Bernard, Inc

question 58

Multiple Choice

Bernard, Inc. prepares a statement of cash flows using the visual inspection method. In 2016, Bernard had net income of $54,000. In addition, the following information is available:
What net cash provided by operating activities should Bernard report in 2016?

• A) $46,000
• B) $72,000
• C) $49,000
• D) $50,000

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Definitions:

Immigration Restriction League

An organization founded in 1894 in the United States that advocated for limiting immigration into the U.S., particularly from certain ethnicities deemed less desirable.

Democratic Practices

Activities and procedures that embody the principles of democracy, including free elections, protection of rights, and participation of citizens.