Pare Company Reported a Net Loss of $30,000 for the Year

question 93

Multiple Choice

Pare Company reported a net loss of $30,000 for the year ended December 31, 2017. During the year, accounts receivable decreased $15,000, inventory increased $25,000, accounts payable increased by $30,000, and depreciation expense of $20,000 was recorded. During 2017, operating activities

• A) used net cash of $10,000.
• B) used net cash of $25,000.
• C) provided net cash of $10,000.
• D) provided net cash of $25,000.

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Definitions:

Visual Proprioception

The visual feedback that one gets from moving around, linked to the development of wariness of heights in infancy.

Pincer Grasp

The coordination of the thumb and forefinger to hold objects, a key milestone in fine motor skills development.

Fine Motor Skills

Skills involving the small muscles of the hands and fingers, such as writing, typing, or buttoning clothes.

Gross Motor Skills

Skills involving large muscle groups used in activities such as walking, running, and jumping.