Creble Company Reported Net Income for 2018 in the Amount

question 92

Multiple Choice

Creble Company reported net income for 2018 in the amount of $40,000. The company's financial statements also included the following: $\begin{array}{lll}\text {Increase in accounts receivable }&\$4,000\\\text {Decrease in inventory }&2,000\\\text {Depreciation expense }&3,000\\\text {Gain on sale of equipment }&5,000\\\end{array}$
In the statement of cash flows what is net cash provided by operating activities under the indirect method?

• A) $36,000.
• B) $41,000.
• C) $40,000.
• D) $38,000.

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Definitions:

Proto-oncogenes

Normal genes that can become oncogenes if mutated or expressed at high levels, potentially leading to cancer.

Tumor Suppressor Genes

Genes that help regulate cell growth and division, and can prevent the development of tumors by repairing DNA, promoting cell death, or ensuring cells do not proliferate uncontrollably.

Apoptosis Initiator

A molecule or signaling pathway that triggers the process of programmed cell death, crucial for development and maintaining homeostasis.

Apoptosis

A form of programmed cell death that occurs in multicellular organisms, helping to eliminate cells that are no longer needed or are harmful.