In Preparing a Company's Statement of Cash Flows for the Most

question 237

Multiple Choice

In preparing a company's statement of cash flows for the most recent year using the indirect method,the following information is available: $\begin{array}{lr}\text { Net income for the year was } & 52,000 \\\text { Accounts payable increased by } & 18,000 \\\text { Accounts receivable decreased by } & 25,000 \\\text { Inventories decreased by } & 5,000 \\\text { Cash dividends paid were } & 14,000 \\\text { Depreciation expense was } & 20,000\end{array}$ Net cash provided by operating activities was:

• A)$120,000.
• B)$71,000.
• C)$70,000.
• D)$24,000.
• E)$110,000.

Recognize the significance of specific genes and their variants in the study of human evolution and differences between humans and extinct species such as Denisovans and Neanderthals.

Describe the function and evolutionary significance of the globin genes and their expression in different tissues.

Analyze the importance of noncoding DNA in the human genome and its comparison with model organisms.

Understand the role of transposable elements in the genome and their impact on genetic variability.

---

Definitions:

Futures Contract

A standardized legal agreement to buy or sell something at a predetermined price at a specified time in the future.

Forward Contract

A non-standardized contract between two parties to buy or sell an asset at a specified future time at a price agreed upon today.

Settlement Date

The date on which a trade or transaction must be finalized with the transfer of the asset and payment completed.

Risk Of Default

The possibility or likelihood that a borrower will not be able to meet debt obligations, leading to financial losses for the lender.