I believe it’s solicit feedback
The answer to this question is" A portfolio of with a high percentage of stocks.
Stock is considered the most volatile type of investments and considered to has high risk& high return.
The price of stock could change within days and this could either give a really large profit for the shareholders or make shareholders lose their capital badly when the market price of the stock fall down.
This type of investment is perfect for those who are not afraid of risk.
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Answer:
Effect on cash is -21000
Explanation:
Indirect method make adjustment to reconcile the net income to cash. It depends on the account if it is added or subtracted to net income.
In this case,
Accounts Receivable increased are subtracted from net income and Accounts Payable increased are added to net income
Accounts Receivable increased -48000
Accounts Payable increased +27000
Effect on cash is -21000