Tofu gets more expensive at Safeway/Vons in Laguna Nigel, California, in 2008. This indicates that b. even if tofu were included in the CPI in 2008, it would only make a little effect in the average weighted price of food and beverages.
Because food and beverages are a tiny component of the CPI, this is unlikely to have a significant impact on the overall CPI. A consumer price index (CPI) is a price index that assesses the cost of a market basket of consumer goods and services purchased by households. Variations in the measured CPI reflect changes in prices throughout time.
A CPI is a statistical estimate based on the prices of a representative sample of items whose prices are regularly gathered. Sub-indices and sub-sub-indices for various product and service categories and sub-categories can be computed and aggregated to form the overall index, with weights representing their share of total consumer expenditures covered by the index.
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Correct question:
Tofu becomes more expensive in 2008 at Safeway/Vons in Laguna Nigel, California. This means:
A. the CPI will almost certainly rise in 2008, even if Laguna Nigel is not included in the index, as long as tofu is included and becomes more expensive on average at the other locations.
B. tofu, even if included in the CPI in 2008, would make a small difference on the average weighted price of food and beverages. Food and beverages only constitute a small portion of the CPI, and hence, this would be unlikely to affect the overall CPI by any significant amount.
C. the consumer price index (CPI) will rise in 2008 if, and only if, Laguna Nigel is one of the considered 38 geographic locations and tofu is one of the 8,000 goods included in the CPI.
D. the CPI might rise or fall (in 2008) and the price of tofu at Safeway/Vons could make a very small difference in the CPI if tofu at Safeway/Vons is included in the index. But because tofu is a relatively large portion of the entire CPI, it is most likely the CPI will rise.
E. the CPI will likely fall (in 2008) if the average weighted price of tofu increases in the United States and the price of tofu at Safeway/Vons makes almost no difference in the CPI.
Excited to buy her dream car, Molly rushes into her local Volkswagen dealership. Molly picks out a
car, sits down at the financing desk, and hears the following:
"Well, we ran your credit history. You've got a really thin file -- just a year's worth of student
loan payments. The deal you saw was for 'well qualified buyers. The best deal we can offer
you is 6.6% for 60 months. A little more bad news -- the cash allowance is also based on
credit history, so you don't qualify for $500. That said, you're excited about a Volkswagen,
and I want to see you driving one, so I can do $400 for you!"
9. Molly still has a $2500 down payment. How much loan does Molly need?
10. How much will Molly's monthly payment be using the Bankrate calculator?
11. How much total interest will molly pay using this plan?
12. How many is the total cost of her car after all together?
9. The amount of loan that Molly needs with a $2,500 down payment is $22,100.
10. Molly's monthly payment is $433.
11. The total interest Molly will pay under this plan is $3,907.
12. The total cost of Molly's car is $28,507.
Loan Amount:Required cash allowance = $500
Qualified cash allowance = $400
Down payment = $2,500 (typically 10% of value)
Total price of car = $25,000 ($2,500/10%)
Loan required = $22,100 ($25,000 - $2,500 - $400)
Interest and Periodic Payment:N (# of periods) = 60 months
I/Y (Interest per year) = 6.6%
PV (Present Value) = $22,100
FV (Future Value) = $0
Results:
PMT = $433.45
Sum of all periodic payments = $26,007
Total Interest = $3,907
Total Cost of the car to Molly:Down payment = $2,500
Total periodic payments = $26,007
Total cost = $28,507 ($26,007 + $2,500)
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Money owed for products and services purchased on credit to be paid at a later date is known as _____.
Accounts Payable
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kati-lyn has to choose between eating chinese food and indian food. both chinese food and indian food cost the same. write dow the equation, where mu is marginal utility and tu is total utility, will lead to the optimal level of consumption?
To determine the optimal level of consumption for Kati-Lyn, we can use the equation MUx/Px = MUy/Py, where MU is the marginal utility and P is the price of the good.
In this case, let's assume that Kati-Lyn has already consumed some amount of Chinese food and Indian food, and we want to know how much more she should consume each.
Let's denote the quantity of Chinese food as X and the quantity of Indian food as Y. Since both Chinese food and Indian food cost the same, we can set Px = Py = 1.
Therefore, the equation becomes:
MUC/P = MUI/P
where MUC is the marginal utility of Chinese food, MUI is the marginal utility of Indian food, and P is the price of both foods.
To find the optimal level of consumption, we need to compare the marginal utility per dollar of each food. Let's say that Kati-Lyn's total utility for Chinese food is TC(X) and her total utility for Indian food is TI(Y). Then, the marginal utilities are:
MUC = dTC(X)/dX
MUI = dTI(Y)/dY
Assuming that Kati-Lyn has some positive amount of both foods, we can rearrange the equation to get:
MUC/MUI = TI'(Y)/TC'(X)
where TI'(Y) is the derivative of Kati-Lyn's total utility function for Indian food with respect to Y, and TC'(X) is the derivative of her total utility function for Chinese food with respect to X.
The optimal level of consumption occurs when the ratio of marginal utilities is equal to the ratio of prices, so we can solve for either X or Y in terms of the other variable. For example, if we solve for X, we get:
\(X = TC'^{-1}(MUI/MUC * TI'(Y))\)
where \(TC'^{-1 }\)is the inverse of Kati-Lyn's total utility function for Chinese food.
This equation tells us how much Chinese food Kati-Lyn should consume for a given level of Indian food consumption Y, based on the relative marginal utilities and prices of the two foods. Similarly, we could solve for Y in terms of X to find the optimal level of Indian food consumption for a given level of Chinese food consumption.
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a borrower received a 30-year arm mortgage loan for $200,000. rate caps are 3/2/6. the start rate is 3.50% and the loan adjusts every 12 months for the life of the mortgage. the index used for this mortgage is mta (for this exercise, 3.00% at the start of the loan, 4.45% at the end of the first year, and 4.50% at the end of the second year). the margin on the loan is 3.00%, which remains the same for the duration of the loan. 1. what is the initial rate (start rate) the borrower will pay during the first year? 2. what is the interest rate the borrower will pay after the first rate adjustment? (hint: remember to use the "stair step method" for determining the new interest rate.) 3. what is the fully indexed rate after the second year? 4. what is the maximum interest rate the borrower will pay during the 30-year term for this loan? 5. if the interest rate is at its maximum, what would the mta index have to be to reach the maximum interest rate?.
The starting or introductory rate is 3.50%. An average commercial real estate loan has an interest rate ranging from 2.2% to 18%.
What is mortgage loan?An average commercial real estate loan has an interest rate ranging from 2.2% to 18%. Your exact interest rate will vary depending on the loan type you select, your borrower requirements, and the kind of building or project you're funding. In conclusion, you can use a business mortgage to fund the purchase of one or more properties that you'll use for business reasons. This could be an office building where your main operations will take place, or it could be an apartment complex designed to produce its own rental income.1. The starting or introductory rate is 3.50%.
2. The borrower will be required to pay 6.50%, which is the result of adding the first adjustment cap of 3.00% and the prior rate of 3.50%. The borrower always receives the lower of the two estimated interest rates, making the fully indexed rate of 7.45% (4.45% (LIBOR index) + 3.00% (margin)).
3. The fully indexed rate is 7.50% after the second year. The current index and the margin are added to determine the fully indexed rate. The index is 4.50%, the margin is 3.00%, and the result is a fully indexed rate of 7.50%.
4. The lifetime ceiling (6.0%) and start rate (3.50%) together set the maximum lifetime rate at 9.50%, which is the highest interest rate that the borrower will pay during the loan's tenure.
5. If the maximum interest rate is 9.50%, the LIBOR index would need to reach 6.50% using the formula FIR = Index + Margin:
Maximum rate: 9.50% =? (LIBOR index) + 3.0% (margin)
Maximum Rate: 9.50% Margin: 3.00% Total: 6.50% (LIBOR index)
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is coke and pepsi a duopoly
Answer:
Rivalry between Coca-Cola and PepsiCo is not a form of warfare: it is a competitive oligopoly. We might even say it’s a duopoly because the two firms control almost the entire market for soda-flavoured colas.
Explanation:
4. You are about to graduate from the MBA program of a leading university. You specialized in management information systems (MIS) and will start a job with a company that commercially develops Web pages. You own a personal computer that is a couple of years old. You have decided to sell it and buy new equipment later after you see what kind of projects your employer has you working on. So you post a flyer on campus bulletin boards about the computer for sale. You have decided not to tell prospective buyers that you hand drive acts as its about to fail and that the computer occasionally crashes without warning. Is this ethical? Would you be likely to do this if you were this particular student?
Answer:
No, this is not ethical.
Explanation:
Ethics is moral principle which governs a person. A person is ethical if he considers benefit for others and his acts or thoughts does not harm anyone. In the given scenario the person is trying to sell his old computer which has many issues. These are not listed in the flyer. If the person does not want to list the issues then he must tell to specific buyer when he comes to buy the computer. He must tell all the faults and problems to the potential buyer.
List three reasons that people should pay their taxes.
Improved Healthcare and Education
A significant chunk of the collected taxes is spent on improving healthcare in the country. There are government hospitals that offer medical services without any cost or at minimum cost. Over the years, the quality of service provided by government hospitals has improved by leaps and bounds, and it has only happened because of taxpayers paying tax.
Helps Build the Nation
The cost of running an entire country, especially one that is as large and populated as ours, is humongous. It is through the taxes we pay that the government can perform civil operations. In other words, without taxes, it would be impossible for the government to run the country.
Avoid Tax Back
When being confronted with back taxes we owe the government, we often think of ways to cut back on it. Well, most tax laws understand the hardships of every taxpayer. Though, tax services are available for those who are delinquent in paying their taxes, which is a helpful opportunity to people who don’t have available money or funds.
Answer:
3 reasons why ppl should pay their darn taxes is because:
Explanation:
Social Welfare Pack. Social welfare and social security are one of the greatest benefits the less privilege, homeless and those in need enjoy without having to pay back. ...
Sustain Government. A tax irrespective of its name is another life source of government sustenance. ...
Avoid Tax Back.
Garry called in a food order to feed his sales team. when he arrived to pick up, it was not what he ordered. the store associate quickly made it right, and offered a substantial discount to make up for the mistake. there was no need to check with the supervisor, and garry was satisfied with the result. what aspect of good customer service was in place
The aspect of good customer service that was in place is employee empowerment.
How does employee empowerment help customer service?When employees are sufficiently empowered to make decisions on their own, they can act faster to remedy issues arising with customers.
This is what happened with the store associate. Because they had to power to deal with Garry's issue fast, there was no need to involve management and the issue was dealt with.
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We _________ afford a new car this year.
should
might
may
can
Which of the following are money market instruments? Check all that apply.
Common stocks
O Treasury bills
O Long-term bank loans
O Commercial paper
Im Certificates
Certificates of deposit
Commercial paper is one of the following money market instruments. Commercial paper is a type of short-term, unsecured debt instrument issued by corporations to fund short-term liabilities.
What is money market?Bank accounts, including time credentials of deposit; interbank loans (loans between banks); money market mutual funds; commercial paper; Treasury bills; and securities lending and repurchase agreements are all examples of money markets (repos). The money market is an economic component that provides short-term funds. The money market specializes in short-term loans of one year or less. Money market funds are widely regarded as one of the most stable investments, as they have low volatility and are less susceptible to market fluctuations. Money funds are also more liquid than other investments with comparable returns, such as CDs, because they allow you to quickly withdraw cash or purchase other investments.To learn more about money market, refer to:
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Amanda works as an accountant at a small-sized firm that sends out multiple invoices daily. She wants to ensure that the firm's invoices have a professional look and format. Further, she wants to customize such invoices with the firm's logo. Which accounting program is most suitable for
Amanda's requirements?
A. OpenOffice Calc
В. QuickBooks
C. NetSuite
D. FreshBooks
E. Intact
Answer:
Netsuite
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The demand for cattle and an increase in railroad construction across the u. S. Contributed most directly to –.
The amount of land available for ranching in West Texas decreased due to the demand for cattle and a rise in railroad development across the United States.
What exactly do you mean by "Texas ranching"?Texas has 248,800 farms and ranches totaling 130.2 million acres, making it the state with the highest production of beef cattle in the nation. Cattle ranching contributes to Texas's culture as well as its economy.
What type of ranching is the most successful?The most profitable and straightforward animal to raise for profit is typically cattle. Simply having adequate pasture, extra hay during the winter, fresh water, immunizations, and lots of space to wander are all that beef cattle need.
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what signs of maturity were shown towards the end of Tall Girl? Movie
Bermuda Cruises issues only common stocks and coupon bonds. The firm has a debt-equity ratio of 0.45. The cost of equity is 17.6 percent. Required: What is the pre-tax cost of the company debt if weighted average costs of the company is 13.5% and the firm's tax rate is 35 percent? (10 marks)
Answer:
The pre-tax cost of the company debt is 6.75%
Explanation:
In order to calculate the pre-tax cost of the company debt if weighted average costs of the company is 13.5% and the firm's tax rate is 35 we would have to use the following formula:
weighted average cost of capital = pretax cost of debt (1 - tax rate) x weight of debt + cost of equity x weight of equity
0.135 = pretax cost of debt (1 - 0.35) x 0.45 / 1.45 + 0.176 x 1 / 1.45
0.135 = pretax cost of debt x 0.201724138 + 0.12137931
(0.135 - 0.12137931) / 0.201724138 = pretax cost of debt
6.75% Approximately = Pretax cost of debt
when a listing agent receives several offers on a property within one day, the agent must present the offers to the seller as quickly as is reasonable. the agent will
The correct answer is All purchasers should be informed of the existence of any competing offer(s) by the selling agent.
- You must present all bids if you got more than one for the property. When presenting the current offer to the sellers, you must inform them if you are aware of another offer that will be submitted. Once all parties have signed the purchase agreement, the seller generally cannot accept another offer; however, certain circumstances and state laws may vary. You can mistakenly believe that your offer has been accepted when it hasn't in some circumstances. Sellers have three options: they may accept the "best" offer, let everyone know that there are other offers "on the table," or "counter."
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Teague & Mark, LLP's bank statement for March 31, showed a cash balance of $2,730.
The company's Cash account in its general ledger showed a $863 debit balance. The following information was also available as of March 31st.
a. A check for $100 was returned as NSF by the bank. The bank charged a returned check $25 processing fee.
b. The March 31st cash receipts of $3,428 were placed in the night drop box after the bank closed.
c. A $15 debit memo for checks printed by the bank was included with the canceled checks.
d. Outstanding checks amounted to $2,565.
e. A customer's note for $1,500 was collected by the bank and a collection fee of $25 was deducted.
f. A check for $325 which was drawn on another company was included with the canceled checks.
1. Prepare a bank reconciliation as of March 31st.
2. Prepare adjusting entries.
the factors most responsible for forecasts of the u.s. government debt spiraling out of control in the next half century are the projected:
The factors most responsible for forecasts of the U.S. government debt spiraling out of control in the next half century are the projected aging of the US population.
President Barack Obama established a bipartisan group in 2010 at the height of public debt and deficit worries. The commission's mandate was to stabilize American fiscal policy.
Containing rising health care and pension costs as America's population ages was essential to achieving this. The resulting "Simpson-Bowles" proposal sought to reduce America's debt-to-gdp ratio to roughly 66% by 2020.
A "alternative fiscal scenario" that was prepared by pessimistic staff at the Congressional Budget Office (cbo) demonstrated a "clear threat" of a fiscal disaster if corrective measures were not taken. According to it, by 2022, the debt will be 95% of the GDP. This year's actual percentage will be close to 98%.
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(PLEASE ANSWER FAST!!) (13 POINTS)
If you’re going to school full time, it will usually take you at least _________ to earn 120 hours of study (or around 40 classes that meet three times a week).
A. two years
B. six years
C. four years
D. five years
Answer:
C. four years
Explanation:
hope this helps
Answer:
The answer is C. four years.
Explanation:
Bachelor’s degree: Approximately 4 years of full-time study (120 credit hours)
Cost-volume-profit analysis is the study of the effects of.
Cost-volume-profit analysis simply means the study of the effects of change in costs and volume on the profit of a company.
What is Cost-volume-profit analysis?Cost-volume-profit analysis simply means a way to find out how changes in cost will affect the profit.
Cost-volume-profit analysis is the study of the effects of change in costs and volume on the profit of a company.
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10)
How might a mission statement help Donna with her new
business?
A mission statement can help Donna with her new business by providing clarity and direction for her venture. It serves as a guiding statement that outlines the purpose, values, and goals of the business.
It helps Donna align her decisions, actions, and strategies with the overall mission, facilitating focus and consistency in her business operations. A mission statement is a concise statement that articulates the purpose and core values of a business. It outlines what the business aims to achieve and how it intends to operate. For Donna, having a mission statement for her new business can provide several benefits.
Firstly, it helps Donna define the purpose and direction of her business. It clarifies the reason for starting the business and what it aims to accomplish, providing a sense of focus and clarity.
Secondly, a mission statement helps Donna communicate her business's values and principles to stakeholders, including employees, customers, and investors. It sets the foundation for building a strong company culture and aligning everyone's efforts toward a common goal.
Lastly, a mission statement can serve as a guide for decision-making and strategy development. When faced with choices or challenges, Donna can refer to her mission statement to ensure that her actions align with the overall purpose and values of her business.
A mission statement plays a crucial role in helping Donna with her new business by providing clarity, guiding decision-making, and aligning stakeholders toward a common vision.
In conclusion, a mission statement can significantly benefit Donna in her new business. It provides clarity and direction, communicates values to stakeholders, and guides decision-making and strategy development. By establishing a mission statement, Donna can effectively define her business's purpose and goals, foster a strong company culture, and make informed decisions that align with her business's overall mission. This helps create a solid foundation for success and growth in her new venture.
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XYZ Ltd commenced business on 1st January 2014. On that day, XYZ Ltd bought equipment on credit from CCC Ltd equipment Ltd at P85 000. The equipment will be used for 5 years and the estimated value at the end of the 5 years is P25, 000. Calculate the depreciation for the equipment at 10% for the first three years using the reducing balance method
The total depreciation for the first three years is P17,000 + P13,600 + P10,880 = P41,480.
To calculate the depreciation for the equipment at 10% for the first three years using the reducing balance method, we need to first determine the annual depreciation rate. The annual depreciation rate is calculated by dividing 100% by the number of years the equipment is expected to be used, which in this case is 5 years. Therefore, the annual depreciation rate is 20%.
Year 1:
The depreciation for the first year is calculated by multiplying the opening balance of the equipment (P85,000) by the annual depreciation rate (20%). The depreciation for the first year is therefore P17,000.
Year 2:
The opening balance for the second year is P85,000 - P17,000 (depreciation for year 1) = P68,000. The depreciation for the second year is calculated by multiplying the opening balance (P68,000) by the annual depreciation rate (20%). The depreciation for the second year is therefore P13,600.
Year 3:
The opening balance for the third year is P68,000 - P13,600 (depreciation for year 2) = P54,400. The depreciation for the third year is calculated by multiplying the opening balance (P54,400) by the annual trade depreciation rate (20%). The depreciation for the third year is therefore P10,880.
Therefore, the total depreciation for the first three years is P17,000 + P13,600 + P10,880 = P41,480.
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Mike is an agent making purchasing orders for Tami. Tami passes away before the agency contract is voluntarily ended. Mike has already done most of the work Tami assigned. What result related to the status of the agency? A. Agency is terminated by law. B. Agency is terminated by incapacity C. Agency is terminated by fulfillment. D. Agency is not terminated; terms of the agency must be resolved by Tami's estate.
Answer:
B. Agency is terminated by incapacity.
Explanation:
The agency contract is a legal agreement that is were the first party agrees to the actions of the second party and the power of the agent is bound to the agreements of the principle. The principle is responsible for the agents and running the agency. The termination of the agency is due to the death or the incapacity of the individual or else the agency may be terminated by law.What best describes the main purpose of a budget
Explanation:
A budget helps create financial stability. By tracking expenses and following a plan, a budget makes it easier to pay bills on time, build an emergency fund, and save for major expenses such as a car or home. Overall, a budget puts a person on stronger financial footing for both the day-to-day and the long term.
when an economy produces a good such that the marginal benefit equals the marginal cost, this indicates that
What happens when an economy produces good in a way where marginal benefit equals marginal cost is that resource are allocated efficiently
Basically, when the marginal benefit equals the marginal cost, it shows that the quantity (output) produced is efficient.
Hence, the principle applies to an economy as well because when the total marginal benefit equal marginal cost, it shows that the output is efficient.
In conclusion, what happens when an economy produces good in a way where marginal benefit equals marginal cost is that resource are allocated efficiently.
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It allows you to rent a car while yours is being repaired. a. auto replacement c. personal damage liability b. comprehensive physical damage d. rental reimbursement
Answer:
I'm pretty sure the answer is d
Explanation:
Alternatively, you may pay out-of-pocket for your rental then seek reimbursement from the other insurance company once it completes its investigation.
Answer:
D
Explanation:
An improvement in production technology for a specific good will cause a(n): A) increase in demand and an increase in price B) increase in demand and a drop in price C) drop in price and increase in quantity demanded D) increase in supply and an increase in price
An improvement in production technology for a specific good can lead to various effects on the market demand and supply for the product. However, based on the general principles of microeconomics, we can make some educated assumptions about what might happen in this situation.
When production technology for a specific good is improved, it generally means that the cost of producing the good has decreased. This decrease in production costs can enable producers to supply more units of the good at a lower price than before. As a result, the market supply for the good increases. Therefore, option D, "an increase in supply and an increase in price" seems to be a reasonable choice.
Overall, the specific outcome of an improvement in production technology for a specific good depends on the characteristics of the good and the behavior of consumers in the market. However, based on the principles of microeconomics, we can conclude that option D, "an increase in supply and an increase in price" is the most plausible outcome.
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in order to ensure that inventory stock is kept at a certain level, each store should
Based on Inventory System analysis, to ensure that inventory stock is kept at a certain level, each store should "check stock by hand."
This is because checking stock by hand allows the business to manually measure all the inventory that firm currently has at that given time. This method measures the amount of inventory that remains.
By checking stock by hand, the business firms can quickly determine the levels of inventory that need to be maintained, the time stock should be replenished, and how large orders should be.
Hence, in this case, it is concluded that the correct answer is "check stock by hand."
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Laurel’s lawn care limited has a new mower line that can generate revenues of $120,000 per year. Direct production costs are $40,000, and the fixed costs of maintaining the lawn mower factory are $15,000 a year. The factory originally cost $1 million and is being depreciated for tax purposes over 25 years using straight-line depreciation. Calculate the operating cash flows of the project if the firm’s tax bracket is 25%.
From the given information, if the firm’s tax bracket is 25%, the operating cash flows of the project is $58750
Revenues = $120,000
Direct cost = $40,000
Fixed cost = $15,000
Gross Profit = Revenues - Direct cost - Fixed cost
= 120000 - 40000 - 15000 = $65,000
Depreciation = 1000000/25 = $40000
Profit before tax = 65000 - 40000 = $25000
Tax expense = 25000 × 0.25 = $6250
Profit after tax = 25000 - 6250 = $18750
Add Depreciation = 40000
Operating cash flows = Profit after tax + Depreciation
=18750 + 40000 = $58750
A key indicator of how financially successful a company's fundamental business operations are is operating cash flow.The first line of a cash flow statement, which also contains cash from investment and financing operations, shows operating cash flow.On a cash flow statement, operating cash flow can be shown using either the direct technique or the indirect approach.In the indirect technique, non-cash items are first added back to net income from the income statement to get a cash basis figure.The cash basis for all transactions is tracked using the direct method, which records actual cash inflows and outflows on the cash flow statement.Learn more about Operating cash flows, here
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Why can communicating with someone with a different background than yours present challenges?
An investor does not wish to attempt to time the market, so she invests $300 each month into the GEMCO Growth Fund. Over the past 5 months, her purchase prices have been $10, $12, $15, $20, and $25. On the basis of this information, if she were to stop investing at this point and sell her shares 2 months from now when the NAV is $15 per share and the public offering price is $15.79, it would be CORRECT to state that her A) average cost per share was $16.40 B) proceeds were $15.79 per share C) cost basis for tax purposes was $14.71 D) realized loss would be $1.40 per share
Answer:
It would be 4(67)+ 56-
Explanation: