Gascony co. had the following activities during the current year:
acquired 2,000 shares of the common stock of garmisch, inc. (classified as available-for-sale), for $26,000.
sold common stock of gastineau motors (classified as available-for-sale) for $35,000 when the carrying amount was $33,000.
acquired a $50,000, 4-year certificate of deposit from a bank. (during the year, interest of $3,750 was paid to gascony.)
collected dividends of $1,200 on stock investments.
in gascony's current-year statement of cash flows, net cash outflow for investing activities should be

a. $37,250
b. $39,800
c. $38,050
d. $41,000

Self-interest achieve society’s economic goals because producers know which goods consumers want the most. as consumers and producers exercise their freedom to act in their own self-interest, markets will produce the desired goods at the lowest possible cost. consumers and producers both operate based on society’s economic goals. consumers know which goods can be produced at the lowest cost. there is a wide variety of desired goods and services in a market system because producers determine what to produce. consumers change their minds frequently. there is always a need to produce something new and improved. individual wants are diverse. what is produced is ultimately determined by consumers, because if the goods offered are not what consumers want, consumers will not buy them. producers, because they are driven by profits. producers, because they determine what to produce. consumers, because they participate in marketing surveys.

Consider two similar industries, portal crane manufacturing (pcm) and forklift manufacturing (flm). the pcm industry has exactly three incumbents with annual sales of $800 million, $200 million and $100 million, respectively. the flm industry has also exactly three incumbents, with annual sales of $500 million, $450 million and $400 million, respectively. which industry is more likely to experience a higher level of rivalry?

Effective capacity is the: a. capacity a firm expects to achieve given the current operating constraints. b. minimum usable capacity of a particular facility. c. sum of all the organization's inputs. d. average output that can be achieved under ideal conditions. e. maximum output of a system in a given period.