Selected Information from the 2018 and 2017 Accounting Records of Hinley

question 79

Multiple Choice

Selected information from the 2018 and 2017 accounting records of Hinley Roofing is provided below: $\begin{array}{lcc}&\text { Decem ber 31, }\\&2018&2017\\\text { Net cash provided (used) by operations } & \$ 38,000 & \$ 39,000 \\\text { Net cash provided (used) by investing activities } & (22,000) & 14,000 \\\text { Net cash provided (used) by financing activities } & (15,000) & (26,000) \\\text { Cash balance at end of year } & ? & 15,000\end{array}$ At the end of 2018, how much is Riddle's cash balance?

• A)$16,000
• B)$40,000
• C)$28,000
• D)$43,000

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Definitions:

Integrative process

A negotiation strategy focused on collaboration and finding mutually beneficial solutions for all parties involved.

Field analysis

A systematic examination of the context, stakeholders, and dynamics involved in a situation, often used to inform strategies or decisions.

Key parties

The main or most important individuals or groups involved in an event, situation, or decision-making process.

Closing the deal

The final actions or agreements required to conclude a business negotiation successfully.