Alfonza incorporated presents its statement of cash flows using the indirect method. the following accounts and corresponding balances were drawn from the company’s 2017 and 2016 yearend balance sheets:

account title 2017 2016
accounts receivable $ 15,000 $ 20,000
accounts payable 8,750 9,200
the 2017 income statement showed net income of $25,400.
required
prepare the operating activities section of the statement of cash flows. (amounts to be deducted should be indicated with a minus sign.)

Stormie zanzibar owns a bakery in the fictitious country of olombia. each month the government’s market ministry mails her a large list of the regulated price of goods which include products like bread, muffins and flat bread. the list also dictates the types of goods she can sell at the bakery and what she is to charge. because of the regulations placed on these goods, stormie has increased her production of sweets, pies, cakes, croissants and buns and decreased her supply of breads, muffins and flat bread. she has taken these steps because the sweet goods’ prices are not government controlled. stormie zanzibar lives under what type of economy?