Selected Balance Sheet Information Dec. 31, 2019 Dec. 31, 2018
Cash $20,000 $17,500
Accounts receivable 10,500 8,000
Inventory 18,000 21,000
Accounts payable 15,000 10,000
Income taxes payable 1,000 2,500
Burch Company Income Statement
For the year ended December 31, 2019
Sales $250,000
Cost of goods sold (160,000)
Depreciation expense (15,000)
Other expenses (35,000)
Income tax expense (12,000)
Net income $28,000
Required: Compute the net cash flows from operating activities using the indirect method.

You have $22,000 to invest in a stock portfolio. your choices are stock x with an expected return of 11 percent and stock y with an expected return of 13 percent. if your goal is to create a portfolio with an expected return of 11.74 percent, how much money will you invest in stock x? in stock y?

Hours to produce one unit worker hours to produce yarn country a 8 hours country b 4 hours worker hours to produce fabric counrty a 12 hours country b 13 hours additional worker hours to produce fabric instead of yarn country a ? country b? which of the follow is true of the trade relationship between country a and country b? country a has an absolute advantage in producing yarn and fabric country b has an absolute advantage in producing yarn and fabric country b has a comparative advantage to country a in producing fabric country a has a comparative advantage to country b in producing fabric

On january 1, 2017, sophie's sunlounge owned 4 tanning beds valued at $20,000. during 2017, sophie's bought 3 new beds at a total cost of $14 comma 000, and at the end of the year the market value of all of sophie's beds was $24 comma 000. what was sophie's net investment