The following information pertains to guy’s gear company: sales $ 75,000 expenses: cost of goods sold $ 47,500 depreciation expense 5,500 salaries and wages expense 11,500 64,500 net income $ 10,500 accounts receivable decrease $ 3,500 inventory increase 7,500 salaries and wages payable increase 700 required: present the operating activities section of the statement of cash flows for guy’s gear company using the indirect method. (amounts to be deducted should be indicated with a minus sign.)

Arguments made against free trade include all of the following exceptdumping is an unfair trade practice that puts domestic producers of substitute goods at a disadvantage that they should be protected against.national defense considerations justify producing certain goods domestically whether the country has a comparative advantage in their production or not.free trade is inflationary and should be restricted in the domestic interest. if foreign governments subsidize their exports, foreign firms that export are given an unfair advantage that domestic producers should be protected against.infant industries should be protected from free trade so that they may have time to develop and compete on an even basis with older, more established foreign industries.