Use the Following Information for Questions

question 34

Multiple Choice

Use the following information for questions.
Malcolm Corp.'s statements of financial position at December 31, 2017 and 2016 and information relating to 2017 activities are presented below: Other information relating to 2017 activities:
-The cash used in investing activities in 2017 was

• A)$580,000.
• B)$455,000.
• C)$430,000.
• D)$420,000.

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Definitions:

Liquidity

The ease with which an asset, or security, can be converted into ready cash without affecting its market price.

Asset Management

The process of effectively managing and investing in assets to increase their value or yield.

Debt Management

The process of overseeing and managing a company's or individual's debt load to maximize financial stability and minimize interest expense.

Profitability

Profitability is a measure of the efficiency and financial success of a business or project, indicated by the ability to generate income greater than its expenses and costs.