The Black Corporation has provided the following information: Net income $ 560,000 Increase in prepaid expenses 14,000 Amortizat
ion of discount on bonds payable 10,000 Decrease in accounts payable 20,000 Increase in inventory 21,000 Dividends declared 39,000 Dividends paid 36,000 Increase in accounts receivable 30,000 Increase in wages payable 16,000 Increase in deferred tax liability 41,000 Required: Determine the cash flow from operating activities using the indirect method of cash flow statement presentation.
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The production possibility curve shows the different combination for output that can be produced from the resources and technology.
<h3>What is a PPC?</h3>It should be noted that a PPC is simply a graph that's used to show the different combination for output that can be produced from the resources and technology.
In this case, the points show how much of the goods van be produced. Point E means underutilization.
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