Profit for T Co

question 143

Multiple Choice

Profit for T Co. in 2013 was $59,156 (in thousands) . There was a deduction from profit on the statement of cash flows for $2,781 (in thousands) for the change in trade receivables. The trade receivables balance on December 31, 2013 was $79,024 (in thousands) . How much was the trade receivables balance on December 31, 2012?

• A) $56,375
• B) $76,243
• C) $61,937
• D) $81,805

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Definitions:

Embrace

To accept or support something enthusiastically or willingly.

Strategy

A plan of action designed to achieve a long-term or overall aim.

Party's Approach

The method or strategy adopted by a group involved in negotiations or any form of interaction.

Culturally Responsive Strategies

Approaches designed to respect and cater to the differences in norms, values, and practices among various cultural groups, especially in educational, social, and business contexts.