Use the Following Information to Answer Questions
Player's Ltd

question 75

Multiple Choice

Use the following information to answer questions
Player's Ltd had the following activity during 2011: $\begin{array}{lr} \text {Proceeds from sale of long-term investments }&\$ 156,000 \\ \text {Gain on the sale of long-term investments } & 16,000\\ \text {Loss on the disposal of equipment }\\\text { (\$0 proceeds from disposal) } & 17,000 \\\text { Proceeds from sale of preferred shares } & 182,000 \\\text { Repayment of long-term debt } & 30,000\end{array}$
-What was the cash flow from investing activities?

• A)$16,000
• B)$156,000
• C)$173,000
• D)$189,000

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Definitions:

Marginal Utility

The supplementary enjoyment or advantage gained by a customer from the consumption of one more unit of a good or service.

Consumer Surplus

The difference between what consumers are willing to pay for a good or service relative to its market price, indicating the economic benefit to consumers.

High Price

Refers to goods or services being sold at a rate above the average market value, often due to high demand, low supply, or premium quality.

Marginal Utility

Marginal utility represents the additional satisfaction or benefit a consumer gains from consuming one more unit of a good or service.