question 28
Multiple Choice
Selected data for Kris Corporation's comparative balance sheets for Year 1 and Year 2 are as follows:
Assets Cash Accounts receivable (net) Inventory Equipment (net) Total assets Liabilities and Equity Accounts payable Income taxes payable Bonds payable Common stock Retained earnings Total liabilities and Equity A brief income statement for Year 2 shows the following: Sales Cost of goods sold Operating expenses Depreciation Income tax expense Net Income Year 1 $100,00050,000100,000$300,000$550,000$150,00080,000100,000100,000120,000$550,000$500,000100,00050,000100,000 Year 2 ($50,000) 100,000250,000350,000$650,000$100,00030,00080,000200,000240,000$650,000$900,000750,000$150,000
-What are Kris' cash flows from investing activities for Year 2?
Definitions:
Cognition
The mental action or process of acquiring knowledge and understanding through thought, experience, and the senses, encompassing processes such as memory, judgment, and problem-solving.
Sympathetic Nervous System
A branch of the autonomic nervous system responsible for the body’s fight or flight response, regulating involuntary actions like heart rate and blood flow in reaction to stress.
Parasympathetic Nervous System
A division of the autonomic nervous system responsible for rest and digestion, conserving energy, and lowering heart rate.
James-Lange Theory
A theory of emotion that suggests emotions occur as a result of physiological reactions to events.