(Appendix 14A) the Changes in Northrup Corporation's Balance Sheet Account

question 50

Multiple Choice

(Appendix 14A) The changes in Northrup Corporation's balance sheet account balances for last year appear below:
The company's income statement for the year appears below:
The company declared and paid $28,000 in cash dividends during the year. It did not dispose of any property, plant, and equipment during the year. The company uses the direct method to determine the net cash provided by (used in) operating activities.
-On the statement of cash flows,the selling and administrative expense adjusted to a cash basis would be:

• A) $304,000
• B) $384,000
• C) $310,000
• D) $236,000

---

Definitions:

Imitation

The action of using someone or something as a model and attempting to replicate their behavior or actions.

One-Word Utterances

The early stage of child language development where single words are used to communicate a variety of meanings, reflecting significant cognitive development.

Morality

Principles concerning the distinction between right and wrong or good and bad behavior.

Emotions

Complex states of feeling that result in physical and psychological changes influencing thought and behavior.