Modern Movables Corporation is a Virginia-based manufacturer of furniture. In a recent quarter, it reported the following activities: Net income $ 4,535 Purchase of equipment 911 Borrowings under line of credit (bank) 1,457 Proceeds from issuance of common stock 15 Cash received from customers 29,564 Payments to reduce notes payable (long-term) 50 Sale of investments 138 Proceeds from sale of equipment 6,994 Dividends paid 281 Interest paid 94
Based on this information, present the cash flows from investing and financing activities sections of the cash flow statement.
Answers: 1
Business, 22.06.2019 06:40, jordenv00
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.
Answers: 2
Business, 22.06.2019 19:00, bussbhsvssu557
The market demand curve for a popular teen magazine is given by q = 80 - 10p where p is the magazine price in dollars per issue and q is the weekly magazine circulation in units of 10,000. if the circulation is 400,000 per week at the current price, what is the consumer surplus for a teen reader with maximum willingness to pay of $3 per issue?
Answers: 1
Modern Movables Corporation is a Virginia-based manufacturer of furniture. In a recent quarter, it r...