Use the Following Information for Questions

question 94

Multiple Choice

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 financing activities was

• A)$ -0-.
• B)$(20,000).
• C)$(40,000).
• D)$60,000.

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.