General Motors Decides to Close One of Its Manufacturing Plants

question 188

Multiple Choice

General Motors decides to close one of its manufacturing plants in the Midwest. GM sells the facility to a new foreign automobile manufacturer. The money GM receives from this sale would belong in the ____ section of the statement of cash flows.

• A) operating
• B) investing
• C) business
• D) selling
• E) financing

---

Definitions:

Population Parameter

A numerical value that summarizes or describes a characteristic of an entire population.

Confidence Interval

Confidence interval is a range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter with a certain level of confidence.

Population Standard Deviation

Population standard deviation is a measure of the dispersion or variation in a set of values from a population, calculating how spread out the values are from the population mean.

Population Mean

The average value of all elements in a population, where the population represents the entire set of interest.