A Company Took Out $665,000 of New Debt This Year

question 5

Multiple Choice

A company took out $665,000 of new debt this year and repaid $1,000,000 of older debt in the same year.The company also issued stock for $442,000 cash and paid dividends of $99,000 for the year.The company's financing cash flows appearing the statement of cash flows will show:

• A) Net cash used in financing activities of $434,000
• B) Net cash used in financing activities of $335,000
• C) Net cash provided by financing activities of $8,000
• D) Net cash provided by financing activities of $107,000

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Definitions:

Decentration

The cognitive ability to consider multiple aspects of a situation simultaneously, important in child development, as described by Piaget.

Concrete Operational Stage

A stage in Piaget's theory of cognitive development, where children gain the ability to think logically about concrete objects and events.

Personal Fable

A belief held by adolescents that they are unique and invulnerable, leading to risk-taking behaviors.

Adolescents

Adolescents refer to individuals in the transitional developmental stage from childhood to adulthood, typically characterized by physical, psychological, and emotional changes.