The Following Information on Selected Cash Transactions for 2015 Has

question 137

Multiple Choice

The following information on selected cash transactions for 2015 has been provided by Mancuso Company: $\begin{array}{lr}\text { Proceeds from sale of land } & \$ 210,000 \\\text { Proceeds from long-term borrowings } & 400,000 \\\text { Purchases of plant assets } & 144,000 \\\text { Purchases of inventories } & 680,000 \\\text { Proceeds from sale of Mancuso common stock } & 240,000\end{array}$ What is the cash provided (used) by investing activities for the year ended December 31, 2015, as a result of the above information?

• A) $66,000
• B) $256,000.
• C) $210,000.
• D) $850,000.

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Definitions:

Status Structure

The set of authority and task relations among a group’s members.

Task Relations

The dynamics and interactions between tasks within a workflow or project.

Authority

signifies the legitimate power or right given to an individual or body to make decisions, command resources, and enforce obedience.

Performing Stage

A phase in group development where members effectively work together and achieve high levels of task performance and cooperation.