-The Amount Reported as Net Cash Provided by Financing Activities

question 45

Multiple Choice

$\begin{array}{l}\text { The following data is for the Kris Company for } 2015 \text {; }\\\begin{array}{lr}\text { Gain on sale of equipment } & \$8, 000 \\\text { Purchase of First Corp. bonds (face value } \$ 250,000 \text { ) } & 275,000 \\\text { Proceeds from sale of machinery } & 300,000 \\\text { Dividends paid } & 50,000 \\\text { Proceeds from sale of treasury stock } & 200,000\end{array}\end{array}$
-The amount reported as net cash provided by financing activities is

• A)$25,000.
• B)$30,000.
• C)$150,000.
• D)$200,000.

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Definitions:

Nonrejection Region

The range of values in hypothesis testing for which the null hypothesis is not rejected, indicating no statistical significance difference.

Z.TEST

A statistical test used to determine whether there is a significant difference between a sample mean and a known population mean, assuming a normal distribution.

P-Value

In statistical hypothesis testing, the probability that the observed data could have occurred by random chance if the null hypothesis is true.

Excel Function

A prebuilt formula in Microsoft Excel that performs calculations, manipulates data, or performs other specific tasks.