Buster Company Reported a Net Loss of $9,000 for the Year

question 27

Multiple Choice

Buster Company reported a net loss of $9,000 for the year ended December 31, 2014. During the year, accounts receivable increased $21,000, inventory decreased $15,000, accounts payable decreased by $30,000, and depreciation expense of $15,000 was recorded. During 2014, operating activities

• A) used net cash of $30,000.
• B) used net cash of $42,000.
• C) provided net cash of $42,000.
• D) provided net cash of $27,000.

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Definitions:

Behavioral Contrast

A phenomenon in operant conditioning where a change in the condition of reinforcement for one behavior alters the rate of an alternative behavior.

Divorced Parents

The situation or status of parents who have legally ended their marriage.

Disruptive Behavior

Behavior that interferes with the normal flow of activities in a specific context, often seen as inappropriate or challenging.