The Following Transactions Occurred Last Year at Dempsey Inc

question 50

Multiple Choice

The following transactions occurred last year at Dempsey Inc. Based solely on the above information, the net cash flows from financing activities for the year on the statement of cash flows would be

• A) $249,000.
• B) $7,000.
• C) $(103,000).
• D) $(6,000).

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Definitions:

Axon

An elongated, thin extension of a neuron, or nerve cell, that generally transports electrical signals from the cell body of the neuron.

Messages

Units of communication that convey information, thoughts, or ideas from one entity to another.

Central Nervous System

The part of the nervous system consisting of the brain and spinal cord.

Brain

The complex organ located in the skull that is responsible for cognitive function, processing information, and controlling most of the activities of the body.