One problem with the use of the polygraph to detect lying is that the test
1 answer:
You might be interested in
Answer:
IKIBAN INC.
Statement of cash flow using indirect method for
the year ended June 30, 2019
Particulars Amount $
Cash flow from operating activities
Net Income 145,510
<em>Adjustments to reconcile net income to net</em>
<em>cash provided by operating activities </em>
<u>Adjustment for non cash effects</u>
Depreciation 81,600
Gain on sale of equipment -4,300
<u>Change in operating assets & liabilities</u>
Increase in accounts receivable -25,500
Decrease in inventory 34,200
Decrease in prepaid expenses 3,300
Decrease in accounts payable -16,500
Decrease in wages payable -11,300
Decrease in income taxes payable <u>-2,700 </u>
Net cash flow from operating activities (A) 204,310
Cash Flow from Investing activities
New equipment purchased -80,600
Equipment sold <u>12,300</u>
Net cash Flow from Investing activities (B) -68,300
Cash Flow from Financing activities
Cash dividends paid -162,310
($31,000 + $145,510 - $14,200)
Common stock issued 83,000
Notes payable paid <u>-30,000</u>
Net cash Flow from Financing activities (C) -109,310
Net Change in cash = A+B+C $26,700
($204,310 - $68,300 - $109,310)
Beginning cash balance <u>$67,000</u>
Closing cash balance <u> $93,700</u>
Answer:
This statement is false.
Explanation:
The change in the equilibrium price due to a change in in an increase in both demand and supply cannot be predicted without knowing the magnitude of the increase.
If the proportionate increase in the demand is greater than the increase in supply, the equilibrium price will increase.
If the proportionate increase in the supply is greater than the increase in demand, the equilibrium price will decrease.
If the increase in demand is proportionately equal to the increase in supply, the equilibrium price will remain the same.
