Ralirali Corporation's Financial Statements Included the Following Amounts for the Current

question 11

Multiple Choice

Ralirali Corporation's financial statements included the following amounts for the current year: $$\begin{array} { | l | r | } \hline \text { Issued new shares of preferred stock } & \$ 98,000 \\\hline \text { Loaned cash to key supplier } & 24,000 \\\hline \text { Bought new delivery truck for cash } & 59,000 \\\hline \text { Proceeds from the sale of used production machinery } & 29,000 \\\hline \text { Sold treasury stock } & 31,000 \\\hline\end{array}$$
Based on this information, what is the amount of net cash provided (used) by investing activities?

• A) $30,000 net inflow
• B) $54,000 net inflow
• C) $54,000 net outflow
• D) $5,000 net outflow

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Definitions:

Hyaluronic Acid

Mucopolysaccharide made up of alternating β-(1,4)-linked residues of hyalobiuronic acid, forming a gelatinous material in the tissue spaces and acting as a lubricant and shock absorbent generally throughout the body.

Synovial Fluid

A viscous liquid located within joint cavities, providing lubrication to reduce friction between articulating bones.

Hyaline Cartilage

A type of connective tissue found in various parts of the body including the nose, trachea, and articular surfaces, providing support and flexibility.

Lubricating Properties

The quality of substances to reduce friction between surfaces in contact, often by the application of oils or greases.