The net changes in the balance sheet accounts of KMD, Inc. for the year 2018 are shown below:

                  Account                                                                          Debit                         Credit    

Cash                                                                                              $   130,000

Accounts receivable                                                                                                      $     14,000

Allowance for doubtful accounts                                                           4,000                                

Inventory                                                                                              80,000

Prepaid expenses                                                                                10,000

Held-to-Maturity Securities                                                                                                 100,000

Available-for-Sale Securities                                                             300,000

Equipment                                                                                         700,000                                

Accumulated depreciation:

         Equipment                                                                                            0                               0

Goodwill                                                                                                                                10,000

Accounts payable                                                                                                               105,000

Notes payable                                                                                                                     325,000

Common stock                                                                                                                    100,000

Additional paid-in capital—common                                                                                   120,000

Retained earnings                                                                        _________                    450,000

                                                                                                      $1,224,000               $1,224,000

Additional information:

    1. Net income for 2018 was $690,000

    2. cash dividends declared/paid $240,000

    3. Equipment costing $400,000 with a book value of $150,000 was sold for $150,000

    4. Held-to-Maturity (HTM) stock sold for $135,000. There were no other HTM transactions

    5. 10,000 Shares of Common Stock were issued for $22/share.

Instructions

Prepare a statement of cash flows (indirect method). Ignore tax effects. Use the format provided on next page. Please attach your supporting calculations or spreadsheets.

Explain the changes that would cause the dynamic aggregate demand curve to shift.

A sociologist is interested in the relation between x = number of job changes and y = annual salary (in thousands of dollars) for people living in the Nashville area. A random sample of 10 people employed in Nashville provided the following information.

Σx = 59; Σy = 358; Σx² = 429; Σy² = 12,944; Σxy = 2,189

(a) Find x, y, b, and the equation of the least-squares line. (Round your answers for x and y to two decimal places. Round your least-squares estimates to three decimal places.)

Explain how the osmolarity of the filtrate changes (be quantitative) as it moves through the sections of the nephron becoming urine

Prior to a set of compensation policy changes at a company 31% of the employees surveyed said that they liked their job very much, 49% said that they liked their job moderately, and the remaining employees said that they were dissatisfied with their job. Now, in a survey of 193 employees, 78 said they liked their job very much, 107 said that they liked their job moderately, and the remaining employees said that they were dissatisfied with their job. When testing (at the 5% level of significance) whether the proportions have changed, what is the test statistic? (please round your answer to 3 decimal places)

Prior to a set of compensation policy changes at a company 29% of the employees surveyed said that they liked their job very much, 52% said that they liked their job moderately, and the remaining employees said that they were dissatisfied with their job. Now, in a survey of 208 employees, 75 said they liked their job very much, 110 said that they liked their job moderately, and the remaining employees said that they were dissatisfied with their job. When testing (at the 10% level of significance) whether the proportions have changed, what is the critical value? (please round your answer to 3 decimal places)

1. Do small changes in the assumptions pertaining to the estimation of the terminal value have a significant impact on the calculation of the total value of the target firm? If so, why? Also, what could be the impact of the COVID-19 outbreak on Mergers & Acquisitions?

Classical economists belief that prices and quantities adjust to the changes in the forces of supply and demand and that the economy produces its potential output in the long run. On the contrary, Keynesian economists believe because of price and wage rigidities the economy’s equilibrium output in the long run may be less than its potential output. What is wage-price rigidity? Do you agree with Keynes assessment that wage-price rigidity requires government’s involvement in the markets? Why? Why not?

minimum of 250 words

One of the largest changes in the economy over the past several decades is that

technological advances have reduced the cost of making computers.

5a) Draw a supply-and-demand diagram to show what happened to price, quantity,

consumer surplus, and producer surplus in the market for computers.

5b) Forty years ago, students used typewriters to prepare papers for their classes; today

they use computers. Does that make computers and typewriters complements or

substitutes? Use a supply-and-demand diagram to show what happened to price,

quantity, consumer surplus, and producer surplus in the market for typewriters.

Should typewriter producers have been happy or sad about the technological advance

in computers?

5c) Are computers and software complements or substitutes? Draw a supply-and-demand

diagram to show what happened to price, quantity, consumer surplus, and producer

surplus in the market for software. Should software producers have been happy or sad

about the technological advance in computers?

5d) Does this analysis help explain why software producer Bill Gates is one of the

world’s richest people?

1. Having reviewed the various changes that apply to individual taxpayers as a result of the 2017 Tax Cut & Jobs Act, throughout the semester, I feel that that the most significant aspect that will affect the average individual taxpayer positively is ______________. Please post your thoughts on this topic, support your opinion with the specific change in the law and why you feel this particular issue will have the broadest economic effect.

2. Having reviewed the various changes that apply to individual taxpayers as a result of the 2017 Tax Cut & Jobs Act, throughout the semester, I feel that the most significant aspect that will affect the average individual taxpayer negatively is ______________. Please post your thoughts on this topic, support your opinion with the specific change in the law and why you feel this particular issue will have the broadest economic effect.

The supply of financial services is undergoing change brought on by changes in the external environment. List and briefly describe three external factors that are changing and the impact they are having on the supply of financial services.