Starfire Company Uses the Indirect Method to Prepare the Cash $\$ 4,000$

question 200

Multiple Choice

Starfire Company uses the indirect method to prepare the cash flow statement. Please refer to the following: Other information provided:
Current assets other than cash decrease by $\$ 4,000$ .
Current liabilities increase by $\$ 1,000$ . How much is the net cash flow provided by operations?

• A) $11,000 positive
• B) $11,000 negative
• C) $23,000 positive
• D) $1,000 negative

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Definitions:

Tyranny Of The Majority

A situation in a democracy where the majority's interests or decisions override and suppress the rights or interests of the minority.

Laissez-Faire Capitalism

Laissez-faire capitalism is an economic system where the government's intervention in business affairs is minimal, promoting a free-market environment where businesses operate with little to no regulation.

Economic Liberty

The freedom for individuals and businesses to operate and compete in a market with minimal government interference.

Economic Equality

A state within a society where individuals have equal access to wealth, opportunities, and resources, minimizing disparities.