suppose that when the price of gasoline is $3.50 per gallon, the total amount of gasoline purchased in the united states is 6 million barrels per day. also suppose that when the price of gas decreases to $3 per gallon, the total amount of gasoline purchased is 8 million barrels per day. based on these numbers and using the midpoint formula, the percentage change in the quantity demanded is: multiple choice question. 28.6%. 32.9%. 14.3%. 12.33%.
Answers
Based on the given numbers and using the midpoint formula, the percentage change in the quantity demanded is 28.6%.
The concept used to calculate the percentage change in quantity demanded is the midpoint formula. This formula is used to find the percentage change between two values by taking the average of the two values as the base for comparison.
Using the midpoint formula, we can calculate the percentage change in quantity demanded as: \([(Q_{2} - Q_{1} ) / ((Q_{1}+ Q_{2}}) / 2)] 100%\)
where \(Q_{2}\) is the initial quantity and \(Q_{2}\) is the new quantity.
In this case,\(Q_{1}\) is 6 million barrels per day and \(Q_{2}\) is 8 million barrels per day. Plugging these values into the formula.
We get: [(8 - 6) / ((6 + 8) / 2)] x 100% = (2 / 7) x 100% = 28.6%
Therefore, the percentage change in the quantity demanded is 28.6%.
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Related Questions
A(n) _allows students to study more specific topics within their majors. O A. requirement O B. integration O C. minor O D. specialization
Answers
Answer:
requirement
Explanation:
think so
At 4.3 percent interest, how long does it take to double your money? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)At 4.3 percent interest, how long does it take to quadruple it? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Answers
Time taken to Double your Money is 16.46 years and Time taken to quadruple your Money will be 32.93 years
Evaluating:A. Let Amount deposited Today be $ 100
Particulars in formulae Values
Amount Deposited Today PV (100.00)
Future Value= Deposited x2= 100 ×2 FV 200.00
Rate of Interest pa. RATE 4.3%
Time (years) NPER 16.46
Formulae used "=NPER(4.30%,0,-100,200,0)"
"=NPER(RATE,PMT,PV,FV,TYPE)"
*PV used in formulae is taken negative being cash outflow
*PMT is taken zero, as no intermediate payment.
*TYPE is irrelevant as no intermediate payment.
B. Let Amount deposited Today be $ 100
Particulars in formulae Values
Amount Deposited Today PV (100.00)
Future Value= Deposited x4= 100 ×4 FV 400.00
Rate of interest pa. RATE 4.3%
Time (years) NPER 32.93
Formulae used "=NPER(4.30%,0,-100,400,0)"
"=NPER(RATE,PMT,PV,FV,TYPE)"
*PV used in formula is taken negative being cash outflow
*PMT is taken zero, as no intermediate payment.
*TYPE is irrelevant as no intermediate payment.
What are cash outflows?The net cash amount your business loses as a result of payments to other people or entities is known as cash outflow. Payments from customers, returns on investments, and interest on loans you've given to other people are all examples of cash inflows.
All of your company's expenses are referred to as cash outflow. Debts, liabilities, and operating expenses are all included in your company's cash outflow. By minimizing long-term debt and keeping operating cash flows low, a healthy business maintains a positive cash flow.
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how would Americans cover a $400 emergency? personal finance answers
Answers
Answer: Sixty-eight percent of all adults said they would have covered the expense exclusively using cash, savings or a credit card paid off at the next statement. One in 9 even reported they wouldn't be able to cover a $400 emergency expense whatsoever
Explanation:
Which type of business does not hold owners accountable for the debts of
the business?
OA. Sole proprietorship
OB. LLC
OC. Partnership
A
OD. Private company
Answers
Answer:
Limited Liability Company (LLC)
Explanation:
A limited Liability Company (LLC) is a business structure in the United States that protects its owners from the personal responsibility for its repayment of debts and liabilities. It is a hybrid entity that has the characteristics of a corporation, partnership and sole proprietorship. The regulation of LLC's varies from one state to another. An entity or individual can be a member of an LLC with notable exceptions from banks and insurance companies. The primary reason for registering a business under LLC is to limit the personal liability of the owners as well as the partners. LLC may have some attractive features but they also possess some great disadvantages as well. Depending upon the state law, an LLC may be dissolved upon the death or bankruptcy of a member.
what is leadership's role in apple's strategic implementation
Answers
Leadership plays a crucial role in Apple's strategic implementation by setting the direction for the company, communicating and reinforcing the vision and goals, and providing resources and support to ensure successful execution of the strategy.
Effective leadership also involves encouraging and empowering employees to take ownership of their work and contribute to the success of the company. By providing strong leadership, Apple is able to stay focused on its strategic priorities and achieve its objectives.
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You’re a broker writing an mls policy for your firm. which would you likely want to include?
Answers
You’re a broker writing an MLS policy for your firm. When and if listing data should be submitted to you for approval, want to include it.
Some listing services offer more exposure to resellers and more options for agents to represent buyers. In return, both brokers receive a sales commission.MLS regulations permit MLS data to be made available to MLS on additional Her websites unless otherwise directed by MLS's administrator.
MLS enables agents and brokers within a particular market to exchange information about real estate listings. It's useful for home sellers because it helps expose properties to a wider audience.
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Which type of advertising does a business use to enhance its image in the market and society?
Through (BLANK) advertising, businesses try to enhance their reputation in the market as well as society.
Answers
Answer:
Public relations
Explanation:
Public relations are the efforts of a company to create good relations between itself and society. It uses the media to relay positive messages about the company to society. Public relations is about creating a goods reputation for the company in the eyes of the community.
In public relations, a company engages in activities that promotes its image in society. It may sponsor sports events, engage in charity work, or partner with the community in other social activities. When such activities are highlighted in the media, they create a good reputation for the company.
Answer:
Public relations
Explanation:
Under monopoly, the firm produces the output where ___________, and in perfect competition, the firm produces the output where _________. 1. P>MR=MC;P=MR=MC 2. PMR=MC
Answers
Under a monopoly, the firm produces the output where the price (P) is greater than both the marginal revenue (MR) and the marginal cost (MC). This means that the firm is producing at a point where it is charging a price higher than what it would charge in a perfectly competitive market. The reason for this is that a monopoly has market power and can control the price of its product. Therefore, it will produce at a lower quantity and charge a higher price, resulting in economic profits.
In contrast, in a perfectly competitive market, the firm produces the output where the price is equal to both the marginal revenue and the marginal cost. This means that the firm is producing at the point where it is making normal profits and there are no economic profits in the long run. The reason for this is that in a perfectly competitive market, there are many firms producing identical products, and no single firm has the market power to influence the price. Therefore, firms are price takers and will produce at a point where they are making normal profits.
In summary, the key difference between monopoly and perfect competition is that in a monopoly, the firm has market power and will produce at a point where it charges a higher price and produces a lower quantity, resulting in economic profits. In contrast, in perfect competition, the firm is a price taker and will produce at a point where it makes normal profits.
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what learning options can i take part in during high school?
Answers
if an area is rezoned industrial and a commercial establishment is given permission to continue its operation in that area, this is an example of what?
Answers
If an area is rezoned industrial and a commercial establishment is given permission to continue its operation in that area, it is an example of a nonconforming use.
Nonconforming use refers to a situation where a property or establishment is allowed to continue its current use despite new zoning regulations or changes in the zoning of the area. In this case, when an area is rezoned as industrial, but a commercial establishment is granted permission to continue its operation, it is considered a nonconforming use.
The commercial establishment is permitted to maintain its business activities even though it does not conform to the new zoning designation. This exception is often granted to protect the rights of existing businesses and prevent disruption or financial loss due to zoning changes. Nonconforming use is typically subject to certain restrictions and regulations to ensure compatibility with the surrounding area and future development plans.
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How do perception, learning and attitudes affect consumer decision making and how marketer influence these processes
Answers
Perception means how a person is thinking, learning refers to acquiring new knowledge and attitudes means feeling towers the product or service. Consumer decision-making is significantly influenced by perception, learning, and attitudes.
Perception, learning, and attitudes are all important factors that affect consumer decision making. Perception influences how a consumer interprets and evaluates stimuli in the marketplace. Learning affects how a consumer learns from past experiences and develops buying habits. Attitudes influence a consumer's predisposition towards a product or service. Marketers can influence these processes by designing their campaigns to appeal to the target audience's senses, past experiences, and biases.
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Portia Grant is an employee who is paid monthly. For the month of January of the current year, she earned a total of $8,388. The FICA tax for social security is 6.2% of the first $128,400 earned each calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The FUTA tax rate of 0.6% and the SUTA tax rate of 5.4% are applied to the first $7,000 of an employee's pay. The amount of federal income tax withheld from her earnings was $1,391.77. What is the total amount of taxes withheld from the Portia's earnings
Answers
Answer: $2,033.46
Explanation:
Social security taxes = 8,388 * 6.2% = $520.06
Medicare taxes = 8,388 * 1.45% = $121.63
Federal income tax withheld = $1,391.77
FUTA and SUTA are to be paid by the employer not the employee.
The total amount of taxes withheld from Portia is therefore:
= 520.06 + 121.63 + 1,391.77
= $2,033.46
What do quotas and embargoes have in common?
They both tend to raise prices.
They both affect imports from certain countries.
They both set limits on imported goods.
They both frequently result in domestic shortages.
Answers
Answer:
They both set limits on imported goods
Explanation:
An embargo is an order placed by a government restricting or prohibiting trade with another country. An embargo may be issued on specific goods only or wholesome trade with the country or region.
A quota is also an order issued by a government that limits the volume of goods or services that can be imported. The quota may limit the volume in quantity or in monetary value. Importing beyond the limit becomes illegal.
Both embargo and quota place restrictions on imports to a country.
Answer: C or They both set limits on imported goods.
Explanation: Edge2023
Eight years ago you purchased an asset for $100,000 that has yielded a nominal capital gain of $30,000. If you sold the asset today, your inflation-adjusted capital gains would be zero due to inflation over the last eight years. The capital gains tax is 28 percent. If you sold the asset today your tax liability would be
Answers
Answer: $8,400
Explanation:
Tax liability for a year is computed on the nominal capital gain as of that year not the inflation-adjusted gain. As such, should the asset be sold today, the capital gains tax of 28% will be computed on the capital gain of $30,000 in the following manner;
= 28% * 30,000
= $8,400
If a bank has 100000 in deposits and holds 5000 in required reserves, what is the va;ue of the money multiplier
Answers
The value of the money multiplier in this case is 200. This means that for every $1 of reserves held by the bank, the total money supply can expand by $200.
The money multiplier represents the relationship between the reserves held by banks and the total money supply that can be created through the banking system. It is calculated by dividing the total money supply by the reserves held.
In this case, the bank has $100,000 in deposits and holds $5,000 in required reserves. To calculate the value of the money multiplier, we need to determine the total money supply.
Total money supply = Deposits / Required reserve ratio
The required reserve ratio is the percentage of deposits that banks are required to hold as reserves. Let's assume a required reserve ratio of 10% for this example.
Required reserve ratio = 10% = 0.1
Total money supply = $100,000 / 0.1 = $1,000,000
Now, we can calculate the money multiplier:
Money multiplier = Total money supply / Reserves held
Money multiplier = $1,000,000 / $5,000 = 200
Therefore, the value of the money multiplier in this case is 200. This means that for every $1 of reserves held by the bank, the total money supply can expand by $200.
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Received a scholarship from the college he is currently attending. Of the $21,000 he received, $5,000 is allocated to tuition, $12,000 for room and board, and $4,000 for textbooks. How much is Navdeep required to include in his gross income?
Answers
Navdeep is required to include $17,000 in his gross income.
In general, scholarships and grants are considered taxable income if they exceed the amount of qualified education expenses. Qualified education expenses include tuition and fees required for enrollment or attendance at an eligible educational institution, as well as expenses for books, supplies, and equipment required for courses.
In this case, Navdeep received a scholarship of $21,000. Out of this amount, $5,000 is allocated to tuition, which is a qualified education expense and not taxable. However, the remaining $16,000 ($12,000 for room and board + $4,000 for textbooks) is not considered a qualified education expense.
Therefore, Navdeep is required to include the non-qualified portion of the scholarship in his gross income. In this case, he would need to include $17,000 ($16,000 + $1,000) in his gross income.
It's important to note that tax rules may vary depending on individual circumstances and the specific tax laws of the jurisdiction. It is advisable to consult a tax professional or refer to the relevant tax authorities for accurate and up-to-date information regarding the taxation of scholarships and grants.
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True/False
1. A thank you note sent after a job interview will serve as a reminder to those people you met.
2. When giving the time of your emploment on your resume, be sure to specify only the year of starting and ending of each job.
3. If an interviewer asks you what your weakness are, you should think for a moment before answering.
4. To prevent discrimination, all applicants for a job should be asked the same questions during an interview.
Answers
A thank you note sent after a job interview will serve as a reminder to those people you met is a false statement
2. False
3. False
4. False
What is an interview for a job?A job interview is known to be a kind of conversation tak that is said to occurs between a said and potential employer and that of a job applicant.
Note that During the job interview, the employer is one who has a lot of opportunity to appraise any kind of applicant's qualifications, as well as their appearance and full fitness in regards to the job opening.
Hence, A thank you note sent after a job interview will serve as a reminder to those people you met is a false statement
2. False
3. False
4. False
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At the end of the video, there is the implication that "selling out" has a different meaning for today’s teens than for past generations. Do you think this is true? Explain.
Answers
Answer: No, it's still the same
Explanation:
Selling out is the process of having your product completely bought by your customers either at an event or through a period of a day sales. The meaning of the word "sold out" still holds for the past generation and also this generation or teens today
Which factor might pose the greatest risk to a person applying for a credit
card for the first time?
O A. A short grace period
B. A low introductory credit limit for the first six months
C. A lack of fees
D. A low introductory rate that will increase over time
Answers
A low introductory rate that will increase over time is the factor might pose the greatest risk to a person applying for a credit card for the first time. Hence, option D is correct.
What is introductory rate?Introductory rate is the interest rate that is charged to the person at the initial stage of the loan. The interest rate can be minimal, or it is not necessary to charge the interest rate.
The introductory rate is used to sell the loan to customers and make it seem appealing. They may or may not apply to cash advances, although they are frequently utilized for the application of balance transfers.
Thus, option D, A low introductory rate that will increase over time is correct.
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question content area part 1 scarcity part 2 a. can be overcome by discovering new resources. b. stems from the incompatibility between limited resources and unlimited wants. c. is a bigger problem in market economies than in socialist economies. d. can be eliminated by rationing products.
Answers
Scarcity stems from the incompatibility between limited resources and unlimited wants
Because the desires of economic agents, such as people, businesses, or the government, are limitless, scarcity is a fundamental economic problem that affects every civilization. The incompatibility of finite resources and countless wants is the root of the world's economic problems.
Resources are constrained in that there is only a certain amount of them, and they cannot be expanded to satisfy everyone's unending needs or those of society as a whole. People and society must therefore decide how to divide up these finite resources in order to best satisfy their needs and wants. All economic activity is fueled by scarcity, which is the reason people have to make decisions and trade-offs.
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6
A company that is located in the U.S. and sells its product to customers in Mexico is participating in what?
A. Demographics
B. News media
C. The global marketplace
D. Web marketing
Answers
Answer:
c
Explanation:
the global marketplace
Answer:
C
Explanation:
got it right on Edge
Indifference curves close to the origin are ________ those farther from the origin because of ________. Group of answer choices better than; transitivity worse than; nonsatiation better than; completeness worse than; transitivity.
Answers
Answer:
Worse than: nonsation
Explanation:
Indifference Curve is a type of curve that depicts all possible combinations of goods that gives the same satisfaction to consumer with the same as well as the same utility.
Indifference curves are also convex to the origin. That is they are bowed inward toward the origin.
I NEED HELP ASAP please
Answers
Credit Cards - installment, unsecured, CBE
Mortgage - installment, secured, variable
Payday loan - CBE, secured, and CBE
Personal loan - installment, unsecured, CBE
Small businesses - CBE, unsecured, CBE
Student loan - installment, unsecured, CBE
I believe that’s right. I’m so sorry if it isn’t.
what will the level of cyclical unemployment be when an economy is producing at potential (or full employment) gdp?
Answers
When an economy is producing at its potential or full employment GDP, the level of cyclical unemployment will be zero.
Cyclical unemployment refers to the unemployment that occurs due to fluctuations in the business cycle or economic downturns. It represents the difference between the actual unemployment rate and the natural rate of unemployment.
At potential GDP, all available resources, including labor, are being fully utilized, and there is no slack in the economy. This means that there is no cyclical unemployment because there are no workers who are involuntarily unemployed due to a lack of demand for goods and services.
The natural rate of unemployment includes structural and frictional unemployment, which are inherent in any economy due to factors such as skill mismatches, job transitions, and other structural factors. However, cyclical unemployment is a temporary phenomenon that occurs when there is a recessionary gap between actual and potential GDP.
Therefore, when an economy is producing at its potential GDP, cyclical unemployment will be zero.
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Ryan is considering purchasing a used five year old hatchback with 75, 000 miles on it for $13,000. his main use would be commuting 20 miles to work each day. which should he be most concerned about?
Answers
When considering purchasing a used car for commuting, one should be most concerned about the reliability of the vehicle, and should check its maintenance history and get it inspected by a mechanic.
When considering purchasing a used car, there are several factors that one should consider. In this scenario, Ryan is considering purchasing a five-year-old hatchback with 75,000 miles on it for $13,000, and his main use would be commuting 20 miles to work each day. There are a few things that he should be most concerned about, including:
1. Reliability: As the car is five years old with 75,000 miles on it, it's important to consider the reliability of the vehicle. Ryan should check the car's maintenance history and get it inspected by a mechanic before making a purchase to ensure that there are no major mechanical issues that could cause problems down the road.
2. Fuel efficiency: As Ryan will be using the car for commuting to work, he should consider the fuel efficiency of the vehicle. He should look up the car's estimated miles per gallon (MPG) and calculate how much he will spend on gas each month to determine if it fits within his budget.
3. Safety: Ryan should also consider the safety features of the car, such as airbags, anti-lock brakes, and electronic stability control. He should also check the car's safety rating from reputable sources such as the National Highway Traffic Safety Administration (NHTSA) or the Insurance Institute for Highway Safety (IIHS).
4. Resale value: Ryan should also consider the resale value of the car, as he may want to sell it in the future. He should research the depreciation rate of the car model and make sure he is getting a fair price for it.
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When selecting interests/activities to include on your résumé, select those that are _____.
relevant
challenging
interesting
dangerous
Answers
Answer:
When selecting interests/activities to include on your résumé, select those that are interesting.
Explanation:
You don't want to be stuck doing something you hate for a living. I might say challenging since everybody's brains need risk and challenge to develop and mature, but you don't want to k!ll yourself either when it could be easy.
On a trip, a motorist purchased gasoline according to the table shown to the right (a) What was the average number of stres per parchase? (b) What was the average cost porte? (c) the motorist averaged
Answers
The table represents the cost and number of gallons of gasoline purchased on a trip. The following are the questions and the steps to solve them:a) What was the average number of stres per purchase?The number of gallons bought on each purchase is known as strokes.
To find the average number of strokes per purchase, we'll use the following formula. Average strokes per purchase = Total strokes/ Total purchasesFirst, we'll figure out the total strokes:Number of strokes in the first purchase = 9 strokesNumber of strokes in the second purchase = 10 strokes
Number of strokes in the third purchase = 12 strokesNumber of strokes in the fourth purchase = 11 strokesNumber of strokes in the fifth purchase = 8 strokesNumber of strokes in the sixth purchase = 10 strokesTotal strokes = 9 + 10 + 12 + 11 + 8 + 10 = 60 strokes.Next, we'll figure out the total number of purchases, which is 6.
Average strokes per purchase = Total strokes/ Total purchases = 60 strokes/6 purchases = 10 strokes/purchaseTherefore, the average number of strokes per purchase is 10 strokes.b) What was the average cost porte The average cost per purchase can be calculated using the following formula.
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A context diagram of the Cargo Shipping Process from the perspective of the CArgo Section at CaribAir
Answers
The context diagram provides a high-level view of the cargo shipping process and the interactions between the Cargo department at CaribAir and its external entities. It helps to ensure that all stakeholders are accounted for and that the system operates effectively and efficiently to meet the needs of its customers.
A context diagram is a high-level view of a system that shows its interactions with external entities. In the context of the cargo shipping process from the perspective of the Cargo department at CaribAir, the context diagram would illustrate the external entities that interact with the department, including customers, shipping agents, freight forwarders, and other stakeholders.
The Cargo department at CaribAir is responsible for managing the shipment of goods via air transport. This involves receiving and processing orders from customers, coordinating with shipping agents and freight forwarders, preparing cargo for transport, and ensuring that it is delivered to its destination safely and on time.
The context diagram would show the external entities that interact with the Cargo department at CaribAir, including customers who place orders, shipping agents who provide information on cargo availability and transportation options, freight forwarders who coordinate the shipment of goods, and other stakeholders such as customs authorities and regulatory bodies.
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Complete question:
Describe the context diagram of the cargo shipping process from the perspective of the CArgo department at CaribAir and understand what CArgo is
Carl’s business insurance costs $3,000 per year. Carl paid for and purchased a 12-month insurance policy on October 1, Year 1. On October 1, Year 2, Carl’s insurance increased to $3,300 per year. A building contract Carl was working on was delayed when they had to obtain additional permitting. Because cash flow was tight, Carl delayed renewing the insurance policy. Instead of making the payment due on October 1, Year 2, Carl paid 3 months of insurance in arrears on January 1, Year 3. Carl is a cash-method taxpayer and took advantage of the 12-month rule in Year 1 for prepayments. What is Carl’s insurance expense deduction for Year 2?
Answers
Answer:
Carl's Insurance Expense Deduction for Year 2
Since he took advantage of the 12-month prepayments rule, his Year 2 Insurance deduction was deducted in Year 1.
While his deduction should have been equal to
= Annual Insurance Expense/12 x 9 = $3,300/12 x 9 = $2,475
In Year 2, it is equal to $0 since he did not make any payment for Insurance.
Explanation:
Under the cash method of accounting, two rules govern how someone can deduct prepaid expenses:
1. The General Rule
2. The 12-Month Rule
1. The General Rule
Under the general rule, you cannot deduct the full amount of an advance payment covering more than 12 months. You must deduct a portion of the payment in the year to which it applies.
Example: The General Rule.
Carl is a cash method taxpayer on a calendar year.
On October 1, 2018 Carl pays $3,600 in advance for business insurance covering three years.
Coverage begins October 1, 2018.
Coverage ends September 30, 2021.
Result:
The general rule applies.
The advance payment covers more than 12 months (36 months).
A portion of the $3,600 must be deducted ratably over the three-year period.
To find the portion of the $3,600 Carl deduct each tax year:
First, divide the $3,600 by 36 (months) to find the monthly premium amount.
Then, multiply the number of months remaining in each tax year by the monthly premium
Monthly premium: $3,600 / 36 = $100 per month.
Oct. 1, 2018 - Dec. 31, 2018: 3 x $100 = $300 deduction for 2018
Jan. 1, 2019 - Dec. 31, 2019: 12 x $100 = $1,200 deduction for 2019
Jan .1, 2020 - Dec. 31, 2020: 12 x $100 = $1,200 deduction for 2020
Jan. 1, 2021 - Sep. 30, 2021: 9 x $100 = $900 deduction for 2021
The 12-Month Rule
The 12-month rule says that Carl may deduct the full amount of an advance payment in the year the payment is made if it creates rights or benefits for the taxpayer that do not extend beyond the earlier of:
12 months after the right or benefit begins, or
The end of the tax year after the tax year in which payment is made.
Example 1: The 12-Month Rule.
Carl is a cash basis taxpayer on a calendar year.
On October 1, 2018 he pays $2,000 for business insurance covering one year.
The policy begins October 1, 2018 and ends September 30, 2019.
Result:
The 12-month rule applies.
Deduct the full $2,000 in 2018
The benefit does not extend beyond 12 months after the right to receive the benefit begins - October 1, 2018.
.Which of the following items would be subtracted from net income when using the indirect method of calculating cash flows provided by operating activities?
A. Depreciation expense
B. Repayment of bonds payable
C. Gain on sale of land
D. None of these
Answers
A. Depreciation expense would be subtracted from net income when using the indirect method of calculating cash flows provided by operating activities.
The indirect method of calculating cash flows provided by operating activities starts with net income and then makes adjustments to convert it to cash flows. One of the adjustments made is to add back non-cash expenses such as depreciation expenses. Since depreciation is not a cash expense, it is added back to net income to calculate the cash flows provided by operating activities. Therefore, the correct answer is A. Depreciation expense. Repayment of bonds payable and gain on sale of land are not adjustments made when using the indirect method to calculate cash flows provided by operating activities, so they would not be subtracted from net income. Therefore, the correct answer is D. None of these.
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