Harrison Company Uses the Indirect Method to Prepare Its Statement

question 22

Multiple Choice

Harrison Company uses the indirect method to prepare its statement of cash flows. Please refer to the following information for the year 2014:
• Retained earnings, beginning balance: $125,000
• Retained earnings, ending balance: $117,000
Company reported net loss of $8,000 for the year.
What was the amount of dividends paid during the year?

• A) $5,000
• B) $2,000
• C) Zero
• D) $3,000

Identify beginner-friendly exercises for sedentary individuals.

Recognize the importance and safety of exercise for adults with chronic diseases.

Explain the benefits of regular physical activity.

Understand the role of nutrition counselors in relation to exercise principles and client advising.

---

Definitions:

Independent Variable(s)

are the variables in an experiment that are manipulated to test their effect on dependent variables, allowing researchers to determine cause-and-effect relationships.

Internal Validity

The extent to which changes in the independent variable caused changes in the dependent variable.

Independent Variable

A variable in an experiment that is manipulated or changed by the researcher to observe its effect on the dependent variable.

Dependent Variable

In an experimental setting, it is the variable being tested and measured, expected to change as a result of manipulations to the independent variable.