Members of Generation Y are idealistic and eager to get started making the world a better place. One way they hope to achieve their goal is through ________.
A. educational reform
B. environmental sustainability
C. intergenerational dialogue
D. political activism
E. fiscal conservatism
Answer: B
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A company's income statement showed the following: net income, $132,000; depreciation expense, $39,000; and gain on sale of plant assets, $13,000. An examination of the company's current assets and current liabilities showed the following changes accounts receivable decreased $11,200; merchandise inventory increased $27,000; prepaid expenses increased $8000; accounts payable increased $5200. Calculate the net cash provided or used by operating activities.
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Indicate whether the statement is true or false