Marion Company Had These Transactions During the First Month of the New

question 53

Multiple Choice

Marion Company had these transactions during the first month of the new accounting period:
$\bullet$ Sold merchandise for $9000 on credit; its cost was $5000 and it was purchased and paid for last year
$\bullet$ Collected $3000 from an account receivable
$\bullet$ Borrowed $10 000 from the bank
$\bullet$ Paid dividends of $500
Using the above information, Marion would report net cash flow from operating activities for the new period as:

• A) $2500.
• B) $3000.
• C) $8000.
• D) none of the answers provided.

---

Definitions:

Disadvantaged People

Individuals or groups who face social, economic, or educational barriers due to various factors such as poverty, discrimination, or disability.

Privileged Majority

A societal group that holds a disproportionate amount of power, wealth, and status, often benefiting from systemic advantages.

Robert Provine

Robert Provine is a researcher known for his work in the fields of psychology and neuroscience, particularly for studies on laughter, emotional expression, and social behavior.

Feminist Movements

Organizations and efforts aimed at defining, establishing, and achieving political, economic, personal, and social equality of sexes.