Jen Won $900 in a Lottery

question 1

Multiple Choice

Jen won $900 in a lottery.She has a choice between using the money to buy a sofa,a television,or going on a vacation.If she chooses to buy a television,the opportunity cost of this decision is

• A) zero because she won the money.
• B) the sofa and the vacation trip.
• C) the sofa, the vacation trip, and $900.
• D) the sofa if that was her second choice.

---

Definitions:

Net Cash Provided

The amount of cash generated from a company's operating, investing, and financing activities during a specific period.

Free Cash Flow

The amount of cash generated by a business after accounting for operational expenses and capital expenditures, available for shareholders, reinvestment, or debt repayment.

Net Cash Provided

The surplus amount of cash generated by an entity's operations after accounting for all outgoing and incoming cash flows.

Comparative Balance Sheet

A financial statement that presents the assets, liabilities, and equity of a company at two or more different dates for the purpose of comparison.