Use the Following Information for Questions

question 55

Multiple Choice

Use the following information for questions.
Harlan Mining Co.has recently decided to go public and has hired you as an independent CPA.One statement that the enterprise is anxious to have prepared is a statement of cash flows.Financial statements of Harlan Mining Co.for 2011 and 2010 are provided below.
The following additional data were provided:

-Under the direct method, the total taxes paid is

• A)$48,000.
• B)$20,000.
• C)$28,000.
• D)$68,000.

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Definitions:

Work Needs

Requirements or necessities that individuals seek to fulfill through their employment, such as income, satisfaction, and development opportunities.

Organizations

Entities comprising multiple people, such as corporations, governments, non-profits, and clubs, structured to achieve specific goals.

Manipulation And Co-optation

Strategies used by individuals or groups to influence others subtly or by bringing opposition into a supportive relationship through concessions.

Covert Influence

The act of subtly guiding or affecting another's decisions or behavior without their explicit awareness.