(Appendix 14A) Van Beeber Corporation's Comparative Balance Sheet and Income

question 26

Multiple Choice

(Appendix 14A) Van Beeber Corporation's comparative balance sheet and income statement for last year appear below:
The company declared and paid $49,000 in cash dividends during the year. It did not sell or retire any property, plant, and equipment during the year. The company uses the direct method to determine the net cash provided by (used in) operating activities.
-On the statement of cash flows,the selling and administrative expense adjusted to a cash basis would be:

• A) $201,000
• B) $166,000
• C) $254,000
• D) $210,000

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Definitions:

Repulsion

A force that pushes objects away from each other, often used in the context of magnetic fields where like poles repel.

Direction

In context to electrical and magnetic fields, it refers to the path along which something moves, points, or faces.

Principle Parts

The essential components or sections of a mechanism or system that are critical to its functioning.

Atom

The smallest constituent unit of ordinary matter that constitutes a chemical element.