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Company W Received $10,000 in Cash in Repayment of a Loan

question 11

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Company W received $10,000 in cash in repayment of a loan made to B Free. In the statement of cash flows of Company W, the $10,000 would appear as:


Definitions:

Lorenz Curve

The Lorenz curve is a graphical representation of the distribution of income or wealth within a society, illustrating inequalities.

Income Inequality

The unequal distribution of an economy’s total income among households or families.

Gini Curve

A graphical representation of the distribution of income or wealth within a society, used to measure economic inequality.

Quintile Distribution

A method of dividing a population into five equal groups based on their income levels or other measures.

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