Christopher Corp

question 105

Multiple Choice

Christopher Corp.is preparing its statement of cash flows using the indirect method.It provides the following information about transactions for the year:
Plant assets,net-beginning balance: $108,000
Plant assets,net-ending balance: $149,000
Equipment was purchased for $67,000.
Equipment with a net asset value of $12,000 was sold for $19,000.
Depreciation Expense of $19,000 was recorded during the year.
What was the amount of net cash provided by (used for) investing activities?

• A)$(48,000)
• B)$48,000
• C)$(67,000)
• D)$(41,000)

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Definitions:

Work Schedules

The allotted times and periods assigned for work activities and tasks.

Night Shifts

Night shifts are work periods scheduled during the nighttime, often requiring employees to work through the late hours until the morning.

Job Rotation

A human resources strategy that involves periodically moving employees among varied jobs to enhance skills and motivation.

Job Sharing

A work arrangement where two or more people divide the hours, responsibilities, and duties of a full-time position among themselves.