Answer:
Explanation:
The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:
Cash flow from Operating activities - Indirect method
Net loss -$16,000
Adjustment made:
Add : Depreciation expense $14,600
Add: Decrease in accounts receivable $24,000
Add: Increase in salaries payable $18,000
Less: Decrease in accrued liabilities -$8,000
Total of Adjustments $48,600
Net Cash flow from Operating activities $32,600
If we are hired by an organization, we would be least hurt by inflation if "the government increases social security retirement payments in anticipation of expected inflation".
<h3>What is
social security retirement payments?</h3>
Benefits from Social Security offer qualified retired adults and those with disabilities, as well as their spouses, children, and survivors, a portion of a replacement income.
To be eligible for benefits, a person must contribute to the Social Security system during their working years and accumulate 40 credits.
The role of social security in protecting against inflation are-
- Because Social Security benefits are adjusted to the Consumer Price Index for Urban Wage Earners and Clerical Workers, it is often assumed that recipients are protected from inflation (CPI-W)
- A cost-of-living adjustment (COLA) is a yearly increase to your benefit that Social Security calculates based on inflation, if any, in addition to any calculations based on your earnings.
- Social Security replaces a percentage of your pre-retirement income based on their lifetime earnings.
To know more about the Consumer Price Index, here
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Answer:
individuals can profit by illegal exchanges.
Explanation:
The closest correct answer is that a black market is most of the time very profitable, because prices tend to be higher than they would be without the black market, and without the price controls.
The reason why black markets emerge when price controls are imposed is because price controls do not allow prices to equilibrate supply and demand, meaning that under a price control, supply falls short of demand, causing scarcity for consumers.
This scarcity can be solved by the black market with higher prices.
Answer:
D
Explanation:
the formals contain different atoms, there for they aren't the same