Laker Company Has Provided the Following Information for Its Most

question 42

Essay

Laker Company has provided the following information for its most recent year of operation:
Cash collected from customers totaled $99,300.
Cash borrowed from banks totaled $42,700.
Cash paid to employees totaled $23,300.
Cash paid for interest totaled $3,100.
Cash received from selling an investment in Husky stock totaled $73,000.
Cash payments to banks for repayment of money borrowed totaled $9,700.
Cash paid for operating expenses totaled $11,200.
Land costing $75,000 was sold for $75,000 cash.
Cash paid for dividend payments to stockholders totaled $7,700.
How much was Laker's net cash flow from investing activities?

---

Definitions:

Social Loafing

The phenomenon where individuals exert less effort to achieve a goal when they work in a group than when they work alone.

Free Riders

Individuals who benefit from resources, goods, or services without paying for them or contributing to their cost.

Anti-Synergistic

Describes actions or processes that interfere with or negate each other's effectiveness, leading to a result less than the sum of individual parts.

Personality Conflicts

Arises when there are clashing personalities or differences in character among individuals that lead to tensions, disagreements, or misunderstandings within a group.