Answer:
The statement of cash flows should report net cash provided by financing activities of $265,000.
Explanation:
Cash Flow from Financing activites:
Common stock issued = $200,000
Dividend Payment = ($30,000)
Issuance of note payable = $45,000
Issuance of Bond = <u> $50,000 </u>
Net cash flow = <u>265,000</u>
The statement of cash flows should report net cash provided by financing activities of $265,000.
Answer:
Gross A/R 1,085,000
Allowance<u> (110,000) </u>
Net A/R 975,000
Explanation:
Before allowance for uncollectible accounts:
This means we are asked for the gross accounts receivable:
beginning A/R + net credit sales - collection - write-off accounts:
650,000 + (2,700,000 - 75,000) - 2,150,000 - 40,000 = 1,085,000
Gross A/R 1,085,000
Allowance<u> (110,000) </u>
Net A/R 975,000
Answer: An unrestricted component of net position
Explanation:
Fund balances can be committed, restricted, assigned, and unassigned. The designation of city council has no right to restrict funds.
A restriction of fund can only be imposed through legislation, constitution, or external resource providers, and not by the designation by the city council. In this case, funds would be unrestricted.
Answer:
To the first question: C) C. There has been economic growth in our society.
To the second question: E). Economics.
Explanation:
To the first question:
A is false because there has been several recessions in the past 100 years
B is false because markets have failures, causing the recessions mentioned above.
D is false because there are still poor countries, and the concept of "invisible hand" isn't properly explained
To the second question:
The field of economics is the most accurate description of what the researchers are focusing.
En option A they talk about the monetary variable and status of the GDP (recession is associated as decreasing in GDP)
Option B talks about the markets.
C outright spells "economic"
D "the invisible hand" is a concept invented by Adam Smith, the father of modern economics
