Hunter Company Reported a Net Loss of $6,000 for the Year

question 139

Multiple Choice

Hunter Company reported a net loss of $6,000 for the year ended December 31, 2014. During the year, accounts receivable decreased $14,000, inventory increased $10,000, accounts payable increased by $15,000, and depreciation expense of $12,000 was recorded. During 2014, operating activities

• A) used net cash of $7,000.
• B) used net cash of $25,000.
• C) provided net cash of $25,000.
• D) provided net cash of $37,000.

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Definitions:

Buyer Behaviour

The actions and decision processes of individuals or organizations in selecting, purchasing, using, and disposing of products and services.

Exchange Process

The act of giving one thing and receiving another, especially of a similar type, in the context of business, social, or interpersonal interactions.

Consumer Behaviour

The analysis of the ways in which individuals, collectives, or organizations pick, purchase, apply, and dispose of goods, services, experiences, or notions to satisfy requirements, and the consequences these ways have on consumers and the social environment.

Process

A series of actions or steps taken in order to achieve a particular end.