Use the Following Information for Questions 16-17

question 7

Multiple Choice

Use the following information for questions 16-17.
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 2020 and 2019 are provided below: The following additional data were provided for calendar 2020:
1. Dividends declared and paid were $ 24,000.
2. Equipment was sold for $ 30,000. This equipment originally cost $ 44,000, and had a book value of $ 36,000 at the time of sale. The loss on sale was included in "selling and administrative expenses," as was the depreciation expense for the year.
3. Bonds were retired during the year at par.
-On a statement of cash flows for calendar 2020, the cash provided by (used in) investing activities is

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

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Definitions:

Personal Space

The physical distance individuals prefer to maintain between themselves and others to feel comfortable and safe.

North American Body Language

The non-verbal signals and cues used in North American cultures to communicate feelings, intentions, or messages.

Self-concept

An individual's understanding and perception of themselves, built from experiences and feedback from the environment.

Open/Closed Body Positions

Describes nonverbal cues in communication where "open" positions indicate receptiveness and "closed" positions may suggest defensiveness or disinterest.