Jean's Vegetable Market Had the Following Transactions During 2017

question 49

Multiple Choice

Jean's Vegetable Market had the following transactions during 2017:
1) Issued $50,000 of par value common stock for cash.
2) Repaid a 6 year note payable in the amount of $22,000.
3) Acquired land by issuing common stock of par value $100,000.
4) Declared and paid a cash dividend of $2,000.
5) Sold a long-term investment (cost $3,000) for cash of $8,000.
6) Acquired an investment in IBM stock for cash of $15,000.
What is the net cash provided used by investing activities?

• A) $15,000
• B) $33,000
• C) ($7,000)
• D) $8,000

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Definitions:

Brainstem

The central trunk of the brain, continuing downwards to form the spinal cord, which controls fundamental life functions such as breathing and heart rate.

Prefrontal Cortex

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

Spontaneous Movements

Movements occurring without conscious control or external stimuli, often seen in early development or neurological conditions.

Motor Neurons

Neurons that transmit signals from the spinal cord to muscles, effectively converting neural messages into muscle movements.