Answer:
a. rise; rise
Explanation:
When demand is increased the demand curve shift to the right. In the short run supply curve has not adjusted so it will intersect demand curved at new equilibrium point with higher price and higher quantity (price)
Answer:
informative business report
Explanation:
The type of report that states the number of sell-able parts a business has at a given time is known as the business informative business report. informative business report carries vital information that states the sell able parts i.e it contains what products and service a business is on offer at a given time. it could also contain information pertaining to expenses made in the business as well. an informative business report is generally used to pass information within the company and also to the outside world about how well and what products and services are on offer
Answer:
d. $52,100
Explanation:
Operating activities: It includes those transactions which affect the working capital after net income. The increase in current assets and a decrease in current liabilities would be deducted whereas the decrease in current assets and an increase in current liabilities would be added.
These changes in working capital would be adjusted. Moreover, the depreciation expense is added to the net income
The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:
Cash flow from Operating activities - Indirect method
Net income $46,300
Adjustment made:
Add: Decrease in accounts receivable $2,200 ($23,800 - $21,600)
Add: Increase in accounts payable $3,600 ($24,500 - $28,100)
Total of Adjustments $5,800
Net Cash flow from Operating activities $52,100
The statement in the question is : FALSE
<h3>What is a step-variable cost ?</h3>
A step variable cost is a type of cost that varies with the level of activity, but is incurred at discrete points and it involves large changes. Hence If the steps in a step-variable cost behavior pattern are large, the step variable cost function cannot be approximated by a variable cost function without loss in accuracy because the variable cost behavior pattern is directly proportional to the variable cost function.
Hence we can conclude that The statement in the question is : FALSE
Learn more about step-variable cost : brainly.com/question/17061986
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<span>It is imperative to have accurate information when completing year end financial statements. If a journal entry and posting for the use of office supplies was omitted in error, the financial statements would not be complete, and the company could possibly lose out on a tax deduction.</span>