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

question 165

Multiple Choice

In preparing a company's statement of cash flows for the year just ended,the following information is available: Net cash flows from financing activities for the year were:

• A)$147,000 of net cash used.
• B)$26,000 of net cash used.
• C)$347,000 of net cash used.
• D)$51,000 of net cash used.
• E)$340,000 of net cash used.

---

Definitions:

Marginal Rate

The rate at which one variable changes with respect to a slight change in another variable, often used in the context of taxes or production.

Transformation

The process of changing the structure, appearance, or character of something, often seen in economic contexts as shifts in production or technology.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision, a fundamental concept in economics that captures the essence of trade-offs.

Economic Growth

The growth in the real market value of goods and services that an economy generates over a period.