At the Beginning of the Year,you Have an Outstanding Short-Term

question 58

Multiple Choice

At the beginning of the year,you have an outstanding short-term loan of $10 which was used to cover your cash needs for the previous year. During the current year,you expect to pay $2 interest and have an annual net cash inflow of -$10 (negative) ,excluding the interest payment. What is your anticipated loan balance at year end?

• A) $0
• B) $2
• C) $12
• D) $18
• E) $22

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Definitions:

Cue

A signal or stimulus that guides or prompts an action, response, or decision.

Relative Displacement

A measure of the change in position of an object in relation to a reference point.

Nervous System

The network of nerve cells and fibers that transmits nerve impulses between parts of the body, enabling communication and response to the environment.

Voluntary Eye Movements

Eye movements that are consciously controlled, allowing for the visual scanning of the environment.