-What Is the Investment Cash Flow?
A) -$45
B) -$65

question 47

Multiple Choice

$\begin{array}{lr}\text { Net income } & \$ 200 \\\text { Depreciation } & 55 \\\text { Issuance of new stock } & 15 \\\text { Repurchase of debt } & 10 \\\text { Sale of property } & 20 \\\text { Purchase of equipment } & 65 \\\text { Dividend payments } & 35 \\\text { Interest payments } & 50\end{array}$
-What is the investment cash flow?

• A) -$45
• B) -$65
• C) $85
• D) $45
• E) -$85

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Definitions:

Beneficiary

A person or entity entitled to receive benefits from a will, trust, insurance policy, or other legal agreements.

Divorced

The legal dissolution of a marriage by a court or other competent body.

Proceeds

The total amount of money received from a sale or transaction.

Replacement Cost

The amount of money required to replace damaged or lost assets with new ones of the same or similar quality.