Bagrov Corporation Had a Net Decrease in Cash of $10,000

question 188

Multiple Choice

Bagrov Corporation had a net decrease in cash of $10,000 for the current year.Net cash used in investing activities was $52,000 and net cash used in financing activities was $38,000.What amount of cash was provided (used) in operating activities?

• A)$100,000 provided.
• B)$(100,000)used.
• C)$80,000 provided.
• D)$(80,000)used.
• E)$(10,000)used.

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Definitions:

Reasonable Person Standard

A legal benchmark used to determine how an average person would responsibly act in certain circumstances.

Physical Disabilities

Conditions that limit a person's physical capacity, ranging from mobility issues to dexterity or sensory impairments.

Emergency Situations

Circumstances that pose an immediate risk to health, life, property, or environment, requiring urgent intervention to prevent worsening of the situation.

Comparative Negligence

A legal doctrine that allocates damages based on the proportion of fault attributable to each party involved in an accident or injury.