Rogers Company Reported Net Income of $35,000 for the Year

question 95

Multiple Choice

Rogers Company reported net income of $35,000 for the year. During the year, accounts receivable increased by $7,000, accounts payable decreased by $3,000 and depreciation expense of $8,000 was recorded. Net cash provided by operating activities for the year is

• A) $53,000.
• B) $47,000.
• C) $33,000
• D) $37,000.

Recognize how different types of income, gains, and losses affect a taxpayer's Adjusted Gross Income (AGI).

Understand the conceptual basics of behavioral leadership styles including task and relationship behaviors.

Identify and differentiate between various leadership styles such as situational leadership, authority compliance, impoverished leadership, and team leadership.

Gain knowledge about the Leadership Grid and how it is used to evaluate and develop leadership behaviors.