Exhibit 10 During 2004 Klandy Corp

question 35

Multiple Choice

Exhibit 10.6
Use the Information Below for the Following Problem(S)
You are provided with the following information for the Klandy Corporation.
$\begin{array}{lccc} &\ 2003 & 2004 \\ \text { Net Income } & \$ 1200 & \$ 1500 \\\text { Depreciation } & \$ 200 & \$ 300 \\\text { Total Current Assets } & \$ 700 & \$ 900 \\\hline\end{array}$
During 2004 Klandy Corp. made capital expenditures totaling $500 and disposed property worth $400.
-Refer to Exhibit 10.6.The firm's cash flow from operating activities for the year 2004 is

• A) $2100
• B) $1900
• C) $1800
• D) $1700
• E) $1600

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Definitions:

Investment

Channeling funds into ventures with the expectancy of generating income or profit.

Interest

Interest is the cost of using someone else's money or the income earned from lending money, calculated as a percentage of the principal amount.

Grows

an increase in size, number, value, or strength.

Investment

Allocating financial resources with the aim of generating revenue or gains.