-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.

---

Definitions:

Abstract Thinking

Abstract thinking is the ability to consider concepts, understand complex ideas, and apply problem-solving strategies beyond the concrete and immediate.

Cognitive Development

refers to the processes by which thinking evolves, including acquiring, processing, and storing knowledge and information.

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or otherwise sensed, typically developed in infancy.

Conservation

The principle that certain properties, like volume, mass, and number, remain the same despite changes in the forms of objects, in cognitive development.