The Following Information Should Be Used to According to the Provisions

question 58

Multiple Choice

The following information should be used to according to the provisions of GAAP (Statement of Cash flows) and using the following data. $$\begin{array} { l r } \text { Net income } & \$ 50,000 \\\text { Provision for bad debts } & 2,000 \\\text { Increase in inventory } & 1,000 \\\text { Increase in accounts payable } & 2,000 \\\text { Purchase of new equipment } & 15,000 \\\text { Sale of equipment for } \$ 10,000 \text { gain } & 20,000 \\\text { Depreciation expense } & 5,000 \\\text { Repurchase of common stock } & 10,000 \\\text { Payment of dividend } & 4,000 \\\text { Interest payment } & 3,000\end{array}$$
-What is net cash flow from operations?

• A)$58,000
• B)$55,000
• C)$54,000
• D)$48,000

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Definitions:

Right to Commit Suicide

The controversial concept suggesting an individual has the liberty to choose to end their own life.

Pro-suicide Websites

Online platforms that promote or provide information on methods of suicide, often criticized for their potential to encourage self-harmful behaviors.

Clinical Depression

a more severe form of depression, also known as major depressive disorder, characterized by persistent feelings of sadness, hopelessness, and a lack of interest or pleasure in activities.

Intense Competition

A highly competitive environment where entities vie aggressively for resources, market share, or victory, often leading to significant stress and innovation.