Use the Appropriate Information from the Data Provided Below to Calculate

question 2

Essay

Use the appropriate information from the data provided below to calculate the net cash provided (used)by operating activities for the period.
$\begin{array}{lr}\text { Net income } & \$ 113,000 \\\text { Accounts receivable increase (for the period) } & 24,000 \\\text { Inventory decrease (for the period) } & 19,000 \\\text { Proceeds from the issuance of long-term debt } & 260,000 \\\text { Accounts payable decrease (for the period) } & 11,000 \\ \text { Purchases of equipment } & 175,000 \\\text { Depreciation and amortization expense } & 42,000\end{array}$

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Definitions:

Terminal Values

End goals or objectives that individuals or organizations aim to achieve, reflecting their core beliefs and ideals.

Milton Rokeach

A psychologist known for his work on human values, attitudes, and belief systems.

Overcoming Obstacles

The act of finding solutions or ways to deal with problems or impediments that hinder progress.

Effective Goal-Setting

The process of identifying specific, measurable, achievable, relevant, and time-bound objectives that guide individuals or teams.