What are accountants primarily interested in?
a. the taxes due on capital assets of firms
b. the stock of assets of firms
c. the flow of money into and out of firms
d. the marginal costs of production of firms
Ans: c. the flow of money into and out of firms
Economics
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If there is a national debt, we can conclude that the federal government has
A) borrowed in the past. B) purchased more goods and services than were needed. C) spent money foolishly. D) loaned funds to U.S. taxpayers in the past. E) loaned funds to other nations in the past.
Economics
A severe storm that slows postal delivery will cause
A) a decrease in Federal Reserve float. B) a decrease in Federal Reserve notes outstanding. C) an increase in Federal Reserve float. D) an increase in Federal Reserve notes outstanding.
Economics