(Appendix 14A) Van Beeber Corporation's Comparative Balance Sheet and Income

question 9

Multiple Choice

(Appendix 14A) Van Beeber Corporation's comparative balance sheet and income statement for last year appear below:
The company declared and paid $49,000 in cash dividends during the year. It did not sell or retire 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 cost of goods sold adjusted to a cash basis would be:

• A) $360,000
• B) $350,000
• C) $370,000
• D) $381,000

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A decade marked by significant global events including World War II and the beginning of the Cold War era.

1950s

The decade from 1950 to 1959, characterized by post-World War II recovery, the beginning of the Cold War, and significant cultural and technological changes in many parts of the world.