D for sure is the correct answer
The amount reported in the Cash Flows from (used for) Operating Activities section of the statement of cash flows using the indirect method is $7,600.
<h3>Cash flow from operating activities sections:</h3>
Based on the information given the amount that will be reported in the Cash Flows from (used for) Operating Activities section of the statement of cash flows using the indirect method is the gain amount of $7,600.
This gain is the gain from selling office equipment and this amount must be deducted from net income in the operating activities section of the statement of cash flows.
The reason why we have to deduct the $7,600 is because under accrual basis of accounting the amount represent a noncash addition to net income.
Inconclusion the amount reported in the Cash Flows from (used for) Operating Activities section of the statement of cash flows using the indirect method is $7,600.
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Answer:
C) 30.8
Explanation:
The operations manager will determine the factor-rating score by the weighted average of all factors' scores.
Factor A - weight: 0.50; score: 30
Factor B - weight: 0.20; score: 46
Factor C - weight: 0.30; score: 22
The factor-rating score is:
The factor-rating score for Ling Services is 30.8.
Answer: C) dynamic; defensive
Explanation:
There are two types of open market operations: dynamic open market operations are intended to change the level of reserves and the monetary base, and defensive open market operations are intended to offset movements in other factors that affect the monetary base.
These are the open market operations.
Open market operations are the primary means of implementing monetary policies where Government controls the supply of money in an economy. Here the Government controls the liquidity of banks, interest rates, inflation rates and exchange rates.
Answer:
eliminated due to firms entering the industry
Explanation:
In the long run , monpolistically competitive firms earn zero economic profit due to entry of firms into the industry.
A monpolistically competitive firm has low barriers to entry and exit of firms. In the short run when monpolistically competitive firms earn economic profit, firms enter into the industry in the long run and economic profit would be wiped out.
Other features of monpolistically competitive firms are:
1. They sell differentiated products
2. They set the prices for their goods and services
3. They have a downward sloping demand curve.
