Agovernment's statement of revenues, expenditures, and changes in fund balances reflected expenditures for debt service in the amount of $12,000,000, including $7,000,000 for interest. it also reflected proceeds of bonds in the amount of $4,000,000. no interest accruals were involved. when moving from the changes in fund balances reported for the governmental funds to the change in net position for governmental activities, the net change would be:
a) $3,000,000 decrease
b) $1,000,000 decrease
c) $3,000,000 increase
d) $1,000,000 increasea government's statement of revenues, expenditures, and changes in fund balances reflected expenditures for debt service in the amount of $12,000,000, including $7,000,000 for interest. it also reflected proceeds of bonds in the amount of $4,000,000. no interest accruals were involved. when moving from the changes in fund balances reported for the governmental funds to the change in net position for governmental activities, the net change would be:
a) $3,000,000 decrease
b) $1,000,000 decrease
c) $3,000,000 increase
d) $1,000,000 increase

Suppose an economist believes that the price level in the economy is directly related to the money supply, or the amount of money circulating in the economy. the economist proposes the following relationship: p=a x m - p=price level - m=money supply - a=a composite of other factors, including real gdp, that change very slowly over time. how might an economist gather empirical data to test the proposed relationship between money and the price level? an economist would persuade the federal reserve to change the money supply to various levels, and observe the resulting changes in the price level. unlike researchers in the hard sciences, economists cannot study complex relationships using data. economists do not usually develop theoretical models of the economy but only analyze summary statistics about the current state of the economy. an economist would look for data on past changes in the money supply, and note the resulting changes in the price level

The following account balances at the beginning of january were selected from the general ledger of fresh bagel manufacturing​ company: work in process inventory ​$0 raw materials inventory $ 29 comma 000 finished goods inventory $ 40 comma 900 additional​ data: 1. actual manufacturing overhead for january amounted to $ 62 comma 600. 2. total direct labor cost for january was $ 63 comma 600. 3. the predetermined manufacturing overhead rate is based on direct labor cost. the budget for the year called for $ 255 comma 000 of direct labor cost and $ 382 comma 500 of manufacturing overhead costs. 4. the only job unfinished on january 31 was job no.​ 151, for which total direct labor charges were $ 5 comma 700 ​(1 comma 000 direct labor​ hours) and total direct material charges were $ 14 comma 400. 5. cost of direct materials placed in production during january totaled $ 123 comma 300. there were no indirect material requisitions during january. 6. january 31 balance in raw materials inventory was $ 35 comma 200. 7. finished goods inventory balance on january 31 was $ 35 comma 400. what is the cost of goods manufactured for​ january

You speak to a business owner that is taking in almost $2000 in revenue each month. the owner still says that they are having trouble keeping the doors open. how can that be possible? use the terms of revenue, expenses and profit/loss in your answer