Buckley Corporation's most recent comparative balance sheet appears below:Comparative Balance Sheet Ending BalanceBeginning BalanceAssets: Cash and cash equivalents$19 $20 Accounts receivable 26 27 Inventory 56 51 Property, plant, and equipment 686 550 Less accumulated depreciation 430 363 Total assets$357 $285 Liabilities and stockholders' equity: Accounts payable$30 $34 Bonds payable 43 40 Common stock 54 50 Retained earnings 230 161 Total liabilities and stockholders' equity$357 $285 ?The company's net income for the year was $91 and it paid a cash dividend of $22. It did not dispose of any property, plant, and equipment during the year. The company did not retire any bonds payable or repurchase any of its own common
stock.The net cash provided by (used in) operating activities for the year was:
A. $150
B. $59
C. $32
D. $130
Answer: A
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a. $ 800 b. $ 600 c. $ 200 d. $ -0-
Anole Company was incorporated as a new business on January 1, 2016 . The company is authorized to issue 20,000 shares of $5 par value common stock and 10,000 shares of 6%, $10 par value, cumulative, participating preferred stock. On January 1, 2016, the company issued 8,000 shares of common stock for $15 per share and 2,000 shares of preferred stock for $30 per share. Net income for the year
ended December 31, 2016, was $375,000. Refer to the information about Anole Company. Anole's total stockholders' equity reported on the balance sheet at December 31, 2016, is a. $60,000. b. $120,000. c. $180,000. d. $555,000.
Visual data provides a clear picture to readers, enabling them to form correct opinions about the data.?
Indicate whether the statement is true or false
Troy establishes the following goal: "I am going to be a great success in my job next year." The biggest flaw in his goal is that it
A) is not specific enough. B) will not stretch him. C) is too negative. D) is set for different time periods.