Anew Health Care Company Reports Net Income of $200,000 and Depreciation

question 88

Multiple Choice

Anew Health Care Company reports net income of $200,000 and Depreciation Expense of $20,000 for the year ending December 31,2015.No long-term assets were sold or exchanged during 2015.They also have the following data available: Using the indirect method,what is the net cash provided (or used) from operating activities for the year ending December 31,2015?

• A)$70,000
• B)$90,000
• C)$120,000
• D)$190,000

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Definitions:

Piaget

Jean Piaget was a Swiss psychologist known for his work on child development and cognitive development theory.

Moral Judgments

Evaluations or decisions about the rightness or wrongness of actions, often guided by societal norms and personal values.

Psychological Reasoning

Psychological reasoning involves the process of using logical, rational thinking and mental activities to understand human behavior and cognitive processes.

Moral Intuitions

Immediate, gut-level feelings that guide judgments of right and wrong without conscious reasoning.