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:

Productivity

A measure of the efficiency of production, often evaluated as the ratio of output to inputs in the manufacturing process.

Productivity Calculation

The process of measuring the efficiency of production, often quantified as the ratio of output to inputs used in the production process.

Productivity Definition

A measure of the efficiency of production, typically expressed as the ratio of outputs produced to inputs used.

Labor Cost

The total sum of all compensation that a business must pay to its employees, including wages, benefits, and taxes.