Answer:I would say the answer is C.
Explanation:
Answer:
Socially responsible funds are distinguished from other mutual funds because they invest only in companies that meet specified moral, ethical or environmental standards.
Explanation:
Socially responsible funds are mutual funds that follow the criteria of Socially Responsible Investing (SRI). SRI is an investment strategy that consists on choosing the companies in which to invest the money considering not only financial return, but also the social or environmental impact and appreciating good management.
Answer:
The beginning balance in accounts receivable was: $47,500
Explanation:
Sales reported on the income statement were $385,500, Accounts receivable increased of $385,500 during the period.
Sales, adjusted to a cash basis using the direct method on the statement of cash flows, were $359,000. The company collected $359,000 from the sales. Accounts receivable decreased of $359,000 during the period.
The beginning balance in accounts receivable = The ending balance of accounts receivable + Accounts receivable decreased during the period - Accounts receivable increased during the period = $74,000 + $359,000 - $385,500 = $47,500