Bath Works Had a Net Loss of $5,100 in 2014

question 4

Multiple Choice

Bath Works had a net loss of $5,100 in 2014. During the year, a gain of $4,000 was recognized on the sale of fully depreciated equipment that had cost $14,000 and had no salvage value. Depreciation expense during the year totaled $17,400. Changes in the following selected accounts occurred during the year: $$\begin{array} { l c } & \text { Increase/(Decrease) } \\\text { Accounts receivable } & \$ 6,500 \\\text { Inventory } & (3,200) \\\text { Interest payable } & 1,200 \\\text { Accounts payable } & (1,000) \\\text { Accumulated depreciation } & 3,400 \\\text { Notes payable } & (6,400) \\\text { Long-term investments } & (9,000) \end{array}$$ Using the indirect method, how much is the company's net cash provided(used) by operating activities?

• A) $15,800
• B) $9,200
• C) $8,800
• D) $5,200

Recognize the importance of environmental factors and community infrastructure in disease prevention.

Understand the historical development of public health initiatives and their impact on community health.

Analyze the role of government and non-governmental organizations in the advancement of public health.

Identify key figures and their contributions to public health and nursing.

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Definitions:

Work in Process Inventory

Items or materials that are partially completed in the production process, representing a company's unfinished goods.

Direct Materials

Raw materials that can be directly identified with the production of finished goods in a manufacturing process.

Direct Labor

Direct labor refers to the wages paid to workers directly involved in the production of goods or the delivery of services.

Factory Overhead

Costs associated with operating a factory that are not directly tied to a specific unit of production, such as maintenance, utilities, and salaries of supervisors.