The following financial information is available for Ligutti Company: 20X3 20X2

Cash and cash equivalents $ 18,000 $15,000

Accounts receivable 25,000 22,000

Buildings 108,000 45,000

Accumulated depreciation (20,000) (16,000)

Land 10,000 40,000

$141,000 $106,000

Accounts payable $ 31,000 $22,000

Long-term notes payable 50,000 20,000

Common stock 30,000 50,000

Retained earnings 30,000 14,000

$141,000 $106,000

Additional information:

Net income for 20X3 was $25,000.
No buildings were sold during 20X3.
Dividends declared during the year were paid in cash during the year.
All building purchases made during 20X3 were made with cash.

What was the net cash provided by (used in) financing activities?

-$20,000
$10,000
-$29,000
$41,000
none of these

Alarge university wanted to study the relationship between completing an internship during college and students' future earning potential. prom the same graduating class, they selected a random sample of 80 students who completed an internship and 100 students who did not complete an internship and examined their salaries five years after graduation. they found that there was a statistically higher mean salary for the internship group than for the noninternship group. which of the following interpretations is the most appropriate? a. there could be a confounding variable, such as student major, that explains the difference in mean salary between the internship and no internship groups.b. we cannot infer anything from these data since the distribution of salaries is likely right skewed.c. you cannot draw any valid conclusions because the sample sizes are different.d. more students should complete internships because having an internship produces a higher salary.