Net Income for the Year Was $45,500

question 189

Multiple Choice

Net income for the year was $45,500. Accounts receivable increased $5,500, and accounts payable increased by $11,200. Under the indirect method, the cash flow from operations is

• A) $51,200
• B) $45,500
• C) $62,200
• D) $28,800

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Definitions:

Eyebrow Flick

An often subconscious facial gesture involving a quick raise and lower of the eyebrow, sometimes indicating interest or recognition.

Eibl-Eibesfeldt

Refers to Irenäus Eibl-Eibesfeldt, an ethologist known for his work in human behavior and evolutionary biology.

Aggressive Encounter

An interaction characterized by behaviors intended to harm or intimidate another individual, often driven by anger or hostility.

Courtship

The period in a relationship which precedes engagement and marriage, characterized by various social activities and efforts to win the affection of the partner.