The ________ approach attracts customers by charging consistently low pricing and avoiding

Manning Tint, Inc uses the indirect method to prepare its statement of cash flows

Refer to the following portion of the comparative balance sheet: Manning Tint, Inc Comparative Balance Sheet December 31, 2017 and 2016 2016 2015 Increase/(Decrease) Cash $28,000 $25,000 $3,000 Accounts Receivable 32,000 38,000 (6,000 ) Merchandise Inventory 55,000 25,000 30,000 Plant and Equipment 126,000 93,000 33,000 Accumulated Depreciation-Plant and Equipment (44,000 ) (45,000 ) (81,000 ) Total Assets $197,000 $136,000 $141,000 Additional information provided by the company includes the following: 1. Equipment was purchased for $66,000. 2. Equipment with a cost of $37,000 and accumulated depreciation of 7,200 was sold for $49,000. What was the amount of net cash provided by (used for) investing activities? A) $256,000 B) $17,000 C) $(256,000 ) D) $(17,000 )

A(n) ________ is an arrangement in which a third party promises to be secondarily liable for the payment of another's debt

A) guaranty arrangement B) surety arrangement C) insolvency arrangement D) accommodation