In Preparing a Company's Statement of Cash Flows for the Most

question 84

Multiple Choice

In preparing a company's statement of cash flows for the most recent year,Ransom Corp.reported the following information: Net cash flows from financing activities for the year were:

• A)$230,000 of net cash used.
• B)$230,000 of net cash provided.
• C)$108,000 of net cash used.
• D)$138,000 of net cash used.
• E)$138,000 of net cash provided.

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Definitions:

Refusing

The act of denying or rejecting a proposal, request, or command.

Laughing

An involuntary response to certain external or internal stimuli, often associated with amusement, joy, or relief.

Internalization of Schemes

The process by which children absorb and integrate new information and experiences into their existing cognitive structures or schemas.

Months

units of time in the calendar, typically used to measure periods of about 30 days long, which together constitute a year.