Mazoff Corp Had the Following Activities During the Year What Was Mazoff's Cash Flow from Investing Activities for the

question 102

Multiple Choice

Mazoff Corp had the following activities during the year: $$\begin{array} { | l | r | } \hline \text { Proceeds from the sale of land } & \$ 300,000 \\\hline \text { Gain on sale of land } & \$ 50,000 \\\hline \text { Proceeds from the issue of common shares } & \$ 1,000,000 \\\hline \text { Purchase of equipment } & \$ 450,000 \\\hline \text { Repayment of mortgage outstanding on the sold land } & \$ 200,000 \\\hline \text { Interest paid } & \$ 22,500 \\\hline \text { Dividends paid } & \$ 10,000 \\\hline\end{array}$$ What was Mazoff's cash flow from investing activities for the year?

• A) $350,000 outflow
• B) $150,000 outflow
• C) $100,000 outflow
• D) $850,000 inflow

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Definitions:

Sister Chromatids

Identical copies of a chromosome, connected by a centromere, formed during DNA replication and present until they are separated into two daughter cells during cell division.

Cohesin Proteins

Proteins that hold sister chromatids together, ensuring they are correctly segregated during cell division.

Ionic Bonding

An ionic bond is the result of electron transfer between atoms, leading to the formation of oppositely charged ions.

Cytokinesis

The final stage of cell division, where the cytoplasm of a single cell is divided into two daughter cells.