Clark Company Uses the Indirect Method to Prepare Its Statement

question 146

Multiple Choice

Clark Company uses the indirect method to prepare its statement of cash flows. Refer to the following information for the year 2015. Net cash provided by operating activities: $39,000
Net cash used for investing activities: $(25,000)
Net cash provided by financing activities: $1,200
How much was the net change in cash during the year?

• A)$(15,200)
• B)$37,800
• C)$15,200
• D)$(13,500)

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Definitions:

Respiratory Distress

A condition involving difficulty breathing and inadequate oxygenation of the blood, potentially leading to respiratory failure if not promptly treated.

Nonrebreathing Face Mask

A mask used to deliver high concentrations of oxygen to patients, preventing the inhalation of exhaled gases.

Simple Face Mask

A basic form of protective face covering, typically used in medical settings, that covers the nose and mouth.

Arterial Blood Gas

A diagnostic test that measures the levels of oxygen, carbon dioxide, and acidity (pH) in arterial blood, used to assess lung function and gas exchange.