Net income was $61,300; accounts receivable decreased by $15,500; inventory increased by $7,700; proceeds from the issuance of long-term debt were $20,150; accounts payable decreased by $5,300; equipment purchases were $66,500; depreciation and amortization expense was $26,600. (amounts to be deducted should be indicated with a minus sign). required: calculate the net cash provided (used) by operating activities for the period.

The 39 percent and 38 percent tax rates both represent what is called a tax "bubble." suppose the government wanted to lower the upper threshold of the 39 percent marginal tax bracket from $335,000 to $208,000. what would the new 39 percent bubble rate have to be? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places,e.g., 32.16.)

Which of the following best describes the economic effect that results from the government having a budget surplus? a. consumers save more and spend less, enabling long-term financial planning. b. overall demand decreases, reducing the incentive for producers to increase production. c. banks have more deposits, enabling them to make more loans to investors. d. government spending increases, increasing competition for goods and services and driving prices up.

Acompany's sales in year 1 were $300,000, year 2 were $351,000, and year 3 were $400,000. using year 2 as a base year, the sales percent for year 3 is