Novak corp. reported net income of $178,150 for 2022. novak corp. also reported depreciation expense of $36,430 and a loss of $5,190 on the disposal of plant assets. the comparative balance sheets show an increase in accounts receivable of $16,500 for the year, a $18,040 increase in accounts payable, and a $3,970 increase in prepaid expenses. prepare the operating activities section of the statement of cash flows for 2022. use the indirect method. (show amounts that decrease cash flow with either a - sign e. g. -15,000 or in parenthesis e. g. (15,

Explanation:

The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:

Cash flow from Operating activities - Indirect method

Net income $178,150

Adjustment made:

Add : Depreciation expense $36,430

Add: Loss on disposal of plant assets $5,190

Less: Increase in accounts receivable -$16,500

Less: Increase in prepaid expense -$3,970

Add: Increase in accounts payable $18,040

Total of Adjustments $39,190

Net Cash flow from Operating activities                $217,340

ans.

heterothermic organisms include those organisms that can switch between homeothermic (having body temperature higher than environment) and poikilothermic (having variation in internal body temperature) strategies.

some migratory birds show heterothermy as they decrease their metabolic rate during cold nights to keep their body temperature low. drop in metabolic rate allows increase in production efficiency of birds that reduces the internal body temperature to make it equal to external cold temperature during cold nights.

thus, the correct answer is 'birds allow their temperature drop in order to increase their production efficiency.'

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.