Answer:
$59,900
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Explanation:
<u>Cash flow from Financing activities</u>
Particulars Amount
Cash paid for treasury stock $20,400
Cash dividends <u>$39,500</u>
Net cash used by financing activities <u>$59,900</u>
Answer:
B) Objectives 2 and 3
Explanation:
Accounting controls are procedures that help a company ensure the validity and accuracy of its financial statements.
Therefore, one of the main priorities of accounting controls would be to make sure that accounting records are correct. By ensuring the validity of accounting records, the company's assets are safeguarded, since the possibility of something missing or being incorrectly recorded diminishes.
The "line of visibility?" is:
c. a metaphoric divide between the parts of a service that a guest sees and what they do not see.
It basically is a line that separates front stage and back stage actions.
Answer:
The correct answer is housing.
Explanation:
A family spends 35 percent of its income on housing, 20 percent on travel-related expenses, 10 percent on utilities, 25 percent on health care, and 5 percent on miscellaneous items.
The item which has the largest share in the budget will be most responsive to change in the price. In other words, we can say that the item that has the largest share in the budget will be most price elastic.
This is because a change in the price of such a product will cause a significant impact on the consumer's budget.
Here, housing has the highest share i.e. 35% in the budget so it will be most price elastic.
