Answer:
Explanation:
The computation of the amount that is reported as a total current assets is presented below:
Clear Co's
Current assets
Cash $40,000 ($50,000 - $10,000)
Accounts Receivable $20,000
less-Allowance for doubtful debts - $5,000
Deposits from customers $3,000
Merchandise Inventory $7,000
Unearned rent $1,000
Investment in trading debt securities $2,000
Total amount $68,000
Answer:
decrease
Explanation:
As depreciation expense increases, income, taxes, and cash flows will all decrease.
Pls mark brainliest
Price ceiling is nonbinding when price is set above the equilibrium price.
<h3>What is price ceiling?</h3>
Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price. When it is set above equilibrium price, it is nonbinding. When price is nonbinding, it is not effective.
To learn more about a price ceiling, please check: brainly.com/question/24312330
The difference is that they all not the same thing and they work different times and everything else
Public goods are commodities or services that benefit all members of society, and which are often provided for free through public taxation. Public goods are the opposite of private goods, which are inherently scarce and are paid for separately by individuals.