Which of the Following Could Account for a Firm That

question 31

Multiple Choice

Which of the following could account for a firm that has a negative net income,yet has a positive amount of cash provided by operations?

• A) The net loss was greater than the amount of depreciation expense.
• B) Inventory increased significantly more than accounts payable.
• C) Accounts receivable decreased by significantly more than accounts payable.
• D) The cash balance increased significantly.

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Definitions:

Menial Positions

Jobs that require little to no formal training or education and are often characterized by lower wages and status, typically involving manual labor or routine tasks.

Capitalism

Is the dominant economic system in the world. Private ownership of property and competition in the pursuit of profit characterize capitalist economies.

Social Mobility

The movement of individuals or groups within or between social strata in a society.

Fluid Societies

Societies characterized by flexibility and adaptability in their social structures, allowing for greater mobility and change among their members.