The following schedule relates the income statement with cash flows from operating activities, derived by both the direct and indirect methods. the amounts for income statement elements are missing. cash flows from operating activities income statement indirect method direct method net income $ ? adjustments: sales $ ? decrease in accounts receivable 14 cash received from customers $ 644 cost of goods sold ? increase in inventory (28 ) decrease in accounts payable (41 ) cash paid to suppliers (447 ) salaries expense ? increase in salaries payable 15 cash paid to employees (40 ) depreciation expense ? depreciation expense 21 (not reported—no cash effect) insurance expense ? decrease in prepaid insurance 22 cash paid for insurance (18 ) loss on sale of land ? loss on sale of land 18 (not reported—no cash effect) income tax expense ? increase in income tax payable 18 cash paid for income taxes (38 ) net income $ ? net cash flows from operating activities $ 101 net cash flows from operating activities $ 101 required: deduce the missing amounts and prepare the income statement.

The cost of capital: introduction the cost of capital: introduction companies issue bonds, preferred stock, and common equity to aise capital to invest in capital budgeting projects. capital is』necessary factor of production and like any other factor, it has a cost. this cost is equal to the select the applicable security. the rates of return that investors require on bonds, preferred stocks, and common equity represent the costs of those securities to the firm. companies estimate the required returns on their securities, calculate a weighted average of the costs of their different types of capital, and use this average cost for capital budgeting purposes. required return on rate: when calculating om operations when the firm's primary financial objective is to select shareholder value. to do this, companies invest in projects that earnselect their cost of capital. so, the cost of capital is often referred to as the -select -select and accruals, which a se spontaneously we hted average cost of capital wa c our concern is with capital that must be provided by select- 쑤 interest-bearing debt preferred stock and common equity. capital budgeting projects are undertaken, are not included as part of total invested capital because they do not come directly from investors. which of the following would be included in the caculation of total invested capital? choose the response that is most correct a. notes payable b. taxes payable c retained earnings d. responses a and c would be included in the calculation of total invested capital. e. none of the above would be included in the cakulation of total invested capital.

Which of the following constitute the types of unemployment occurring at the natural rate of unemployment? a. frictional and cyclical unemployment. b. structural and frictional unemployment. c. cyclical and structural unemployment. d. frictional, structural, and cyclical unemployment.

Which best describes what financial planning skills ultimately enable an individual to do? to prepare for the future to determine lifetime income to determine the cost of living to learn from the past