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Alcoser Corporation's most recent balance sheet appears below: Comparative Balance Sheet Ending Beginning Balance Balance $ 87 52 72 630 246 $595 $ 40 55

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Alcoser Corporation's most recent balance sheet appears below: Comparative Balance Sheet Ending Beginning Balance Balance $ 87 52 72 630 246 $595 $ 40 55 103 543 225 $516 Assets: Cash and cash equivalents Accounts receivable Inventory Property, plant, and equipment Less accumulated depreciation Total assets Liabilities and stockholders' equity: Accounts payable Accrued liabilities Income taxes payable Bonds payable Common stock Retained earnings Total liabilities and equity $ 60 36 27 $ 69 35 47 219 88 248 94 130 $595 58 $516 Net income for the year was $94. Cash dividends were $22. The company did not dispose of any property, plant, and equipment. It did not issue any bonds payable or repurchase any of its own common stock. The following questions pertain to the company's statement of cash flows. The net cash provided by (used in) operating activities for the year was: Multiple Choice $149 $85 ($27) $121 Navern Corporation manufactures and sells custom home elevators. From the time an order is placed until the time the elevator is installed in the customer's home averages 49 days. This 49 days is spent as follows: Wait time Inspection time Process time Move time Queue time 14 days 11 days 6 days 7 days 11 days What is Navern's manufacturing cycle efficiency (MCE) for its elevators? Bries Corporation is preparing its cash budget for January. The budgeted beginning cash balance is $19,700. Budgeted cash receipts total $191.500 and budgeted cash disbursements total $191,400. The desired ending cash balance is $31,700. To attain its desired ending cash balance for January, the company should borrow: Multiple Choice $51,500 $31,700 $11,900

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