During 2022, tamarisk, inc. sold equipment with a book value of $139200 for proceeds of $168200. the company purchased new equipment for $371200 by signing a long-term note payable. no other transactions impacted long-term asset accounts during 2022. the investing section of the statement of cash flows will report

Jessica thinks that everyone would be better off if financial institutions stopped issuing credit. which statement accurately supports her argument? people would pay less in interest fees. people would have greater protection in case of emergencies. people would need to save for many years to buy a home or open a business. people would support the economy through purchases of more goods and services.