Marten Company's records indicate that, during the current year, land costing $50,000 was sold. A gain of $45,000 was recognized on the sale. Cash inflows associated with this sale were

Total cash inflows = $95,000

Explanation:

Given:

Cost of land for the year = $50,000

Total gain on sold of land = $45,000

Total cash inflows =?

Computation of Total cash inflows ;

Total cash inflows = Cost of land for the year + Total gain on sold of land

Total cash inflows = $50,000 + $45,000

Total cash inflows = $95,000

Therefore, total cash inflows during the year is $95,000

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.