The Following Information Was Available for Kingston Co What Was Kingston's Change in Cash for 2012?
A)$17,500 Increase

question 62

Multiple Choice

The following information was available for Kingston Co.for 2012. $\begin{array}{ll}\text { Cash inflows from financing activities }&\$225,000\\\text { Cash outflows from investing activities }&\$415,000\\\text { Cash inflows from operations }&\$172,500\end{array}$
What was Kingston's change in cash for 2012?

• A)$17,500 increase
• B)$17,500 decrease
• C)$172,500 increase
• D)$172,500 decrease

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Definitions:

Preoperational Stage

According to Piaget, the stage from approximately age 2 to age 7 in which children’s use of symbolic thinking grows, mental reasoning emerges, and the use of concepts increases.

Cognitive Development

The process by which individuals acquire and process knowledge through thought, experience, and the senses over time.

Preoperational

Refers to a stage in Piaget's theory of cognitive development, where children aged 2 to 7 years use symbols to represent their earlier sensorimotor discoveries but lack the ability to perform operations or use logic.

Cognitive Development

The process through which a person's ability to think, understand, and learn evolves over the course of their life, starting from infancy.