The Net Cash Provided by (Used In)operating Activities for the Year

question 37

Multiple Choice

The net cash provided by (used in) operating activities for the year was:

• A) $23
• B) $133
• C) $157
• D) $87

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Definitions:

Expenses

Outflows or the using up of assets or incurrence of liabilities from a company's activities intended to generate revenue.

End-Of-Period Spreadsheet

A tool used in accounting to gather all account balances at the end of an accounting period to prepare financial statements.

Dividends

Money paid out to shareholders by a business, generally coming from the business's profits.

Common Stock

A type of security that represents ownership in a corporation, giving holders voting rights and a share in the company's profits through dividends.