In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income$52,000Accounts payable decreased by 18,000Accounts receivable increased by 25,000Inventories increased by 5,000Depreciation expense 30,000Net cash provided by operating activities was:
A. $60,000.
B. $34,000.
C. $70,000.
D. $80,000.
E. $52,000.
Answer: B
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A) 6 B) 30 C) 60 D) 90 E) 150
The two major citizen action movements to keep businesses in line are ________
A) consumerism and environmentalism B) protectionism and materialism C) consumerism and protectionism D) liberalism and monetarism E) innovation and predatory pricing
(CMA adapted, Jun 90 #21) Regarding the information for Ramer Company and Matson Company, assume that some of the ratios and data for Ramer and Matson are affected by income taxes. Assuming no interperiod income tax allocation, which of the following items would be directly affected by income taxes for the period?
a. debt-equity ratio and dividend payout ratio b. current ratio and debt-equity ratio c. return on investment and earnings per share d. interest coverage ratio and current ratio e. none of the above
The pervasiveness of crises in society has made public relations best known for crisis management
Indicate whether the statement is true or false