A Company Reported the Following Information for a Financial Year

question 4

Multiple Choice

A company reported the following information for a financial year: $\begin{array}{lr}\text { Profit from ordinary activities before incometax expense } & 264000 \\\text { Income tax expense } & 70000 \\\text { Depreciation expense } & 24000 \\\text { Issue of shares } & 120000 \\\text { Loan made to another company } & 24000 \\\text { Increase in accounts receivable } & 8000 \\\text { Decrease in inventories } & 12000 \\\text { Cash received from loans receivable } & 4000 \\\text { Dividends paid } & 16000\end{array}$ What is the net cash inflow (outflow) from financing activities?

• A) $104 000 net cash inflow.
• B) $120 000 net cash inflow.
• C) $124 000 net cash inflow.
• D) $(16 000) net cash outflow.

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Definitions:

Real Attitude Change

Real attitude change refers to a genuine shift in a person's beliefs, feelings, or positions on a particular issue, resulting from persuasion, new information, or reevaluation of existing information.

Counterinfluence

Methods or strategies used to combat or reduce the effect of influence attempts by others.

Assertiveness

The quality of being self-assured and confident without being aggressive, in order to express one's opinions and needs directly.

Determination

A quality of persistently pursuing one's goals despite challenges.