Use the Following Information for Questions 20-21

question 42

Multiple Choice

Use the following information for questions 20-21.
Casio adheres to ASPE. Casio Corp.'s transactions for the year ended December 31, 2020 included the following:
1. Purchased land for $ 275,000 cash.
2. Borrowed $ 275,000 from the bank on a long-term note.
3. Sold long-term investments for $ 250,000.
4. Accounts receivable decreased by $ 50,000.
5. Paid cash dividends of $ 300,000.
6. Issued 1,000 common shares for $ 125,000.
7. Purchased machinery and equipment for $ 62,500 cash.
8. Accounts payable increased by $ 100,000.
-The cash used in investing activities for 2020 was

• A) $ (337,500).
• B) $ (187,500).
• C) $ (87,500).
• D) $ (25,000).

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Definitions:

Sensory Adaptation

The process by which a person becomes less sensitive to stimuli from their environment after prolonged exposure.

Bottom-Up Processing

An approach to information processing that starts with the sensory input and builds up to the final perception in a step-by-step process.

Sensory Receptors

Specialized cells or structures in the body that detect changes in the environment and convey information to the nervous system.

Optic Nerve

The nerve that transmits visual information from the retina to the brain.