Use the Following Information to Answer Questions
Player's Ltd

question 52

Multiple Choice

Use the following information to answer questions
Player's Ltd had the following activity during 2011: $\begin{array}{lr} \text {Proceeds from sale of long-term investments }&\$ 156,000 \\ \text {Gain on the sale of long-term investments } & 16,000\\ \text {Loss on the disposal of equipment }\\\text { (\$0 proceeds from disposal) } & 17,000 \\\text { Proceeds from sale of preferred shares } & 182,000 \\\text { Repayment of long-term debt } & 30,000\end{array}$
-What was the cash flow from financing activities?

• A)$135,000
• B)$168,000
• C)$169,000
• D)$152,000

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Definitions:

Death Benefit

The sum paid to a beneficiary upon the insured’s death, provided through a life insurance policy.

Savings Plan

A program that encourages regular saving by setting aside a certain amount of income for future use, often with tax advantages or interest accrual.

Actuarially Determined

Calculated based on actuarial methods and assumptions, often referring to pension plan contributions or insurance risk assessments.

Pension Funds

Investment pools that collect and invest contributions from workers and employers to provide retirement benefits to the workers.