A Company Reported the Following Information for a Financial Year

question 13

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 investing activities?

• A) $4 000 net cash inflow.
• B) $24 000 net cash inflow.
• C) $(20 000) net cash outflow.
• D) $(24 000) net cash outflow.

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Definitions:

Frontal Lobe

The frontal lobe is a region in the brain involved in decision making, problem solving, control of purposeful behaviors, consciousness, and emotions.

Temporal Lobe

A region of the cerebrum responsible for hearing, understanding language, and storing memories.

Occipital Lobe

The region of the brain located at the back of the head, responsible for processing visual information.

Brain Tumour

An abnormal growth of cells within the brain that can be benign (non-cancerous) or malignant (cancerous).