Use the Following Cash Flow Data of Haven Hardware for the Year

question 13

Multiple Choice

Use the following cash flow data of Haven Hardware for the year ended 31 December 2013. What is the net increase or decrease in cash for Haven Hardware for 2013?

• A)($94 000)
• B)($88 000)
• C)$88 000
• D)$188 000

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Definitions:

Pluton

A body of intrusive igneous rock that solidified below the surface of the earth.

Shear Zone

A region of the Earth's crust where rocks have been deformed by shear stress, leading to the alteration of their structure and the development of foliation.

Supercontinent

A large landmass that includes more than one continental core, which in Earth's history has periodically merged and then broken apart.

Gondwana

Name given by geologists to the hypothetical combination of the southern continents into a single large supercontinent.