Jason's mom specifically asked for a cip cast iron pan for her birthday. as jason scanned the stock in two department stores, he found ten different brands, none of which were cip. when he found cip in a kitchen specialty shop, he was challenged to tell the difference between his mom's choice and the others. in his business class, he learned about where many sellers may be offering very similar products. through various means, each seller differentiates his product from the competition.
a) oligopolistic competition
b) limited competition
c) perfect competition
d) monopolistic competition

Prepare the operating activities section—indirect method.(lo 4), apthe income statement of paxson company is presented here.paxson companyincome statementfor the year ended november 30, 2014sales revenue $7,600,000cost of goods sold beginning inventory$1,900,000 purchases4,400,000goods available for sale6,300,000 ending inventory1,600,000total cost of goods sold 4,700,000gross profit 2,900,000operating expenses selling expenses450,000 administrative expenses700,0001,150,000net income $1,750,000additional information: prepare the operating activities section—indirect 1. accounts receivable decreased $380,000 during the year, and inventory decreased $300,000.2. prepaid expenses increased $150,000 during the year.3. accounts payable to suppliers of merchandise decreased $350,000 during the year.4. accrued expenses payable decreased $100,000 during the year.5. administrative expenses include depreciation expense of $110,000.instructionsprepare the operating activities section of the statement of cash flows for the year ended november 30, 2014, for paxson company, using the indirect method.net cash provided $1,940,000