During the Month of January,a Company Had Sales of $70,000,received

question 13

Multiple Choice

During the month of January,a company had sales of $70,000,received $50,000 in cash,incurred expenses of $55,000,and paid out $40,000 in cash.What is the company's net cash flow?

• A) -$5,00
• B) $10,000
• C) $15,000
• D) $20,000

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Definitions:

Tariff Revenue

Income generated by the government from imposing taxes on imported goods, aimed at making foreign products more expensive and protecting domestic industries.

Free Trade

A policy by which governments do not discriminate against imports or interfere with exports by applying tariffs (to imports) or subsidies (to exports) or quotas.

Domestic Producers

Local manufacturers or producers who create goods and services within a country's borders, contributing to the domestic economy.

Foreign Producers

Companies or individuals that produce goods or services in a country other than the one where the goods or services are consumed.