LKN Company Reported Net Income of $90,000 for the Year

question 80

Multiple Choice

LKN Company reported net income of $90,000 for the year. During the year, accounts receivable increased by $6,000, accounts payable decreased by $4,000 and depreciation expense of $10,000 was recorded. Net cash provided by operating activities for the year is

• A)$100,000.
• B)$80,000.
• C)$82,000.
• D)$90,000.

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Definitions:

Cultural Differences

Variations in the practices, traditions, values, and beliefs among different cultures.

Negative Behavioral Consequences

Undesirable outcomes that result from certain actions or behaviors.

Extinction

A strategy to weaken a behavior by attaching no consequences to it.

Punishment

A strategy to discourage undesirable behavior by either bestowing negative consequences or withholding positive consequences.