Packard Company Engaged in the Following Transactions During Year 1

question 100

Multiple Choice

Packard Company engaged in the following transactions during Year 1, its first year of operations. (Assume all transactions are cash transactions.)
1) Acquired $1,850 cash from the issue of common stock.2) Borrowed $1,320 from a bank.3) Earned $1,500 of revenues cash.4) Paid expenses of $430.5) Paid a $230 dividend.During Year 2, Packard engaged in the following transactions. (Assume all transactions are cash transactions.) 1) Issued an additional $1,225 of common stock.2) Repaid $850 of its debt to the bank.3) Earned revenues of $1,650 cash.4) Incurred expenses of $720.5) Paid dividends of $280.What is the amount of Packard Company's net cash flow from financing activities for Year 2?

• A) Net inflow of $945.
• B) Net outflow of $1,130.
• C) Net outflow of $850.
• D) Net inflow of $95.

Grasp the function and importance of extraembryonic membranes in amniote development.

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Definitions:

External Financing

Funds that a business obtains from outside sources to cover its operational needs and finance growth, including debt and equity financing.

Internal

Pertaining to activities, operations, or factors that occur or exist within an organization or entity.

Full Capacity

The maximum level of output that a company can produce under normal conditions over a given time period.