Shimko Corporation's Most Recent Comparative Balance Sheet and Income Statement

question 145

Multiple Choice

Shimko Corporation's most recent comparative balance sheet and income statement appear below: The company paid a cash dividend of $19 and it did not dispose of any property, plant, and equipment. The company did not issue any bonds payable or repurchase any of its own common stock. The following questions pertain to the company's statement of cash flows.The net cash provided by (used in) operating activities for the year was:

• A) $23
• B) $133
• C) $157
• D) $87

---

Definitions:

Steroid Therapy

A medical treatment involving the use of synthetic or natural steroid hormones to reduce inflammation and treat a variety of conditions.

Emergency Department

The area within a hospital geared towards providing immediate medical care to people with critical conditions.

Sharps Container

A puncture-resistant, leak-proof, and sealable container, used to safely dispose of needles, blades, and other sharp medical instruments to prevent injury and infection.

Injury Report

A document that records details of an injury sustained by a person, typically in the workplace or sports environment.