Use the Following Information for Questions

question 17

Multiple Choice

Use the following information for questions
Nelson Company experienced the following transactions during 2016,its first year in operation.
1.Issued $12,000 of common stock to stockholders.
2.Provided $4,600 of services on account.
3.Paid $3,200 cash for operating expenses.
4.Collected $3,800 of cash from accounts receivable.
5.Paid a $200 cash dividend to stockholders.
-The amount of net cash flow from operating activities shown on Nelson Company's 2016 statement of cash flows is

• A)$400.
• B)$600.
• C)$1,400.
• D)$1,200.

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Definitions:

Definition of Family

The conceptual or legal understanding of what constitutes a family, varying across different cultures and legal systems, often encompassing relationships by blood, marriage, or adoption.

Practitioner

A professional engaged in the practice of a particular occupation or profession, often in fields such as medicine, law, or social work.

One Family Member

A single person belonging to a family unit, which could imply specific roles, responsibilities, or the focus within family dynamics.

Diverse Cultures

A term referring to the wide range of cultural backgrounds, practices, values, and beliefs present within a population.