Answer:
the answer is the first sentence and the last
Explanation:
The three objectives of monetary policy are :
-controlling inflation
-managing employment levels
-maintaining long term interest rates.
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Answer: Statement A
Explanation: Direct cost are those costs which are variable in nature and can be allocated to the total units of output produced, these are easily traceable. Examples - direct material, direct labor and piece rate wages etc.
Indirect costs are those cost which cannot be allocated to the number of units produced on individual basis unlike direct cost these costs can be either fixed or variable in nature. Examples - rent expenses, administrative expenses.
.
From the above explanation we can conclude that statement A is correct.
Answer:
See below
Explanation:
Computation of net cash provided by operating activities using the indirect method
Cash flow from operating activities
Net income
$2,700,000
Adjustments to reconcile net income
Add: Decrease in accounts receivable
$357,400
Less: Decrease in accounts payable
$296,500
Add: Depreciation expense for the year
$162,300
Net cash provided by operating activities
$2,923,200