Clark Coatings Company Uses the Indirect Method to Prepare Its

question 95

Multiple Choice

Clark Coatings Company uses the indirect method to prepare its statement of cash flows.Refer to the following information for the year 2017:
Net cash provided by operating activities: $42,000
Net cash used for investing activities: $(30,000)
Net cash provided by financing activities: $1,700
What is the net change in cash during the year?

• A)$(13,700)
• B)$40,300
• C)$13,700
• D)$(12,000)

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Definitions:

Family Impact

The influence that family dynamics and relationships have on an individual's development, behavior, and well-being.

Competing Influences

The presence of multiple factors or agents that exert opposing forces or impacts on an individual's behavior or decisions.

Personal Front

A term from Erving Goffman's dramaturgical analysis, referring to the expressive equipment of a standard kind intentionally or unwittingly employed by the individual during performances.

Looking-Glass Self

The Looking-Glass Self is a sociological concept that describes how an individual's self-image is shaped by how others perceive them, essentially seeing ourselves through the eyes of others.