Smithson corp. had the following selected balance sheet changes for the past year:

assets increase (decrease)

cash $47,000

accounts receivable $10,000

inventory $15,000

prepaid expenses ($7,000)

accumulated depreciation $11,000

liabilities increase (decrease)

accounts payable $20,000

wages payable ($12,000)

taxes payable $9,000

the company's net income during the year was $35,000. what is the net cash provided by operating activities during the year on the statement of cash flows using the indirect method?
a) $22,000 b) $46,700 c) $101,700 d) $15,000

Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes

Determining effects of stock splits oracle corp has had the following stock splits since its inception. effective date split amount october 12, 2000 2 for 1 january 18, 2000 2 for 1 february 26, 1999 3 for 2 august 15, 1997 3 for 2 april 16, 1996 3 for 2 february 22, 1995 3 for 2 november 8, 1993 2 for 1 june 16,1989 2 for 1 december 21, 1987 2 for 1 march 9, 1987 2 for 1 a. if the par value of oracle shares was originally $2, what would oracle corp. report as par value per share on its 2015 balance sheet? compute the revised par value after each stock split. round answers to three decimal places.

Which of the following events could increase the demand for labor? a. an increase in the marginal productivity of workers b. a decrease in the amount of capital available for workers to use c. a decrease in the wage paid to workers d. a decrease in output price