Which of the Following Are Used to Determine Cash Flows

question 72

Multiple Choice

Which of the following are used to determine cash flows from financing activities?

• A)Short-term debt,accrued liabilities,contributed capital,and notes payable.
• B)Long-term debt,contributed capital,and retained earnings.
• C)Short-term debt,accrued liabilities,retained earnings,and bonds payable.
• D)Long-term debt,notes payable,interest expense,and bonds payable.

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Definitions:

Inferior Good

A good or service whose consumption declines as income rises, prices held constant.

Constant Costs

Costs that remain unchanged regardless of the level of production or activity.

Long-Run Equilibrium

A state in which all firms in a market are making zero economic profit, with no firm having an incentive to enter or exit the industry.

Allocative Efficiency

An economic state where resources are allocated in a way that maximizes the overall utility to society, ensuring that the goods and services produced match consumer preferences.