Presented below are the financial statements of Sunland Company. Sunland Company Comparative Balance Sheets December 31 Assets 2022 2021 Cash $ 56,000 $ 32,000 Accounts receivable 32,000 22,400 Inventory 44,800 32,000 Property, plant, and equipment 96,000 124,800 Accumulated depreciation (51,200 ) (38,400 ) Total $177,600 $172,800 Liabilities and Stockholders’ Equity Accounts payable $ 30,400 $ 24,000 Income taxes payable 11,200 12,800 Bonds payable 27,200 52,800 Common stock 28,800 22,400 Retained earnings 80,000 60,800 Total $177,600 $172,800 Sunland Company Income Statement For the Year Ended December 31, 2022 Sales revenue $387,200 Cost of goods sold 280,000 Gross profit 107,200 Selling expenses $28,800 Administrative expenses 9,600 38,400 Income from operations 68,800 Interest expense 4,800 Income before income taxes 64,000 Income tax expense 12,800 Net income $ 51,200 Additional data: 1. Depreciation expense was $28,000. 2. Dividends declared and paid were $32,000. 3. During the year equipment was sold for $13,600 cash. This equipment cost $28,800 originally and had accumulated depreciation of $15,200 at the time of sale. Part 1 Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e. g. -15,000 or in parenthesis e. g. (15,000).)

In which of the following situations would the price of a good be most likely to increase? a. a breakthrough in productive technology enables a company to increase its output. b. an increase in production costs results from a rise in wages. c. there's a sudden increase in the number of companies competing to sell the good. d. a drop in demand happens too quickly for producers to decrease production to keep up.

Mr. smith recently faced a choice between being (a) an economics profes-sor, which pays $60,000/yr, or (b) a safari leader, which pays $50,000/yr. after careful deliberation, smith took the safari job, but it was a close call. "for a dollar more," he said, "i'd have gone the other way."now smith's brother-in-law approaches him with a business proposition. the terms are as follows: - smith must resign his safari job to work full-time in his brother-in-law's business.- smith must give his brother-in-law an interest-free loan of $100,000, which will be repaid in full if and when smith leaves the business. (smith currently has much more than $100,000 in the the business will pay smith a salary of $70,000/yr. he will receive no other payment from the business.the interest rate is 10 percent per year. apart from salary considerations, smith feels that working in the business would be just as enjoyable as being an economics professor. for simplicity, assume there is no uncertainty regarding either smith's salary in the proposed business or the security of his monetary investment in it. should smith join his brother-in-law and, if so, how small would smith's salary from the business have to be to make it not worthwhile for him to join? if not, how large would smith's salary from the business have to be to make it worthwhile for him to join?

Using a cps-sample of 7,440 individuals, you estimate the following regression: = 20.91 - 2.61 x female where female is a binary variable that takes on the value of 1 for females and is 0 otherwise. the standard error on the coefficient on female is 0.25. the 95% confidence interval for the gender wage gap, or the amount that females earn less, is: a) [-3.10, -2.12] b) [18.30, 23.52] c) [-3.02, -2.20] d) [-1.96, -1.64]