Has experienced a decline in economic freedom since 2000.
Most often, they must balance the needs of the stakeholders with the need to make profits
Answer and Explanation:
The preparation of the operating activities section of the statement of cash flows for the year ended December 31, 2020 is presented below;
Cash flow from operating activities
Net income $1,580,000
Add: depreciation expense $58,970
Add: decrease in account receivable $313,770
Less: Increase in prepaid expense -$167,640
Less: Decrease in account payable -$279,000
Less: decrease in accrued expense payable -$124,020
Add: Decrease in inventory $380,000 ($1,880,000 - $1,500,000)
Cash flow provided by operating activities $1,762,080
Answer:
monopolist
Explanation:
Monopolistic competition is a kind of imperfect competition in which specific person or enterprise is the only supplier of a particular commodity.
A monopolist is not very much concerned about the product as customers have no alternatives but to buy that product.
Also, he can change the price or quantity of the product as in an industry he is a single seller .
In the given question, it's given that There is often only one provider of cable television services in each region of the country: Time Warner is in New York, Comcast is in most of New England, and so forth.
So, it would have caused Comcast to become an overly large <u>monopolist</u> with too much power if it buys Time Warner.
Answer:
<em>Taxable Income</em> is the amount that is used to calculate how much tax you owe.