The Following Information Should Be Used to According to the Provisions

question 63

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 financing?

• A)$6,000
• B)$3,000
• C)($14,000)
• D)($17,000)

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Definitions:

Indirect Costs

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SWOT Analysis

A method of determining internal strengths and weaknesses and external opportunities and threats.

Strengths and Weaknesses

An assessment of the positive attributes and areas for improvement within an organization, project, or process, often used in strategic planning.

Maquiladoras

Mexican factories located along the U.S.–Mexico border that receive preferential tariff treatment.