Exhibit 10 During 2004 Nelson Corp

question 10

Multiple Choice

Exhibit 10.7
Use the Information Below for the Following Problem(S)
You are provided with the following information for the Nelson Corporation.
\begin{array}{lrr}\begin{array}{l}\\\text{Net Income}\\\text{Depreciation}\\\text{Total Current Assets}\\\text{Total Current Liabilities}\\\end{array}\\begin{array}{r}2003 \\\hline \$ 1500 \\\$ \quad 200 \\\$ \quad 700 \\\$ \quad 500\end{array}\\begin{array}{r}\text { 2004 } \\\hline\$2000 \\\$ \quad 475 \\\$ \quad 900 \\\$ \quad 800\end{array}\\end{array}
During 2004 Nelson Corp. made capital expenditures totaling $500 and disposed property worth $800.
-Refer to Exhibit 10.7.The firm's cash flow from operating activities for the year 2004 is

• A) $2200
• B) $2575
• C) $2325
• D) $2875
• E) $1900

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Definitions:

Phosphate Group

A functional group consisting of a phosphorus atom covalently bonded to four oxygen atoms, important in energy transfer and storage.

Promoter Sequence

A specific region of DNA upstream of a gene that binds RNA polymerase and initiates transcription of the gene.

Transcription

The process of copying a segment of DNA into RNA by the enzyme RNA polymerase.

DNA Polymerase

A catalyst that constructs DNA strands from deoxyribonucleotides, which are the foundational elements of DNA.