Flynn Company Reported a Net Loss of $40,000 for the Year

question 84

Multiple Choice

Flynn Company reported a net loss of $40,000 for the year ended December 31, 2014. During the year, accounts receivable decreased $20,000, inventory increased $32,000, accounts payable increased by $40,000, and depreciation expense of $20,000 was recorded. During 2014, operating activities

• A) used net cash of $8,000.
• B) used net cash of $32,000.
• C) provided net cash of $8,000.
• D) provided net cash of $32,000.

---

Definitions:

Patient's Anxiety

A condition where the patient experiences feelings of worry, unease, or fear, often about their health or treatment.

Physician

A medical expert dedicated to the promotion, preservation, or recovery of health by engaging in the study, diagnosis, prognosis, and therapy of illness, injury, and various physical and mental conditions.

Electrocardiogram

A diagnostic test that measures the electrical activity of the heart to identify various heart conditions.

Electrical Impulses

Rapid, transient bursts of electric activity transmitted along neurons or muscle fibers, facilitating communication and function.