quarter in a year.
Tax breaks, loans, and guaranteed high prices are examples of subsidies protectionism.
<u>What is Protectionism?</u>
Protectionism refers to government policies that help to boost domestic industries while restricting international trade. The objective of protectionist policies is usually to improve the economic conditions within a domestic economy. The protectionist policies can also be implemented for improving the quality of products or safety concerns. There are different protectionist policies and tools that a government can use to implement and improve economic activity such as tariffs, product standards, import quotas, and subsidies.
Therefore, tax breaks, guaranteed high prices, and loans are examples of subsidies protectionism.
You can learn more about Protectionism at brainly.com/question/28161107
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