CASE STUDY QUESTION 002

Glenwood Company Statement of Cash Flows For year ended December 31, 20X1 Cash Flows from Operating Activities Net income $92,742 Adjustments Depreciation on PP&E 19,000 Interest on note payable 6,650 Changes in current assets Accounts receivable (98,406) Inventory (62,800) Changes in current liabilities Accounts payable 26,440 Net cash from operating activities $(16,374) Cash flows from investing activities Purchases of PP&E (500,000) Net cash from investing activities $(500,000) Cash flows from financing activities Proceeds from long term debt 400,000 Payment on long term debt (20,000) Net cash from financing activities $380,000 Net increase (decrease) in cash (136,374) Cash balance January 1, 20X1 - Cash balance December 31, 20X1 $(136,374) 8 Glenwood Company Classified Balance Sheet As of December 31, 20X1 Assets Liabilities Current Assets Current Liabilities Cash $426.00 Accounts payable $26,440.00 Accounts Receivable $99,400.00 Interest payable $6,650.00 Allowance for Bad Debts $(994.00) Current portion of note payable $20,000.00 Inventory $62,800.00 Total Current Liabilities $53,090.00 Total Current Assets $161,632.00 Long term liabilities Property, Plant, & Equipment Note payable $360,000.00 Land $70,000.00 Total Liabilities $413,090.00 Building $350,000.00 Accumulated depreciation - building $(10,000.00) Stockholders' Equity Equipment $80,000.00 Common Stock $160,000.00 Accumulated depreciation - equipment $(9,000.00) Retained Earnings $69,542.00 Total Property, Plant, & Equipment $481,000.00 Total Stockholders' Equity $229,542.00 Total Assets $642,632.00 Total Liabilities & Stockholders' Equity $642,632.00

1. What do economics _______ callous by the supply of goods________

2. What do you uncaring ___________by 'underneath conditions of a picture-perfect opposition in the merchandise market__________

3. Which of the following is the family member that the commandment of demand defines__________

4. What do you unkind __________by a mixed economy_________?

5. Starting from the time of independence, why did India follow a planned economy?

1.India followed a five-year plan and required an outlook.

2.Directive Principles of Indian Constitution indicated the planned vision of India.

3.There was no indication whatsoever from the five-year plans regarding how much of each and every good and service is to be produced.

Choose the correct statements from the given options

6. What do you mean by Gross ________Coast-to-coast Merchandise_________?

7. What do you nasty_________ by Unsophisticated National Product________?

8. Which of the subsequent is the purpose for the deterioration______--- in the child sex proportion in India_______?

9. What factors are taken into contemplation while reviewing the shortage line every so often?

10.Which of the following is/are linked with the financial sector of India and measured by the Replacement Row of India (RBI)?

Answer