Statement of Cash Flows Zoe's Dog Biscuits,Inc

question 116

Multiple Choice

Statement of Cash Flows Zoe's Dog Biscuits,Inc.has net cash flows from operating activities for the last year of $226 million.The income statement shows that net income is $150 million and depreciation expense is $85 million.During the year,the change in inventory on the balance sheet was an increase of $14 million,change in accrued wages and taxes was an increase of $15 million and change in accounts payable was an increase of $10 million.At the beginning of the year the balance of accounts receivable was $45 million.What was the end of year balance for accounts receivable?

• A)$20 million
• B)$25 million
• C)$45 million
• D)$65 million

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Definitions:

Stress

refers to a state of mental or emotional strain resulting from adverse or demanding circumstances.

Historic Trauma

Psychological distress passed down through generations, resulting from catastrophic events experienced by ancestral groups.

Intergenerationally

Spanning or occurring between generations, often referring to the transmission of values, traditions, or skills.

Racial Microaggressions

Unconsciously delivered snubs, dismissive looks, gestures, and tones directed toward people of color that are pervasive and automatic in daily conversations and interactions as well as cumulative and detrimental to the emotional well-being of the individual. They appear in the form of microassaults, microinsults, and microinvalidation.