21. All of the following are true regarding ethics A. Ethics are beliefs that separate right from wrong B. Ethics rules are often set for CPAs. C. Ethics do not affect the operations or outcome of a company D. Are critical in accounting E. Ethics can be difficult to apply 22. A corporation is: A. A business legally separate from its owners. B. Controlled by the FASB C. Not responsible for its own acts and own debes D. The same as a limited liability partnership E. Not subject to double taxation 23. Rico's Taqueria had cash inflows from operating activities of S27,000 cash outflows from investing activities of S22,000, and cash outflows from financing activities of $12,000. Calculate the net increase or decrease in cash 1.561,000 increase B. 537,000 increase C. 57.000 decrease D. $7,000 increase E. 534,000 decrease 24. Charlie's Chocolates' owner made investments of $50,000 and withdrawals of S20,000. The company has revenues of $83,000 and expenses of $64.000 Calculate its net income. A. 530,000 B. $83.000 C 564,000 D. $19,000 E $49,000