Orange Corp. uses the indirect method to prepare its statement of cash flows. Refer to the following information for the year: 1. Long-Term Notes Payable, beginning balance, $81,000 2. Long-Term Notes Payable, ending balance, $74,000 3. Common Stock, beginning balance, $3100 4. Common Stock, ending balance, $29,000 5. Retained Earnings, beginning balance, $76,000 6. Retained Earnings, ending balance, $118,000 7. Treasury Stock, beginning balance, $5500 8. Treasury Stock, ending balance, $10,300 9. No stock was retired. 10. No treasury stock was sold. 11. During the year, the company repaid $37,000 of long-term notes payable. 12. During the year, the company borrowed $30,000 on new long-term notes payable. 13. Net income for the year was $55,000. 14. Assume all dividends declared during the year were paid. What is the net cash provided by financing activities

$1,100

Explanation:

Cash-flows from Financing activities:

Repayment of LT Note payable                  -$37,000

Borrowing from LT note payable                 $30,000

Issue of Common Stock (29,000-3,100)      $25,900

Dividend paid (76,000+55,000-118,000)    -$13,000

Purchase of treasury stock (10,300-5,500) -$4,800

Net Cash-flows from Financing activities   $1,100

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

you have to put the parentheses like this:

in fact, you have to perform the operation inside parentheses first, and then proceed in order: