Below is a summary of all transactions of Pixar Toy Manufacturing for the month of August 2021. Cash Transactions Cash collections from: Customers $ 93,500 Sale of unused warehouse 36,000 Bank borrowing 26,000 Cash payments for: Employee salaries (65,300 ) Office rent (19,000 ) Manufacturing equipment (46,000 ) Office utilities (11,800 ) Dividends to stockholders (6,700 ) Materials to make toys (27,700 ) Noncash Transactions Sales to customers on account 16,400 Purchase of materials on account 13,900 Purchase equipment with promissory note to pay later 18,500 Required: Prepare a statement of cash flows for the month of August 2021, properly classifying each of the transactions into operating, investing, and financing activities. The cash balance at the beginning of August is $25,500. (List cash outflows and decrease in cash as negative amounts.)

Reliability and validity reliability and validity are two important considerations that must be made with any type of data collection. reliability refers to the ability to consistently produce a given result. in the context of psychological research, this would mean that any instruments or tools used to collect data do so in consistent, reproducible ways. unfortunately, being consistent in measurement does not necessarily mean that you have measured something correctly. to illustrate this concept, consider a kitchen scale that would be used to measure the weight of cereal that you eat in the morning. if the scale is not properly calibrated, it may consistently under- or overestimate the amount of cereal that’s being measured. while the scale is highly reliable in producing consistent results (e.g., the same amount of cereal poured onto the scale produces the same reading each time), those results are incorrect. this is where validity comes into play. validity refers to the extent to which a given instrument or tool accurately measures what it’s supposed to measure. while any valid measure is by necessity reliable, the reverse is not necessarily true. researchers strive to use instruments that are both highly reliable and valid.