Use the Following Information and the Indirect Method to Calculate

question 38

Multiple Choice

Use the following information and the indirect method to calculate the net cash provided or used by operating activities: $$\begin{array} { l | r } \text { Net income } & \$ 85,300 \\\hline \text { Depreciation expense } & 12,000 \\\hline \text { Increase in merchandise inventory } & 2,050 \\\hline \text { Increase in accounts payable } & 6,150 \\\hline\end{array}$$

• A)$85,700.
• B)$69,900.
• C)$93,900.
• D)$108,900.
• E)$81,600.

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Definitions:

Psychologists

Professionals who study cognitive, emotional, and social processes and behavior by observing, interpreting, and recording how individuals relate to one another and their environments.

Increasingly Introverted

A trend or process where an individual becomes more focused on their internal thoughts and feelings rather than external stimuli.

Pessimistic Outlook

A tendency to expect the worst possible outcome or to emphasize the most negative aspects of any situation.

Abusive Environment

A setting where an individual is subjected to harmful, violent, or demeaning behavior, often leading to psychological, physical, or emotional damage.