BTE Corporation has the following information available for 2011: Cash balance on 1/1/2011 $20,000 Cash balance on 12/31/2011 8,000 Net cash provided by operating activities 180,000 Net cash utilized by investing activities 160,000 The financing activity section of BTE's statement of cash flows would show:
A) net cash provided by financing activities of $32,000.
B) net cash utilized by financing activities of $32,000.
C) net cash utilized by financing activities of $8,000.
D) net cash provided by financing activities of $8,000.
B
You might also like to view...
The credit department uses accounts receivable master data to complete several of their activities
Indicate whether the statement is true or false
Describe the journal entries required to record the issuance of bonds at par and the payment of bond interest.
What will be an ideal response?
Franchising is not an appealing strategy for growth-oriented service firms because franchisees tend to be less motivated and less concerned about quality than managers in company-owned stores
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1.The situational model of leadership suggests that the effectiveness of a group is contingent on the relationship between the style of leadership and the degree to which the situation enables the leader to exert influence. 2.Achievement-oriented leadership is a style that involves consultation with subordinates and a serious consideration of their ideas before the leader makes a decision. 3.The psychological relationship between leaders and followers is cut through by tension and the potential for great antagonism. 4.The successful leader stimulates resonance among those who follow.