The accounting records of Eastlake Industries provided the data below. Net income $ 300,000 Depreciation expense 15,000 Increase
in inventory 2,000 Increase in accounts receivable 1,400 Decrease in interest payable 1,600 Amortization of bond premium 3,000 Increase in accounts payable 7,000 Cash dividends paid 20,000 Required: Prepare a reconciliation of net income to net cash flows from operating activities.
The government of Cashland government<em> should approach toward achieving economic goals.</em>
At the beginning economic goals should be achieved by the capitalist (capitalist is a person who starts an organisation or a business by investing his or her money).
But if the capitalist goes through the current pressures, then the capitalist should be advised to adopt a more socialist approach when he or she faces the situation again in the up-coming time.
