Use the Following Information and the Indirect Method to Calculate

question 70

Multiple Choice

Use the following information and the indirect method to calculate the net cash provided or used by operating activities: $$\begin{array} { | l | r | } \hline \text { Cash paid for purchase of plart assets } & \$ 15,000 \\\hline \text { Decrease in interest payable } & 2,000 \\\hline \text { Depreciation expense } & 30,000 \\\hline \text { Gain caretirement of bonds } & 32,000 \\\hline \text { Increase in accounts } & 40,000\\\hline \text { Loss on sale of plart assets } & 5,000 \\\hline \text { Net Incorne } & 76,000 \\\hline\end{array}$$

• A) $22,000
• B) $117,000
• C) $69,000
• D) $37,000
• E) $91,000

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Definitions:

Semiautonomous Teams

Groups of workers who are given the freedom to manage their own processes and tasks within a project, though under some level of supervision.

Self-Managed Work Teams

Groups of employees who collectively manage their tasks, responsibilities, and decision-making processes without traditional managerial supervision.

Nonverbal Communication

The process of conveying a message without the use of words, involving gestures, body language, facial expressions, and other visual cues.

Supervision

The act of overseeing or directing work or tasks, often in a professional context to ensure quality and efficiency.