Prejean Corporation's Most Recent Comparative Balance Sheet and Income Statement

question 3

Multiple Choice

Prejean Corporation's most recent comparative balance sheet and income statement appear below: Cash dividends were $32.The company did not retire or sell any property,plant,and equipment during the year.The net cash provided by (used in) operating activities for the year was:

• A)$45
• B)$87
• C)$177
• D)$189

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Definitions:

Sleep Aid

Products or practices that facilitate the onset of sleep or improve the quality of sleep, including medications, natural remedies, or behavioral techniques.

Opium

Substance derived from the opium poppy from which all narcotic drugs are derived.

Narcotics

Drugs that relieve pain and induce sleep, often used medically for pain relief, but can be subject to misuse and addiction.

Psychoactive Drugs

Substances that affect the mind, altering mood, perception, or brain function.