The Following Information Should Be Used According to the Provisions

question 66

Multiple Choice

The following information should be used according to the provisions of GAAP (Statement of Cash flows) and using the following data.
$\begin{array}{lr}\text { Net income } & \$ 80,000 \\\text { Amortization of goodwill } & 2,000 \\\text { Decrease in accounts receivable } & 2,000 \\\text { Increase in inventory } & 3,000 \\\text { Purchase of marketable securities } & 13,000 \\\text { Sale of land for } \$ 10,000 \text { gain } & 11,000 \\\text { Depreciation expense } & 4,000 \\\text { Repayment of debt } & 8,000 \\\text { Payment of dividend } & 3,000 \\\text { Interest payment } & 2,000\end{array}$


-What is net cash flow from operations?

• A)$74,000
• B)$75,000
• C)$83,000
• D)$85,000

Explain the process and importance of action potential propagation in neurons.

Understand the structural and functional diversity of the vertebrate nervous system.

Comprehend the physiological basis of neural integration and the role of synapses.

Recognize the effects of external substances on neuron function.

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Definitions:

Market Price

The current price at which an asset or service can be bought or sold in the market.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, usually with dividends that are paid out before those to common stockholders.

Basic Earnings Per Share

A calculation that shows a company's profitability per share of stock by dividing net income by the weighted average number of common shares outstanding.

Weighted Average

Weighted average is a calculation that takes into account the varying degrees of importance of the numbers in a data set, used in accounting for inventory cost.