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The following information is for Carson Company: Additional data for 2013: (1) Sales on account for the period were $160,000.
(2) Operating expenses for the period were $104,000.
Based on this limited information, what was the net cash inflow from operations?
Bid-ask Spread
The difference between the highest price a buyer is willing to pay (bid) and the lowest price a seller is willing to accept (ask) for an asset.
Market Maker
A firm or individual who actively quotes two-sided markets, providing bids and offers along with the market size of each.
Profit Maximizing
The process of making business decisions that result in the highest possible profit, by adjusting production levels, prices, and other variables.
Equilibrium Price
The price at which the quantity of a good or service demanded by consumers equals the quantity supplied by producers, resulting in market balance.
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