Yi company began operations on january 1, 2013. during 2013, the company engaged in the following cash transactions:

1) issued stock for $66,000
2) borrowed $38,000 from its bank
3) provided consulting services for $64,000
4) paid back $28,000 of the bank loan
5) paid rent expense for $15,500
6) purchased equipment costing $25,000
7) paid $4,300 dividends to stockholders
8) paid employees' salaries, $34,000

what is yi's net cash flow from investing activities?

a. outflow of $51,300
b. outflow of $25,000
c. inflow of $41,000
d. inflow of $66,000

Daniel owns 100 shares of abc corporation's common stock. abc uses the fair value option, and recent declines in the firm's credit rating have caused the value of the firm's outstanding bonds payable to drop by 10%. daniel feels this is good news, but he wants to know what you think about the situation. which of the following represents your best response? a : "this situation may be positive for you in that the change in abc's credit standing indicates that the value of the firm's assets is likely increasing. however, the drop in bond value may negate any positive effects on your bottom line, because it means your claim on the firm's assets is simultaneously decreasing." b : "actually, this is bad news all around. the drop in the value of abc's bonds payable means shareholders' claims on the firm's assets have decreased. moreover, abc's declining credit rating means that the firm's assets are probably also dropping in value, thus magnifying your losses even more." c : "on the surface, this seems like good news because it means your claim on the firm's assets has increased. however, the drop in creditworthiness may also indicate that abc's assets are declining in value, thus offsetting any gains associated with the drop in bonds payable." d : "you're right! this is good news because it means that abc's debtholders have a decreased claim on the firm's assets. as a result, the firm's existing shareholders"like you"have seen their claim on the firm's assets increase."

Which of the following is not an example of one of the four mail advantages of prices on a free market economy

Frick (1991) claimed that computers would become so powerful that k-12 educators and students would be able to produce their own multimedia and web-based learning materials. he predicted that teachers and students would soon be able to use computer-video technology to produce their own learning materials. all it would require is time, know-how, and some funds.