Each of these items must be considered in preparing a statement of cash flows for Flint Corporation. for the year ended December 31, 2022.For each item, state how it should be shown in the statement of cash flows for 2022.a. Issued bonds for $150,000 cash.
b. Purchased equipment for $200,000 cash.
c. Sold land costing $50,000 for $50,000 cash.
d. Declared and paid a $20,000 cash dividend.

Answers

Answer 1

Answer and Explanation:

The classification is as follows:

a. Financing activity inflow of cash

b. INvesting activity outflow of cash

c. Investing activity inflow of cash

d. Financing activity outflow of cash

The inflow of cash shows the positive sign while on the other hand the outflow of cash shows the negative sign

And, the same should be relevant


Related Questions

Cost of Production Report: No Beginning Inventories Atlanta Paper Company produces newsprint paper through a special recycling process using scrap paper products. Production and cost data for October 2017, the first month of operations for the company's new Brunswick plant, follow: Units of product started in process during October 80,000 tons Units completed and transferred to finished goods 75,000 tons Machine hours operated 7,000 Direct materials costs incurred $ 486,000 Direct labor costs incurred $ 190,800Raw materials are added at the beginning of the process for each unit of product produced, and labor and manufacturing overhead are added evenly throughout the manufacturing process. Manufacturing overhead is applied to Work-in-Process at the rate of $24 per machine hour. Units in process at the end of the period were 65 percent converted.Prepare a cost of production report for Oregon Paper Company for October. (Round answers to the nearest whole number unless otherwise noted.)Oregon Paper CompanyCost of Production ReportFor the Month Ending October 31, 2009Summary of units in process (tons): Beginning Answer Units started Answer In process Answer Completed (Enter as a negative number.)Answer Ending Answer Equivalent units in process: Materials Conversion TotalUnits completed Answer Answer Plus equivalent units in ending inventory Answer Answer Equivalent units in process Answer Answer Total cost to be accounted for andcost per equivalent unit in process: Beginning work-in-process $Answer $Answer $AnswerCurrent costs Answer Answer AnswerTotal cost in process $Answer $Answer $AnswerEquivalent units in process

Answers

Answer:

Atlanta Paper Company

Atlanta Paper Company

Cost of Production Report

For the Month Ending October 31, 2009

a. Summary of units in process (tons):

Beginning  0

Units started 80,000

In process     80,000

Completed  (75,000)

Ending            5,000

b. Equivalent units in process:    Materials    Conversion  Total

Units completed                        75,000        75,000

Plus ending inventory                 5,000          3,250

Equivalent units in process      80,000        78,250

c. Total cost to be accounted for and cost per equivalent unit in process:

                                                Materials    Conversion         Total

Beginning work-in-process               $0                $0                 $0

Current costs                         $486,000    $358,800     $844,800

Total cost in process             $486,000    $358,800     $844,800

Equivalent units in process       80,000        78,250

Cost per equivalent unit           $6.075        $4.585

d. Cost accounted for:

                                                Materials    Conversion         Total

Units completed                    $455,625      $343,875    $799,500

Ending work in process             30,375           14,901          45,276

Total costs accounted for     $486,000     $358,776     $844,776

Explanation:

a) Data and Calculations:

Units of product started in process during October 80,000 tons

Units completed and transferred to finished goods 75,000 tons

Ending work in process inventory, October ending   5,000 tons (80,000  - 75,000)

Machine hours operated 7,000

Direct materials costs incurred $486,000

Direct labor costs incurred $190,800

Manufacturing overhead cost = $168,000 (7,000 * $24)

Total conversion costs = $358,800 ($190,800 + $168,000)

Ending work in process 65% converted.

As Laura checks items off her meeting agenda and various individuals provide input and insight, she beams at her team. She is so proud of the work they do at her clinic every day. They have always been a very high performing team, and for that, she has always been thankful.
Select the statement that is true about high performing teams.
a) High performing teams are able to come up with more rapid solutions and have increased productivity.
b) High performing teams never face obstacles.
c) High performing teams should only have about 4-6 members.
d) High performing teams are most effective when all members share the same skills and experience.

Answers

Answer: a) High performing teams are able to come up with more rapid solutions and have increased productivity.

Explanation:

A high performing team is as the term implies, one that is productive. To be productive one has to be able to come up with solutions to problems as fast as possible and implement those solutions so as to continue or even increase production.

A high performing team is one that would do the above. Laura's team provides inputs and insights which means they come up with solutions and they also show up to work every day to be productive. They are indeed a high performing team.

Assume that Germany and China can produce beer and cloth. If the MPLc/MPLb for Germany is 2/5 and the MPLc/MPLb for China is 1, then Germany should: _______

Answers

Answer: c. specialize in producing beer and export beer.

Explanation:

As per the Theory of Competitive Advantage posited by David Ricardo, a country should specialize in the good that it has a competitive advantage in. A country has a competitive advantage if it incurs a less opportunity cost in producing the good.

Opportunity cost of producing beer for Germany = MPLc/MPLb = 2/5

Opportunity cost of producing beer for China = MPLc/MPLb = 1

Germany has a lower cost of producing beer so they should specialize in this and export it.

$100 compounded annually for two years at 3% interest would provide the investor with how much of a return?

a). $6.09

b). $3.03

c). $6.00

d). $3.00

e). None of these

Answers

i think the answer is B

Donna Clark has $15,000 that she can deposit into a savings account for five years. Bank A compounds interest annually, Bank B twice a year, and Bank C quarterly. Each bank has a stated interest rate of 5 percent. What account balance would Donna have at the end of the fifth year if she left all the interest paid on the deposit in each bank

Answers

Answer:

$19,144.22

$19,201.27

$19,230.56

Explanation:

The formula for calculating future value:

FV = P (1 + r) n

FV = Future value  

P = Present value  

R = interest rate  

N = number of years  

Bank A = 15,000(1.05)^5 = $19,144.22

Bank B = 15,000(1.05/2)^10 = $19,201.27

Bank C = 15,000(1.05/4)^20 = $19,230.56

A tractor acquired at a cost of $420,000 has an estimated residual value of $30,000, has an estimated useful life of 25,000 hours, and was operated 1,850 hours during the year. Determine the following. If required, round your answer for the depreciation rate to two decimal places. (a) The depreciable cost $fill in the blank 1 (b) The depreciation rate $fill in the blank 2 per hour (c) The units-of-output depreciation for the year

Answers

Answer:

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Answer:

Currently, the income statement for company reflects a total period cost for depreciation of $7,876,000

Discuss FOUR ways in which SAA could benefit from proper long-term planning.

Answers

Answer:

Explanation:

Planning is a core and fundamental step which should be done before embarking in a process, business or task. It could be used to project a short or long term engagement or task.

The benefits of long term planning could include :

Business having a long term plan shows a proactive sense of approach, that is it shows that the business has a blue print, a target and a defined goal which is being laid down in sequence, this ensures that they will have very few chances of making rash decisions due to market fluctuation or growth as d they are less proned to having a reactive agenda.

Similarly, With a laid down long term plan, this shows that there is a guide, a path, a set and defined target which the company aims to achieve with patience and tact. Thus ensures that the business has a well defined direction.

Also, It improves efficiency, the fact that developments to be made at each point or time has long been defined, then there is a dequate preparedness towards such target which in turn improves.

Long term strategic planning will ultimately lead to company's growth and drive profit due to sustained existence in the market and well guided and structure long term planning , leading to increased popularity and revenue drive.

Suppose the population of a country is 1.1 million and the labor force is 800,000. 760,000 are employed. Assume that full-employment occurs at a 4 percent unemployment rate at a real GDP level of $100 billion. Based on the information above, what is the unemployment rate

Answers

Answer: 5%

Explanation:

Unemployment rate = Number unemployed / Labor force * 100%

The number of people who are unemployed are:

= Labor force - Employed people

= 800,000 - 760,000

= 40,000 people

Unemployment rate = 40,000 / 800,000 * 100%

= 5%

One way marketing intermediaries improve marketing efficiency is by reducing the number of exchange relationships necessary to move goods through the channel of distribution.
a) true
b) false

Answers

True you have to have a way to move things so other things can get better

Q1. What is recruitment? Explain 5 commonly used recruitment sources companies’ use?

Answers

Answer:

The top five most popular recruitment sources used by employers include (indicated by percentage of employers): General online job boards and websites (89%) Employee referrals (81%) Staffing agency or third-party recruiter (58%)

Explanation:

choose me to brainlist

Which of the following is not a traditional training method?
A) classroom lectures B) experiential exercises C) videoconferencing D) workbooks

Answers

B) Experimental Exercises

Assume you are Andy Pforzheimer, owner of Barcelona Restaurants, and you are involved in intense conflict with one of your restaurant managers. You realize that the conflict has escalated to the point at which it is no longer functional conflict and you wish to de-escalate it. Which of the following actions should you avoid to help de-escalate the conflict?

a. Stay focused on issues, not emotions
b. Communicate hostility verbally or through body language
c. Reject all requests from the Start
d. Raise your voice to get attention about important points

Answers

Answer:

Barcelona Restaurants

Actions to avoid to help de-escalate non-functional conflicts are:

b. Communicate hostility verbally or through body language

c. Reject all requests from the Start

d. Raise your voice to get attention about important points

Explanation:

While functional conflicts are viewed as positive and beneficial to an organization because of the role they play to improve performance, therefore, efforts should be made to de-escalate non-functional workplace conflicts.  The efforts should hover around adapting effective communication skills, avoiding immediate reactions, and setting appropriate parameters for acceptable conflicts.

State and explain types of economies?

Answers

The different kinds of economic systems are Market Economy, Planned Economy, Centrally Planned Economy, Socialist, and Communist Economies. All these are characterized by the ownership of the economics resources and the allocation of the same.

Answer:

There are three main types of economies: free market, command, and mixed. The chart below compares free-market and command economies; mixed economies are a combination of the two. Individuals and businesses make their own economic decisions.The way scarce resources get distributed within an economy determines the type of economic system. There are four different types of Economic Systems; a traditional economy, a market economy, a command economy, and a mixed economy. Each type of economy has its own strengths and weaknesses.Apr 20, 2020

Oregon Forest Products will acquire new equipment that falls under the five-year MACRS category. The cost is $500,000. If the equipment is purchased, the following earnings before depreciation and taxes will be generated for the next six years. Use Table and calculate your final answer using the formula and financial calculator methods.
Earnings before Depreciation
Year 1 $160,000
Year 2 215,000
Year 3 125,000
Year 4 89,000
Year 5 78,000
Year 6 44,000
The firm is in a 20 percent tax bracket and has a 12 percent cost of capital. Calculate the net present value.

Answers

Explanation:

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Answer:

to the end of the sixth year;

b/ The number of years required before the capital stock exceeds $200 000.

The financial staff of Cairn Communications has identified the following information for the first year of the roll-out of its new proposed service:

Projected sales $24 million
Operating costs (not including depreciation) $7 million
Depreciation $4 million
Interest expense $3 million

The company faces a 40% tax rate. What is the project's operating cash flow for the first year (t=1)?

Answers

Answer:

$11.8 million

Explanation:

Particulars                             Amount

Sales                                      $24 million

Less: Operating costs           $7 million

Less: Depreciation                $4 million

EBIT                                        $13 million

Less: Tx at 40% on EBIT       $5.2 million

Net income before interest  $7.8 million

Add: Depreciation                 $4 million

Operating cash flow             $11.8 million

When President Obama was president he had discussed raising income taxes for individuals earning over $250,000 in income. Explain how these higher income taxes will affect the aggregate demand curve. What variables cause the short-run aggregate supply curve to shift

Answers

Answer:

A) Higher income taxes will cause a decrease in disposable income and this will affect personal expenditure which will cause the aggregate demand curve to shift leftwards ( decrease in price level and real GDP )

B)

i) Change in input price

ii) Change in production cost

iii) Increase in labor supply or increase in capital stocks

Explanation:

A) Effects of higher income taxes on aggregate demand curve

i) Higher income taxes will cause a decrease in disposable income and this will affect personal expenditure which will cause the aggregate demand curve to shift leftwards ( decrease in price level and real GDP )

B) The factors that will cause the short-run aggregate supply curve to shift

a) Change in input price

b) Change in production cost

c) Increase in labor supply or increase in capital stocks

hãy lựa chọn 1 công ty sử dụng dịch vụ nghiên cứu của marketing của các nhà cung cấp bên ngoài.
1. tìm hiểu lý do công ty phải thuê ngoài
2. những tổ chức nào đã cung cấp dịch vụ marketing cho công ty?
3. công ty thuê một phần hay thuê toàn bộ các hoạt động nghiên cứu marketing

Answers

Answer:

may I know which language

what the term economic environment means​

Answers

Answer:

gracias por los puntosdssss

Answer:

All external economic factors that influence consumers(buyer) and businesses, affect the performance of companies.

Explanation:

For a given single sum invested at 8% for four years, how will the future value be affected if the compounding period is changed from quarterly to annually?

Answers

Answer:

Future Value will increase

Explanation:

Future Value = Present Value (PV)*(1 + i)^n

Let Amount  be $10,000

Interest = 12% compounded annually

Period = 4

Future Value = $10,000 * (1 + 12%)^4

Future Value = $15,735.19

Let Amount  be $10,000

Interest = 12% compounded quarterly

Period = 4 (4*4)

Future Value = $10,000*(1 + 3%)^16

Future Value = $16,047.06

Conclusion: The future value will increase.

Rosalia White will invest $3,000 in an IRA for the next 30 years starting at the end of this year. The investment will earn 13 percent annually. How much will she have at the end of 30 years

Answers

Answer:

$879,597.65  

Explanation:

The future value of an ordinary annuity formula is applicable in this case, since an ordinary annuity is such that payments into the accounts are expected to occur at the end of the periods rather than at the beginning of each year:

FV=yearly payment*(1+r)^n-1/r

yearly payment=$3,000

r=13%

n=number of annual payments =30

FV=$3000*(1+13%)^30-1/13%

FV=$3000*(1.13)^30-1/0.13

FV=$3000*(39.11589796-1)/0.13

FV=$3000*38.11589796/0.13

FV=$879,597.65  

giá trị của hàng hóa được quyết định bởi đâu?

Answers

Answer:

Giá trị của hàng hóa được quyết định bởi: ► Lao động của người sản xuất hàng hóa kết tinh trong hàng hóa. ► Sự hao phí sức óc, bắp thịt, thần kinh của con người. ☺ Lao động trừu tượng của người sản xuất hàng hóa kết tinh trong hàng hóa. ► Quan hệ cung cầu về hàng hóa ở trên thị trường.

Explanation:

20 points to the best one !!

Answers

Answer:

The answer is "Knowledge discovery & predictions category or anomalous detention assessment or Data mining".

Explanation:

Regression is a type of analysis in which some parameters' relationships are determined by the values of other variables, whereas departure detection is a type of analysis wherein the goal is to find changes in data from previously observed values. Enigma detaining analysis, often known as knowledge discovery analysis, is a sort for anomaly incarceration analysis, while regression is classed as a forecast.

Erica Shotwell's company pays her $18.92 per hour for regular time up to 40 hours, and time-and-a-half for overtime. Her time card for Monday through Friday last week had 8.3 8.8, 7.9, 9.4, and 10.6 hours. What was Erica's gross pay?

Answers

Answer:

Erica Shotwell's Company

Erica's gross pay for working 45 hours during the last week is:

= $898.70

Explanation:

a) Data and Calculations:

Regular pay per hour = $18.92

Overtime pay per hour = $28.38 ($18.92 * 1.5)

Week Day        Hours worked

Monday                      8.3

Tuesday                     8.8

Wednesday               7.9

Thursday                   9.4  

Friday                       10.6

Total hours worked 45

Regular pay = 40 * $18.92 =         $756.80

Overtime pay = 5 * $28.38 =            141.90

Erica's gross pay for the week = $898.70

Standard and actual costs for direct materials for the manufacture of 1,000 units of product were as follows:
Actual costs 1,550 lbs. at $9.10
Standard costs 1,600 lbs. at $9.00
Determine the (a) quantity variance, (b) price variance, and (c) total direct materials cost variance. Enter favorable variances as negative numbers.
a. Quantity variance $______
b. Price variance $______
c. Total direct materials cost variance

Answers

Answer and Explanation:

The computation is shown below;

a.

Materials quantity variance is

= (Actual quantity used × Standard price) - (Standard quantity allowed × Standard Price)]

= (1550 × 9.00) - (1600 × 9.00)

= $(450.00)

= $450 favorable

b.

Direct materials price variance is  

Materials Price Variance = (Actual quantity purchased × Actual price) - (Actual quantity purchased × Standard price)

= (1550  × 9.10) - (1550 ×$9.00)

= $155

= $155 unfavorable

c.  

Total direct materials cost variance is

= Materials quantity variance + Direct materials price variance

= -$450 + $155

= -$295

= $295 Favorable

The San Pedro Company forecasts that total overhead for the current year will be $10,000,000 and that total machine hours will be 200,000 hours. Year to date, the actual overhead is $8,000,000 and the actual machine hours are 100,000 hours. If the company uses a predetermined overhead rate based on machine hours for applying overhead, what is that overhead rate

Answers

Answer:

the  overhead rate is $50 per machine hour

Explanation:

The computation of the overhead rate is shown below:

Predetermined overhead rate

= Estimated total Overhead ÷ Estimated total machine hour

= $10,000,000 ÷ 200,000 hours

= $50 per machine hour

hence, the  overhead rate is $50 per machine hour

The same should be considered and relevant

urrent Attempt in Progress Wildhorse Chemicals management identified the following cash flows as significant in its year-end meeting with analysts: During the year Wildhorse had repaid existing debt of $317,900 and raised additional debt capital of $645,200. It also repurchased stock in the open market for a total of $44,750. What is the net cash provided by financing activities

Answers

Answer:

$282,550

Explanation:

Calculation to determine the net cash provided by financing activities

Using this formula

Net cash provided by financing activities= Additional debt capital -Repaid existing debt- Repurchased stock

Let plug in the formula

Net cash provided by financing activities=$645,200-$317,900-$44,750

Net cash provided by financing activities=$282,550

Therefore the net cash provided by financing activities is $282,550

Howard Bowen is a large-scale cotton farmer. The land and machinery he owns has a current market value of $11 million. Bowen owes his local bank $9 million. Last year Bowen sold $10 million worth of cotton. His variable operating costs were $8 million; accounting depreciation was $40,000, although the actual decline in value of Bowen's machinery was $60,000 last year. Bowen paid himself a salary of $50,000, which is not considered part of his variable operating costs. Interest on his bank loan was $400,000. If Bowen worked for another farmer or a local manufacturer, his annual income would be about $30,000. Bowen can invest any funds that would be derived if the farm were sold to earn 10% annually. (Ignore taxes.)

Required:
a. What is Bowen's accounting profit?
b. What is Bowen's economic profit?

Answers

Answer:

A. $1,510,000

B. -$10,000

Explanation:

a. Calculation to determine Bowen’s Accounting profits

Using this formula

Accounting profits = Total revenue - Explicit cost

Let plug in the formula

Accounting profit = $10 million - $8 million - $40,000 - $400,000 - $50,000

Accounting profit= $1,510,000

Therefore Bowen’s Accounting profits is $1,510,000

b. Calculation to determine Bowen’s Economic profit

Using this formula

Economic profits = Accounting profit - Implicit cost

Let plug in the formula

Economic profits = $1,510,000 - [($11,000,000*0.1) + $30,000 + ($60,000 - $40,000)]

Economic profits =$1,510,000 - [$1,100,000+ $30,000 + $60,000 - $40,000)]

Economic profits =$1,510,000-$1,150,000

Economic profits =-$10,000

Therefore Bowen’s Economic profit is -$10,000

What is divisional structure in organization?​

Answers

Explanation:

The divisional structure is a type of organizational structure that groups each organizational function into a division. ... Each division contains all the necessary resources and functions within it to support that product line or geography (for example, its own finance, IT, and marketing departments)

Answer:

The divisional structure is a type of organizational structure that groups each organizational function into a division. ... Each division contains all the necessary resources and functions within it to support that product line or geography (for example, its own finance, IT, and marketing departments).

The balance sheet for Dresser Corporation at December 31, 2020, showed the following subtotals: Current liabilities 145,000 Property, plant and equipment 190,000 Total stockholders’ equity 290,000 Retained earnings 150,000 Total liabilities 220,000 Other long-term assets 150,000 Based on the above data, calculate the following amounts : 1. Current assets 2. Long-term liabilities 3. Contributed capital 4. Total liabilities and stockholders’ equity"

Answers

Answer and Explanation:

The computation is shown below;

1. The current asset is

= Total stockholder equity + total liabilities -  Property, plant and equipment  - Other long-term assets

= $290,000 + $220,000 - $190,000 - $150,000

= $170,000

2. The long term liabilities is

Total liabilities = current liabilities + long term liabilities

$220,000 = $145,000 + long term liabilities

SO, the long term liabilities is

= $220,000 - $145,000

= $75,000

3. The contributed capital is

Total stockholder equity = contributed capital + retained earnings

$290,000 = contributed capital = $150,000

So, the contributed capital is

= $290,000 - $150,000

= $140,000

4. Total liabilities and stockholders’ equity is

= total liabilities + stockholder equity

= $220,000 + $290,000

= $510,000

we flew to ___Dublin Airport in ___ Ireland. correct determiners​

Answers

Answer:

we flew to the Dublin Airport in the Ireland

Other Questions
Someone help me with this question Kendra bought a gallon of milk and StartFraction 5 over 6 EndFraction of a pound of oranges. If the gallon of milk cost $3.60 and she spent a total of $4.35, which equation can be used to determine x, the cost of a pound of oranges?3.60 + StartFraction 5 over 6 EndFraction x = 4.354.35 + StartFraction 5 over 6 EndFraction x = 3.603.60 x + StartFraction 5 over 6 EndFraction = 4.354.35 x + StartFraction 5 over 6 EndFraction = 3.60 What is the solution to the system of equations?One-fourth x minus one-half y = 8 One-half x + three-fourths y = negative 5 (8, 12)(8, 12)(8, 12)(8, 12) 1. What did the man think when the boy did not return at once? ________________________________________________________________2. What took the boy too long to return? ________________________________________________________________3. What do you think the man felt after knowing it? Why? ___________________________________________________________________________________________________________________________4. Doeshis experience reflect bias or prejudice? Why? ______________________________________________________________________________________5. How can we avoid this kind of situation? ________________________________________________________________________________________________Need answers now ASAP 95 students choose to attend one of three after school activities: football, tennis or running.There are 55 boys.35 students choose football, of which 18 are girls.30 students choose tennis.14 girls choose running.A student is selected at random.What is the probability this student chose running?Give your answer in its simplest form. What do good speakers do to help their listeners understand an unfamiliar topic? Combine a sentence using non-defining relative clause The value of euro dropped suddenly. It's the official currency of Europe. Which best describes velocity? A. 15 miles an hourB. 15 miles an hour going west.C. Speeding up from 10 to 15 miles an hour.D. Going 15 miles an hour for 2 hours. Oakton Manufacturing makes two types of rocking chairs specifically designed for men and women known as the His and Hers models. Each chair requires four legs and two rockers but differing numbers of wooden dowels. Each His chair requires four short dowels and eight long dowels while each Hers chair requires eight short dowels and four long dowels. Each His chair contributes $10 in profit while each Hers chair contributes $12. The company has 900 legs, 400 rockers, 1200 short dowels, and 1056 long dowels available. The company wants to maximize its profit while also ensuring that it makes at least half as many His chairs as Hers chairs.Required:a. Formulate an LP model for this problem.b. Sketch the feasible region for this problem.c. Find the optimal solution. On Monday the temperature was 12C. On Tuesday it decreased by 12C. Which expression can be used to represent this situation? Describe the profession you would like to have in the future. What do you need to do in order to have that profession? Why is that profession interesting to you? What are the advantages and disadvantages of that profession? The graph shows the function f(x) = 2*.What is the value of x when f(x) = 8?a ) 0b) 3c) 1d) 2 Read the procedural text.What question will a reader who is unfamiliar withscientific equipment most likely ask?AlbePreparing a Wet-Mount SlidePurpose: to view aquatic specimens under a microscopeby suspending them in fluidWhat is a pipette and a concave slide?O How long does the procedure take?O Why do people prepare wet-mount slides?What is the purpose of the paper towels?Materials: concave slide, cover slip, water, tweezers,pipette, paper towels, specimenSteps in the procedure:1. Use pipette to place a drop of water in the concave centerof the slide2. Use tweezers to position the specimen in liquid.3. Place one side of the cover slip on slide at the edge ofthe concave center4. Lower the cover slip slowly over the center and removeany water with the towel. This is for Algebra 2 please someone help T^T Nishi invests 4700 at 6% interest per year. Work out how much she will have altogether after: 2 years- 5 years- 7 years- 10 years- What effect can mutations have on a virus? Define and explain SMART? Which word means "a quotation at the beginning of a novel? a letter to my friend in abroad telling him problems facing my country g A wife (30 years old) spends five hours a week sending bills to her husband s customers. She is not paid for her work. She spends the rest of her time as a full-time homemaker. She would be classified as