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question 72

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Use the following information for questions.
The balance sheet data of Kohler Company at the end of 2011 and 2010 follow:
Land was acquired for $100,000 in exchange for ordinary shares, par $100,000, during the year; all equipment purchased was for cash.Equipment costing $10,000 was sold for $4,000; book value of the equipment was $8,000 and the loss was reported in net income.Cash dividends of $20,000 were charged to retained earnings and paid during the year; the transfer of net income to retained earnings was the only other entry in the Retained Earnings account.In the statement of cash flows for the year ended December 31, 2011, for Naley Company:
Use the following information for questions. The balance sheet data of Kohler Company at the end of 2011 and 2010 follow: Land was acquired for $100,000 in exchange for ordinary shares, par $100,000, during the year; all equipment purchased was for cash.Equipment costing $10,000 was sold for $4,000; book value of the equipment was $8,000 and the loss was reported in net income.Cash dividends of $20,000 were charged to retained earnings and paid during the year; the transfer of net income to retained earnings was the only other entry in the Retained Earnings account.In the statement of cash flows for the year ended December 31, 2011, for Naley Company:    -The net cash provided (used)  by investing activities was A) $26,000. B) $(40,000) . C) $(136,000) . D) $(36,000) .
-The net cash provided (used) by investing activities was

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Definitions:

Identity Development

The process through which individuals understand and realize their own identities, including personal, social, and cultural aspects.

James Marcia

A psychologist notable for his work on adolescent development, specifically his theory on identity achievement and identity statuses.

Crisis

A time of intense difficulty, trouble, or danger, requiring a decision that can result in significant change.

Identity

The characteristics, values, and beliefs that define an individual or group and distinguish them from others.

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