Use the Following Information for Questions

question 21

Multiple Choice

Use the following information for questions.
Oswald Ltd.has recently decided to go public and has hired you as their independent accountant.They wish to adhere to IFRS and know that they must prepare a statement of cash flows.Their financial statements for 2017 and 2016 are provided below: The following additional data were provided for calendar 2017:
-On a statement of cash flows for calendar 2017, the cash provided by (used in) investing activities is

• A)$6,000.
• B)$30,000.
• C)$(36,000).
• D)$(44,000).

---

Definitions:

Void Contract

An agreement that lacks legal enforceability or is null from its inception due to certain legal deficiencies.

Installment Contract

A contract that requires periodic payments over time for the purchase of goods or services.

Substantial Impairment

Significantly diminished value, function, or condition of an asset or property.

Nonconforming Berries

Nonconforming berries are berries that do not meet specific standards or criteria set by regulatory bodies or contracts, such as size, quality, or condition requirements.