Serfleck Company Reports the Following Data for the Year Ending

question 111

Multiple Choice

Serfleck Company reports the following data for the year ending December 31,2015: There were no retirements of common stock in 2015.On the statement of cash flows(indirect method) ,what is the net cash provided by financing activities for the year ending December 31,2015?

• A)$45,000
• B)$55,000
• C)$60,000
• D)$70,000

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Definitions:

Reward Systems

Frameworks within organizations designed to recognize and compensate employees' achievements, contributions, and performance.

High-Performance Work Systems

A set of management practices designed to enhance employee skills, commitment, and productivity in a way that leads to improved competitiveness and success of an organization.

Sales Revenues

The total income generated from the sale of goods or services before any expenses are subtracted.