Barrow Company Recorded the Following Cash Transactions for the Year

question 52

Multiple Choice

Barrow Company recorded the following cash transactions for the year: Paid $115000 for salaries.
Paid $40000 to purchase office equipment.
Paid $9000 for utilities.
Sold investments for cash of $5000.
Paid $11000 in dividends.
Collected $295000 from customers.
Issued shares for cash of $120000.
What was Barrow's net cash provided (used) by operating activities?

• A)($40000)
• B)$160000
• C)$131000
• D)$180000

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Definitions:

Nonconcealed observation

A method of observation in which the subjects are aware that they are being observed, potentially influencing their behavior.

Archival studies

Research methods that involve the examination and analysis of historical records and documents to understand past behaviors or trends.

Systematic observation

An observational research method where data is collected in a structured, organized, and methodical manner.

Reactivity

The influence that the process of measuring has on the subjects being measured, potentially affecting the results of a study.