1. Net income for 2019 was $134,700. 2. Cash dividends of $74,650 were declared and paid. 3. Bonds payable amounting to $49,300 were redeemed for cash $49,300. 4. Common stock was issued for $50,100 cash. 5. Depreciation expense was $23,600. 6. Sales revenue for the year were $977,800. 7. Land was sold at cost, and equipment was purchased for cash.

Prepare a statement of cash flows for 2019 using the indirect method.

answer; measurable outcome;

answerthere are 5 cte courses that you take;

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.