During the Year, Penso Ltd Received $50 000 from Its

question 33

Multiple Choice

During the year, Penso Ltd received $50 000 from its customers, $5 000 for the sale of a motor vehicle and $20 000 for the issue of shares. It paid $27 000 to suppliers and employees, $3 000 for income tax and $50 000 for new machinery. In addition, it paid out $12 000 to redeem bonds. Its cash balance at the commencement of the year was $22 000. What were the cash flows from investing activities?

• A) $8 000
• B) $45 000
• C) ($45 000)
• D) ($48 000)

---

Definitions:

Intermediate Phenotype

A phenotype that represents a blend or a combination of two extreme phenotypic traits or forms found in a population.

Color Blindness

A genetic condition where a person's ability to perceive colors is altered or diminished due to abnormalities in certain photoreceptor cells in the eye.

Recessive

A genetic term describing an allele that is masked by the presence of a dominant allele in a heterozygous combination.

Hemizygous

Possessing only one allele for a particular locus; a human male is hemizygous for all X-linked genes. Compare with homozygous and heterozygous.