The net income for Cypress Inc. was $3,000,000 for the year ended December 31. Additional information is as follows: Depreciation on fixed assets $ 15,00,000
Gain from cash sale of land 2,00,000
Increase in accounts payable 3,00,000
Dividends paid on preferred stock 4,00,000
The net cash provided by operating activities in the statement of cash flows for the year ended December 31 should be
a. $4,200,000.
b. $4,500,000.
c. $4,600,000.
d. $4,800,000.

Mark knopf is an auditor who has been asked to provide an audit and financial statement certification for a company that is going public on the new york stock exchange. knopf wants to know his personal liability if the company provides him with inaccurate or false information. which of the following sources of law will him answer that question? a. the city ordinances where the company headquarters is located. b. the state constitution of the state where the company is incorporated. c. code of federal regulations. d. all of the above

One of your new suppliers, kim, has been hearing rumors about your firm’s lack of capability to deliver high quality products and writes an email asking you to address the claims being made. in replying to her, you want to be sure that you are very clear and leave no room for misinterpretation. which of the following aspects of effective communication should you give the most attention? (a) making sure you understand kim’s areas of expertise. (b) supporting your reply with relevant data and facts. (c) establishing your credibility as an expert. (d) paying attention to implied communications.

Richard is one of the leading college basketball players in the state of florida. he also maintains a good academic record. looking at his talent and potential, furman university offers to bear the expenses for his college education.