The Most Recent Balance Sheet and Income Statement of Oldaker

question 25

Multiple Choice

The most recent balance sheet and income statement of Oldaker Corporation appear below: The company paid a cash dividend of $42 and it did not dispose of any property,plant,and equipment.The company did not retire any bonds payable or repurchase any of its own common stock.The following questions pertain to the company's statement of cash flows. The net cash provided by (used in) operating activities for the year was:

• A)$168
• B)$8
• C)$152
• D)$229

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Definitions:

Fenestrated Capillaries

Capillaries with small pores in their endothelial lining allowing for increased permeability to fluids and small molecules, found in areas requiring extensive exchange such as in kidneys and endocrine glands.

Kidney

A pair of organs located in the abdominal cavity that filter blood, remove waste products, and regulate fluid balance.

Pancreas

A glandular organ in the digestive system that produces insulin, digestive enzymes, and other hormones.

Thoroughfare Channel

Channel for blood through a capillary bed from an arteriole to a venule.