How Many of These Are Non-Cash Transactions

question 19

Multiple Choice

How many of these are non-cash transactions?
.Expense for impairment of goodwill
.A share dividend
.A discount allowed
.A bad debt write-off

• A)1
• B)2
• C)3
• D)4

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Definitions:

Equilibrium Price

The price at which the quantity of a good supplied equals the quantity demanded, resulting in no surplus or shortage in the market.

Zero Economic Profit

A situation where a firm's total revenues exactly equal its total costs, indicating no above-normal profit.

Economist

A professional or expert in economics, studying the production, distribution, and consumption of goods and services.

Rate of Return

The gain or loss on an investment over a specified period, expressed as a percentage of the investment’s cost.